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ASBFEO pushes advice subsidy ahead of potential insolvency spike

The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has recommended a voucher program of up to $5,000 to enable small businesses to access financial advice ahead of a predicted uptick of insolvencies.

ASBFEO pushes advice subsidy ahead of potential insolvency spike
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ASBFEO pushes advice subsidy ahead of potential insolvency spike

Remarking on the final report from the Insolvency Practices Inquiry, Ms Carnell said the system needs to change dramatically so that small-business owners are given the chance to make important decisions about the future of their business.

Read more at MyBusiness

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