15.2 cents within the dollar. ASIC accepts that there has been a sluggish (and low) uptake of the small enterprise restructuring process. Australia is within the midst of an inquiry into corporate insolvency, which will look at the operation of the present insolvency framework and options for reform. One of the areas that will be thought-about by the inquiry is small enterprise restructurings. 1 million debt threshold will obtain vital focus and potentially be raised given worsening financial situations. ...
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