John Winter @ARITAceo
CEO of the ARITA - Australian Restructuring Insolvency & Turnaround Association and Vice President at AuSAE - Australasian Society of Association Executives arita.com.au Sydney, New South Wales Joined June 2014-
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A simplified regime for SMEs should be “low-hanging fruit” for the insolvency review, says John Winter of ARITA. accountantsdaily.com.au/regulation/182…
About 50,000 business owners a year are simply handing back the keys and walking away, says the chief executive of insolvency body ARITA, due to a “dysfunctional” wind-up system. accountantsdaily.com.au/tax-compliance…
Dominique Grubisa “[My "Vestey Trust"] has been tested and stood up in the Federal Court of Australia [in Sharrment v Official Trustee in Bankruptcy]”. ACCC "Sharrment does not concern Vestey Trust & does not provide authoritative
Kudos to Max for his continuing focus on this story. I am bewilded as to why more action isn't being taken, including by Legal Services Commissioners, etc
Kudos to Max for his continuing focus on this story. I am bewilded as to why more action isn't being taken, including by Legal Services Commissioners, etc
This is important progress in helping create a more resilient Australian economy We thank @Deborah_ONeill for her responsiveness and leadership.
This is important progress in helping create a more resilient Australian economy We thank @Deborah_ONeill for her responsiveness and leadership.
Yeeeeeessss!!! Cheer, cheer!!
After recent strong growth, Aussie business turnover (tax office data) fell by 3% in July, the largest decline since the worst point of the pandemic in 2020. The fall was driven by mining sales, which fell 10%. Non-mining sales were broadly unchanged after recent solid growth
A big jump in UK insolvencies (highest since 2009). They are about 6 months ahead of the curve in Australia where we are still 40% below pre-COVID levels. bloomberg.com/news/articles/… via @markets
Our joint release with AFSA and Financial Counselling to remind individuals who are in financial distress and their creditors to consider how disputes such as strata debts could be managed in the face of challenging economic circumstances - afsa.gov.au/about-us/newsr…
AFR: ATO’s ticking time bomb of unpaid construction tax bills buff.ly/36rpJ0p
Insolvency expert @ARITAceo says the government's plan would effectively render bankruptcy “pointless”. #auspol #bankruptcy #finance #policy #business buff.ly/3okneD7
The low jobless rate makes it the right time to wind back government handouts. Companies that can’t survive in the pandemic economy will need to make way for those with viable futures afr.com/policy/economy…
ARITA has called on the Government to prioritise a comprehensive Australian Law Reform Commission review of Australia’s personal and corporate insolvency laws as part of the 2022-23 budget lnkd.in/gJsXbJsG
ARITA has again submitted that insolvency practitioners should be provided with free and open access to company registry information to be able to use that data to investigate and report on failed companies to the corporate regulator. lnkd.in/gw_uBDp8
ARITA has identified some concerns with the proposed extension of AAT power to pause or modify small business ATO debt recovery, particularly where the business may be in financial distress. lnkd.in/gVcb9Wms
The govt has today opened a further consultation considering reform the Bankruptcy Act 1966, including one year bankruptcy (again) lnkd.in/gv-cUwik
Searingly accurate "governments seem hell-bent on trying to disappear the business cycle even when some of its volatility is an inherently endogenous part of a capitalist system that tries to punish bad businesses and encourage more productive firms to rise-up in their stead."
Searingly accurate "governments seem hell-bent on trying to disappear the business cycle even when some of its volatility is an inherently endogenous part of a capitalist system that tries to punish bad businesses and encourage more productive firms to rise-up in their stead."
AFR: Corporate law ‘like a Russian doll’ buff.ly/3CNOP3L
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Read it. All of it.
Statement about the Lee Judgement. 🙏
I've been reporting about eSafety powers for so long their office referred to me as "bad Josh"...wild to me now suddenly the reactionaries care about it.
Lol her role was created by and she was appointed by the conservative party in Australia
Here's why experts don't think cloud seeding played a role in Dubai's downpour apnews.com/article/dubai-…
There you go again. Using FACTS, and ANALYSIS, from a REPUTABLE NEWS SOURCE. I much prefer feelings, and things I saw on youtuble, and what the bloke I follow on twitter says. We cookers detest your factoid, truthoid, leftard obsessions!
This will send the cookers berserk: the vaccines saved tens of thousands of lives. smh.com.au/national/nsw/h…
Whatever you think of Woolies, for anyone who understands a little about business this was a stunt by @NickMcKim - the ROE is not an indication of excessive profit. My guess is the Senator doesn't know. Bit of a worry if you're supposed to be Treasury & Economics spokesman.
Today I took on the Woolworths CEO about their huge profits. Australians have been paying too much for the basics of life and it needs to stop now. Only the Greens will take on the supermarket duopoly.
The horrific attacks at Bondi Junction are truly devastating. My heart goes out to those affected by this abhorrent act of violence, and I pray for the recovery of those left injured and traumatised today. You are in the thoughts and prayers of the British people.
I'm so glad someone has finally said it; stop hating on developers, the very people that we need to rely on in order to solve the housing crisis. The problems lie with our broken planning system. smh.com.au/national/hate-…
Attorney-General’s Department announces it will establish a new Lehrmann Division of the Federal Court
Good lord. ‘Defamation’: Ex-producer Taylor Auerbach announces legal action against Bruce Lehrmann news.com.au/national/court… via @newscomauHQ
@Peter_Fitz Zoe's been consistently good x.com/zdaniel/status… Tim, on the other hand ...
The Liberal Party has preselected Tim Wilson for the seat of Goldstein at the next election. It’s a party decision made in what they believe is their best interest. I am proud to be a community-backed Independent, acting in the best interest of my community. I will run again.
@AndrewKirbyGolf Research based or just your bias?
Goldstein and Kooyong were within the top 20 federal seats that supported the Yes proposition at the referendum. But apparently all is forgiven and these voters will come out and vote Liberal. This is akin to Labor trying to win back the Melbourne federal seat. One attempt over…
Thanks to our beautiful friends and family for sharing this very special day with us.
To quote Francis Urquhart from House of Cards: "You might very well think that, but I couldn't possibly comment." 😎
@Kate_McClymont Why do we use the word "Colourful" when we mean crooked?? Just a random question from Cøvid Corner @Kate_McClymont Scrolled passed... Thought I would ask 🙏🏻🙏🏻
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