Corporate leaders need cultural change on restructuring – Australasian Lawyer

While there has been an increase in Australian companies engaging with turnaround specialists, corporate leaders need to be more open to restructuring, Clayton Utz urges as it released its latest restructuring market report. In the From Red to Black report which looks at the state of the Australian restructuring market in FY16 and predictions for FY17,…

Failure of diving company to pay for crocodile work exacerbated Larrakia Nation debt woes, CEO says – ABC Online

An Aboriginal corporation in Darwin that provides vital frontline services slipped into debt partly because a company supposed to give them hundreds of thousands of dollars to check dive sites for crocodiles never paid, the group’s acting chief executive says. Larrakia Nation Aboriginal Corporation acting chief executive Allan McGill has outlined how the group…