ARITA – Australian Restructuring Insolvency & Turnaround Association represents professionals who specialise in the fields of restructuring, insolvency and turnaround.
We have close to 2,300 members and subscribers including accountants, lawyers and other professionals with an interest in insolvency and restructuring.
We are a not-for-profit, incorporated professional association run for the benefit of our members.
Around 82% of Registered Liquidators and 86% of Registered Trustees choose to be ARITA members.
ARITA’s ambition is to lead and support appropriate and efficient means to expertly manage financial recovery.
We achieve this by providing innovative training and education, upholding world class ethical and professional standards, partnering with government and promoting the ideals of the profession to the public at large. In 2022, ARITA delivered 82 professional development sessions to over 5,000 attendees.
ARITA promotes best practice and provides a forum for debate on key issues facing the profession.
We also engage in thought leadership and public policy advocacy underpinned by our members’ knowledge and experience. We represented the profession at 14 inquiries, hearings and public policy consultations during 2022.
A brief history
From 1931, the organisation was known as the Bankruptcy Trustees & Liquidators Association (BTLA). There were only seven presidents between 1931 and 1981.
The BTLA was incorporated as the Insolvency Practitioners Association of Australia (IPAA) in 1982.
In 2014, the IPAA became the Australian Restructuring Insolvency and Turnaround Association (ARITA).