Insolvency practitioner John Vouris reflects on his 50 years in the industry and the recent boom in insolvency driven by the economy.
Following events such as COVID-19, the Australian economy and small business industry are still trying to regain normal operations, with some SMEs still struggling to reverse the negative impacts.
Hall Chadwick Partner and insolvency practitioner John Vouris said the insolvency continues to see increasing demand for insolvency services as the ATO chases down debts post the global pandemic, which businesses are struggling to pay back.
“In the aftermath of COVID, the tax office wasn’t chasing their debts, and now not only are they…