News

The latest news, updates and member resources.
 Reprimands issued for plagiarised content (14/07/2017) 


 ARITA Templates for member consultation (12/07/2017)  


 Recovery of the ASIC user pays levy (11/07/2017)  


 ARITA / AFSA / ASIC Liaison Meeting - 14 June 2017 (10/07/2017) 


 Court considers failure of registered liquidators to renew registration on time (9/07/2017)  


 Has Australia been wrong ‘footed’ on the concept of a ‘provable debt’? (7/07/2017)  


 ARITA precedent documents coming soon – register your interest (6/07/2017)  


 New version of s 60-20 (post-amendments) and guidance (3/07/2017)  


 ASIC User Pays commences (3/07/2017)  


 Termination of ARITA Membership - Mr Ray Sutcliffe (29/06/2017) 


 Insurance risks for CPA practices (28/06/2017)  


 Administrators’ dismissal of employee held wrongful, but no order made for payment of entitlements (23/06/2017)  


 Court uses slip rule to address ILRA commencement oversight (23/06/2017)  


 ARITA Journal: Financial distress and mental health (21/06/2017) 


 Safe Harbour/Ipso Facto model: Final consultation (21/06/2017) 


 Liquidation remuneration approval post-Sakr Nominees: Further guidance in NSW Court decision (20/06/2017)  


 ILRA s 60-20 issue fixed (19/06/2017)  


 Federal Court follows Re Amerind and Re ICS to deny employees priority out of trust assets (16/06/2017)  


 WA Supreme Court decision on s 553C set-off, contractual set-off and how the PPSA affects mutuality (12/06/2017)  


 Full Federal Court allows s 596A examination of liquidator (9/06/2017)  


 Court decision on preferences and third party payments: Bankruptcy vs corporate provisions (5/06/2017)  


 The Common Reporting Standard - what does it mean for IPs? (2/06/2017)  


 Sakr Nominees: Court decision fixing remuneration (2/06/2017)  


 Reporting illegal acts - new accounting standard (1/06/2017)  


 Reforms to facilitate restructuring introduced (1/06/2017) 


 NSW Court of Appeal considers classes in scheme of arrangement (31/05/2017)  


 AFSA releases new video on untrustworthy advisors (31/05/2017)  


 Trusts issues extend to DOCAs (30/05/2017)  


 Submission: Select Committee on Lending to Primary Production Customers (29/05/2017) 


 Change to the meaning of PPS lease (23/05/2017)  


 Productivity Commission Inquiry – Data Availability and Use (17/05/2017) 


 Government Response to PC Inquiry into Business Set-up, Transfer and Closure (8/05/2017) 


 ASIC industry funding model: Exposure draft regulations released for consultation (8/05/2017) 


 Submission to inquiry into Superannuation Guarantee non-payment (7/05/2017) 


 Report on Superannuation Guarantee non-payment (7/05/2017)  


 Amendments to resolve s 60-20 issue (5/05/2017)  


 Expressions of interest: ARITA Young Professionals Committee (1/05/2017) 


 Administrator independence and 'holding' DOCAs under the microscope: WA Supreme Court decision (27/04/2017)  


 Bankruptcy and liquidation: A guide for people in business (27/04/2017) 


 ARITA / AFSA Liaison Meeting - 24 March 2017 (26/04/2017) 


 Queensland environmental protection legislation trumps liquidators' disclaimer (20/04/2017)  


 Notices of winding up orders: ARITA seeks change to Federal Court (Corporations) Rules (18/04/2017)  


 ARITA Journal: Sakr appeal decision on remuneration & perils of cloud accounting (28/03/2017) 


 Distributing corporate trustee property & circulating security realisations: Victorian Supreme Court (27/03/2017)  


 ILRA: Guide to changes commencing 1 September 2017 (Corporate) (23/03/2017)  


 ILRA's 'split commencement' and new compilations of legislation (21/03/2017)  


 NSW Court of Appeal delivers judgment on liquidator remuneration (Re Sakr) (13/03/2017)  


 Trustee Performance Standards (13/03/2017) 


 Major victory for reasonable and proper liquidator remuneration (10/03/2017) 


 Resignation of Brendan Nixon (10/03/2017) 


 Lodgement of CVL DIRRIs? Not till 1 September (7/03/2017) 


 ARITA's new templates for the ILRA (7/03/2017) 


 The ILRA is here (1/03/2017) 


 ASIC user pays - consultation paper released (23/02/2017) 


 Fixtures and PPSA: NSW Court of Appeal upholds vesting of unperfected security interest (8/02/2017)  


 PPS: NSW Supreme Court rules on consequences of defective financing statement on VA (6/02/2017)  


 Termination of ARITA Membership - Mr Ross McDermott (3/02/2017) 


 Announcing ARITA's National Partners for 2017 (2/02/2017) 


 ARITA achieves new protection for RLs against CoRA provisions (1/02/2017) 


 New remuneration rates for AFSA National Panel of Registered Trustees (31/01/2017) 


 ILRA: ARITA's concerns regarding proposals without meeting (31/01/2017)  


 ARITA's advocacy reflected in Chain of Responsibility Statutory Guideline (30/01/2017)  


 Applications for registration as a liquidator (27/01/2017) 


 ILRA: Guide to changes commencing 1 March 2017 (20/01/2017)  


 ASIC Draft RG - Registration, disciplinary actions and insurance requirements (19/01/2017) 


 ARITA's ILRA Commentary (18/01/2017) 


 Committees of Inspection: ILRA fixes validity issue regarding separate meeting of contributories (18/01/2017)  


 ARITA's Concerns: Insolvency Practice Rules (Corporate) (18/01/2017)  


 ILRA: Eight changes commencing 1 March which are easily overlooked (18/01/2017)  


 Final Insolvency Practice Rules (and related regulations) released (18/01/2017)  


 Final Bankruptcy Rules Released (12/01/2017) 


 ARITA Advanced Certification: top students 2016 (22/12/2016) 


 FEG Deed Poll Amended (21/12/2016) 


 Final Insolvency Practice Rules (and related regulations) released (19/12/2016) 


 ASIC user pays proposals - ARITA's position (13/12/2016)  


 Leave to proceed with action against company in liquidation refused, despite insurance policy (13/12/2016)  


 ARITA Journal: Ethics and professionalism (6/12/2016) 


 FEG Deed Poll & Questionnaires (24/11/2016) 


 Queensland 'Chain of Responsibility' guideline released for public consultation (16/11/2016)  


 Insolvency Practice Rules - ARITA submission (14/11/2016)  


 ARITA comments on the draft Insolvency Practice Rules 2016 (14/11/2016) 


 Treasury releases ASIC user-pays model (9/11/2016) 


 AFSA Practitioner Inspections (8/11/2016) 


 Clarification on the use of indemnities (24/10/2016) 


 Insolvency Practice Rules released for consultation (12/10/2016) 


 Voluntary administrators resign following independence concerns (6/10/2016) 


 Latest NSW decision on liquidator remuneration provides further guidance (15/09/2016)  


 Referral of offences to ASFA by trustees (14/09/2016) 


 The risk of indemnities from related parties (12/09/2016) 


 Remuneration Payments from FEG (5/09/2016) 


 AFSA Online Lodgements (5/09/2016) 


 Beware insolvency leads for sale (1/09/2016) 


 IPs get more time to prepare for Insolvency Law Reform Act (29/08/2016) 


 ATO Garnishee Notices in VAs (29/08/2016) 


 Therapeutic Goods Regulation - Change or transfer of 'sponsor' (9/08/2016) 


 AFSA reviews non-professional expenses charged by practitioners (7/08/2016) 


 Discretionary Suspension of ARITA Membership - Randall Joubert (27/07/2016) 


 The end of the role of Official Liquidators (27/07/2016) 


 Updated Creditor Information Sheet - Offences (4/07/2016) 


 Search fees - NSW Sheriff (4/07/2016)  


 Senate inquiry into causes and consequences of the collapse of listed retailers in (21/06/2016) 


 Senate inquiry into white-collar crime (21/06/2016) 


 Improving bankruptcy and insolvency laws Proposals Paper (14/06/2016) 


 UK insolvency reforms proposed (26/05/2016) 


 How the interaction between bankruptcy and family law is applied (24/05/2016)  


 Court allows increase in remuneration claim (23/05/2016)  


 Corporate transparency - reform recommendations (20/05/2016)  


 Notifying Dick Smith's 7,300 creditors (19/05/2016)  


 A bankrupt mother left out of her son's will (19/05/2016)  


 Pay-roll Tax - WA (19/05/2016)  


 Care needed in accepting VA appointments (16/05/2016)  


 Special Olympics Sports Lunches (3/05/2016) 


 Selling a litigation claim, and s 447(2B) (2/05/2016)  


 ASIC and AFSA lodgments: ILRA 2016 (2/05/2016)  


 Lodgments - ASIC, AFSA and the Insolvency Law Reform Act 2016 (1/05/2016)  


 Insolvency Law Reform Act (ILRA) 2016 Training (27/04/2016) 


 Sons of Gwalia revisited (26/04/2016)  


 An inadvertent conflict - s 449C - ILRA 2016 (20/04/2016)  


 Challenges to appointments of liquidators (15/04/2016)  


 Bankruptcy does not release debts incurred by fraud (8/04/2016)  


 UK wrongful trading comparison (7/04/2016)  


 PPSA - Part IX and Part X debtors (6/04/2016)  


 Protection of offence referrals - the impact of the ILRA 2016 (4/04/2016)  


 The limits of the Fair Entitlements Guarantee (3/04/2016)  


 New Bankruptcy Court Rules, and impact of the Insolvency Law Reform Act 2016 (2/04/2016)  


 The external administration of trustee companies (24/03/2016)  


 Open access to data - Productivity Commission Issues Paper (23/03/2016)  


 NSW Supreme Court - Commercial Equity Seminars - 26 April and 5 May 2016 (23/03/2016)  


 Excluded Employees - when is a spouse or relative not excluded (17/03/2016) 


 Excluded Employees - when is a spouse or relative not excluded? (16/03/2016)  


 Bitter harvest - failed investments in agribusiness - Senate Committee Report (11/03/2016) 


 A dysfunctional company wound up - Sino Australia Oil and Gas (7/03/2016)  


 Conflict resolved - ARITA Code applied (6/03/2016)  


 ISWG 2016 - Calls for expressions of interest (17/02/2016) 


 Insolvency Law Reform Bill 2015 passes the House (11/02/2016) 


 Insolvency Law Reform Act 2016 - Read all about it (3/02/2016) 


 Insolvency Law Reform Bill 2015 (18/01/2016)  


 Bankruptcy trustees - AFSA's latest Personal Insolvency Regulator newsletter (17/01/2016)  


 ARITA offers training via new electronic classrooms (12/01/2016) 


 Charging for internal meeting rooms (11/01/2016)  


 Inquiry into penalties for white collar crime (7/01/2016) 


 The need to respond to ATO demands (5/01/2016) 


 Practitioner compliance with ATO demands (4/01/2016)  


 Proportionate remuneration allowed by SA Supreme Court (2/01/2016)  


 An inadvertent conflict (2/01/2016)  


 A bankrupt executor (14/12/2015)  


 PPSR business guide - 'Are you in Business?' (14/12/2015)  


 Vesting of a bankrupt's shareholding; independence (12/12/2015)  


 Section 588FA(2) - Tap Inn overturned - uncertainty continues (10/12/2015)  


 Enforcing a section 530B notice against a lawyer (8/12/2015)  


 Winding up a solvent company - Planet Platinum (8/12/2015)  


 Lawyers' conduct of insolvency litigation (15/11/2015)  


 Issues concerning the practitioner's independence (4/11/2015)  


 ATO updates PAYG Withholding variation (30/09/2015)  


 Changes to Australia Post delivery times (29/07/2015)  


 Remuneration - proportionality, and public interest investigations (14/07/2015)  


 NEW tax guidance tool for insolvency practitioners (13/07/2015)  


 PAYG Withholding rates for payments by external administrators (13/07/2015)  


 ARITA and AFSA release Creditor Information Sheet (10/07/2015)  


 PAYG withholding payment summary annual reports - obligations for Insolvency Practitioners (7/07/2015)  


 Response to Productivity Commission draft report on Business Set-Up, Transfer & Closure (6/07/2015) 


 Liquidators must comply with ATO demand notices (3/07/2015)  


 Fair Entitlements Guarantee Recovery Programme (1/07/2015)  


 Fair Entitlements Guarantee - Change to Business Process (30/06/2015)  


 A modest remuneration claim of a liquidator approved in full (30/06/2015)  


 DRAFT ARITA Practice Statement: Insolvency 1 - Minimum Investigation Standards (30/06/2015)  


 Employers' threats of their own insolvency (29/06/2015)  


 Parliamentary inquiry into bank practices (5/06/2015) 


 ASIC releases updated financial reporting relief guidance (4/06/2015)  


 Up front payments, and preferences (4/06/2015)  


 'Australia's' peak indebtedness rule is rejected by the New Zealand Court of Appeal (7/05/2015)  


 Octaviar - lack of funding leads to settlement (6/05/2015)  


 ARITA minimum investigation practice statement (30/04/2015)  


 ASIC's Administration of Enforceable Undertakings - Audit Report tabled (22/04/2015) 


 ASIC's Administration of Enforceable Undertakings - Audit Report tabled (22/04/2015) 


 Challenge to the remuneration of a liquidator (22/04/2015)  


 'Very experienced' Australian liquidators appointed to assist UK administrators (21/04/2015)  


 Regulator's report on practitioner conduct (18/04/2015)  


 A successful insolvent trading claim - now on appeal; s 553C; and due dates for tax debts (13/04/2015)  


 Update regarding the Fair Entitlements Guarantee Scheme (1/04/2015)  


 Bankrupts should neither save nor spend (14/03/2015)  


 Professional Indemnity Insurance requirements for Trustees (12/03/2015)  


 Co-op bookshop surplus goes to disadvantaged students (11/03/2015)  


 Voidable transactions - the High Court says yes and no (11/03/2015)  


 Submission to inquiry into Business Set-up, Transfer and Closure (2/03/2015)  


 Productivity Commission inquiry into Business Set-up, Transfer and Closure (2/03/2015) 


 ASIC updates to EX01 (19/01/2015)  


 Refunding credits from pre-sequestration income years to a trustee (19/01/2015)  


 Challenge to receivers' remuneration - hearing deferred (15/01/2015)  


 Building and construction insolvency - some recent deveopments (6/01/2015)  


 New Franchising Code - some insolvency issues (2/01/2015)  


 Code FAQ: Payment for pre-appointment work of Controllers (3rd edition) (25/11/2014)