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Researcher calls for overhaul of Australia’s insolvency frameworks

Dr Amanda Bull, a legal scholar at the Queensland University of Technology who recently completed a PhD examining Australia’s small business restructuring (SBR) regime, says Australia’s insolvency frameworks require an overhaul. Speaking to Accountants Daily, she said Australia’s personal and business insolvency frameworks interfaced poorly, leading to worse outcomes for business owners and the broader…

Net Savings: Bespoke debt support for Cornish fishermen

A pioneering government-funded collaboration, Net Savings, has been launched in Cornwall to address the financial instability, fluctuating income and social isolation faced by many fishermen and their families. The initiative sees Citizens Advice Cornwall team up with the Cornwall Rural Community Charity to provide tailored budget management and debt support right on the quayside, with…