Why reducing bankruptcy to 12 months ignores the realities of insolvency – SmartCompany.com.au

By Jennifer Dickfos, Griffith University and Catherine Brown, Griffith University The proposed federal government changes to insolvency that reduce the bankruptcy period from three years to 12 months need to be questioned. It has been argued the shortened default period will have the desired impact on encouraging entrepreneurial activity and reducing the associated stigma of being…

Baby sling brand Hug-a-Bub collapses into voluntary administration – SmartCompany.com.au

The company behind the popular baby sling brand, Hug-a-Bub, has collapsed into voluntary administration. Hug-a-bub Australia Pty Ltd, which was incorporated in 2001, has temporarily ceased trading and is not currently taking orders, after appointing Brendan Nixon of Stanley Morgan Accountants as voluntary administrator on June 13. The New South Wales-based company, which was founded…