Wages are going backwards, loans are in arrears, companies are being kept alive by government support and an exemption from insolvency rules, yet still they are paying out dividends.
Richard Branson is using the new rules to rescue Virgin Atlantic.
EPA
Debt agreements have become the fastest form of personal insolvency in Australia. But in many cases, there are better options available to manage debt.
Banks aren’t sure they will recover their money if SMEs fail.
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South Korean Hanjin Shipping has ships and crews stranded in ports around the world as creditors and customers wait to see if the company can be saved.
Successful rescue of a company is the ideal rather than the reality.
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Clive Palmer denies being a shadow director of Queensland Nickel, but in eyes of the law, it will be his involvement in business decisions that matters.
Cross-bench Senator Nick Xenophon wants the law to change to protect gift card holders when companies collapse.
Gemma Najem/AAP