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The Times

Government will reform insolvency system to improve distressed small businesses' survival chances

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra

The Morrison government will make sweeping changes to the insolvency system to improve the chances of saving small businesses hit by the pandemic.

The reforms – which are described as the most significant for three decades – will cover three quarters of businesses currently subject to insolvency, almost all of which have less than 20...

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