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Insolvency Risk in Australia

by AFIA

The effects of quarantine and lockdown measures have had sudden and radical consequences for Australian businesses, with many organisations facing significant exposure to financial burden unlike ever before. Interestingly, the Government response to the COVID crisis has created an unusual situation – insolvencies are now half the level of this time last year. While economic packages have provided temporary relief for financially distressed businesses, there is little doubt that this trend will continue until the end of stimulus in September.

In this webinar, two leaders at the coalface of dealing with the impending influx of insolvencies – AICM and ARITA - draw on their extensive network to provide insight into what their members are seeing on the front line, the policy and structural responses they are collaborating with Government on and their expectations for how our economy will track over the next 12 months.

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Categories: On-demand Webinars