Showing 1 - 10 of 13
The authors report the results of an empirical study of the use of debt agreements in Australian personal insolvency law. Debt agreements were introduced into Australian personal insolvency law in 1996 as an alternative to bankruptcy. This alternative has become increasingly popular, and in 2010...
Persistent link: https://www.econbiz.de/10013119696
This article compares reforms to directors' liability for insolvent trading in Singapore and in Australia. The authors … largely the same – Singapore's law on insolvent trading reflected the law in Australia from the 1960s. However, the law in the … of Australia's insolvency law reforms in 2017 which led to the introduction of a safe harbour for directors from …
Persistent link: https://www.econbiz.de/10012844974
Bankruptcy is widely regarded as a means of rehabilitation for debtors in severe financial hardship. To date, however, there have been few attempts to study its long term impact on individuals' finances, health, social relationships and general quality of life. The authors address this gap in...
Persistent link: https://www.econbiz.de/10012955926
This paper examines recent trends in Australian personal bankruptcy by analysing a large data set obtained from the regulator, the Australian Financial Security Authority. It demonstrates a marked decline in Australian bankruptcy rates, since a peak in 2009, and a consistent rise in levels of...
Persistent link: https://www.econbiz.de/10012959759
This study is the first empirically based analysis of business bankruptcy to be conducted in Australia. It aims to …
Persistent link: https://www.econbiz.de/10012906914
This article presents the results of the first empirical study focused on older Australians in bankruptcy. Our study — based on the examination of a large and unique dataset obtained by the authors from the bankruptcy regulator — provides a valuable insight into the severe financial...
Persistent link: https://www.econbiz.de/10012897411
According to data published by the Australian Financial Security Authority (AFSA), Australian women and men offer strikingly similar reasons for their entry into bankruptcy. Yet a more detailed analysis of AFSA's data indicates that women and men often go bankrupt in very different social and...
Persistent link: https://www.econbiz.de/10012867310
In May 2015 the Productivity Commission released its Draft Report ‘Business Set-up, Transfer and Closure'. This research note does not deal with the broad range of issues touched on by the Productivity Commission. Instead, it concentrates on those matters relating to corporate insolvency and...
Persistent link: https://www.econbiz.de/10012977965
scholarly attention in Australia, the authors draw on parliamentary debates, court judgments, media reports, and other sources … to provide an account of bankruptcy stigma in contemporary Australia. The authors examine the UK's recent efforts to …
Persistent link: https://www.econbiz.de/10013002755
The duty imposed on company directors under Australian law to not have the company of which they are a director trade while it is insolvent is controversial. The recent introduction of a safe harbour for directors' personal liability for breach of the duty to prevent insolvent trading highlights...
Persistent link: https://www.econbiz.de/10012859034