The regulation of company directors remains a topical issue in Australia. Concern has been raised that all too often direct liability is being imposed on company directors as a first option. Over-regulation has the potential to stifle entrepreneurial risk taking at a time of great economic...

The Global Financial Crisis has shone a bright light on the efficacy and scope of Australia's corporate and financial regulatory system. The past year has seen several significant changes introduced, many of which have given more power and responsibility to Australia's corporate regulator ASIC....

One of the benefits of voluntary administration under Pt 5.3A of the Corporations Act 2001 (Cth) is that it allows for a smooth transition from administration to a creditors' voluntary liquidation, particularly when the company cannot be returned to profitability by either the period of...