Quantcast
au iconAU

 

 

Directors may unwittingly be breaking the law

Business leaders may increasingly find themselves falling afoul of the law, with an insolvency specialist warning that a looming credit squeeze could see the volume of such cases increase rapidly.

Directors may unwittingly be breaking the law
smsfadviser logo
Directors may unwittingly be breaking the law

Ginette Muller (pictured), of insolvency firm Jirsch Sutherland, said that the property downturn and banking royal commission are weighing heavily on banks and lenders, which are in turn tightening the screws on borrowers.

Read more at MyBusiness.

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox