Assistant Minister for Productivity, Competition, Charities, and Treasury Andrew Leigh has warned that unscrupulous manipulators of Australia’s personal insolvency system have the Albanese government’s full attention and will be brought to book, alongside trade credit laggards.
In a speech to the Australian Financial Security Authority Summit, Leigh warned that risky and frisky outliers would not be allowed to define insolvency and credit culture to the detriment of genuine entrepreneurs willing to take informed risks backed by properly informed investors.
“Every successful market economy rests on…