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The new rules and regulations set to begin on January 1

The new rules and regulations set to begin on January 1

Under the package, the threshold for creditors to initiate bankruptcy proceedings was increased from $2000 to $20,000, while the time to respond to a bankruptcy notice was extended to six months. Personal relief Temporary relief for directors from insolvent trading laws will also come to an end, with banks and insolvency experts expecting to see a spike in corporate collapses in the first...

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Australia FIRB Foreign Investment Review Board

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