Pleas mount for govt to relax insolvency law

Mon, 30 Mar 2020

Australia's already done it, the experts are saying we have to have it, the Institute of Directors has started a petition begging for it, the relevant government department says it's working on it and Finance Minister Grant Robertson has acknowledged "this issue has been raised several times."But half a week into the lockdown to try to stop the spread of the coronavirus, which has abruptly halted trading for many companies, we still don't have it.Because of that, many directors are behaving like deer frozen in the headlights by the coronavirus...

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