From the Australian Small Business and Family Enterprise Ombudsman:
Good afternoon everyone,
Today we have officially launched our Insolvency Practices Inquiry. This inquiry will investigate if current insolvency practices achieve the best possible outcome for small and family businesses in financial trouble. I have attached the terms of reference for the Inquiry.
We would appreciate it if you could forward this onto your members and ask them to contribute their experiences when faced with financial difficulties, restructured or have wound up their business. You or your members can contribute via:
Analyst | Advocacy
Australian Small Business and Family Enterprise Ombudsman
Phone: +61 2 6121 6414