What Is External Administration?

What Is External Administration?

Jun 9, 2026

What Is External Administration? You might have seen the term on an ASIC search or in a letter from a creditor’s lawyer. External administration is one of those terms that sounds more complicated than it is, but it’s important to understand, especially if your...
What Does ‘Strike-Off Action in Progress’ Mean?

What Does ‘Strike-Off Action in Progress’ Mean?

Jan 20, 2026

The Australian Securities and Investments Commission (ASIC) oversees every corporate entity in the country. ASIC maintains a register that all companies and organisations are required to be a part of. Oversight from ASIC ensures that companies and their directors are...
Statutory Demand Notice

Statutory Demand Notice

Jan 20, 2026

If your business is struggling with insolvency, it’s possible that you’ll receive a Statutory Demand Notice from a creditor. Statutory Demand Notices are formal attempts by creditors to recover debts. Receiving a Statutory Demand is a serious matter that can’t be...
What is a Director Penalty Notice

What is a Director Penalty Notice

Jan 21, 2025

Company Directors have a responsibility to ensure the company is paying its taxes on time. The Australian Taxation Office (ATO) enforces this responsibility using Director Penalty Notices (DPNs). If you receive a DPN, it’s important to seek professional advice and...
Comparing Small Business Restructuring and Voluntary Administration

Comparing Small Business Restructuring and Voluntary Administration

Dec 1, 2023

Corporate insolvency law is some of Australia’s most complicated legislation. There are lots of options available, and deciphering the differences can be a challenge. This changed in 2021 when the Australian Government released two new insolvency processes: Small...