Australian energy regulator quietly tests resilience of retail market
The rarely used resilience test requires retailers to supply financial information, and comes amid heightened concerns about the fallout of the energy crisis.
Source: afr.com
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Energy crisis claims next retailer
Australia’s first community-owned renewables supplier Enova has gone into administration while at the big end of the market, EnergyAustralia has been hit with heavy losses.
Source: afr.com
Insolvency firm eyes Canberra in latest expansion
An Australian insolvency firm has marked Australia's capital for its next office launch. Cathro & Partners has opened up shop in Canberra, expanding its presence from Sydney and Brisbane. Cathro & P
Source: lawyersweekly.com.au
Boutique insolvency start-up expands to Canberra
Demand for advice is increasing as businesses emerge from the pandemic, it says.
Source: accountantsdaily.com.au
ATO's ticking time bomb of unpaid construction tax bills
Corporate insolvency – or the threat of it – is crucial to keeping businesses honest, and when that doesn’t happen, problem debts build up – as they are now.
Source: afr.com