The pressures and stresses of working in insolvency and turnaround.
Did you ever think that working in insolvency or turnaround would come with the physical, mental and psychological challenges that it does? It’s not just about numbers, it’s about managing the emotions, energy and expectations of others. This is not easy, even for those professionally trained in those areas. When I talk with those working in insolvency or turnaround, I hear the stress and pressure they are under, and I see the physical, mental and emotional impact this is having.
May 2023 Economic Update – James Packham
Real Estate expert & Economist James Packham, Managing Director of Harcourts Packham and ABRT Board Member, provides his opinion following the latest interest rate rise.
Construction Industry
Once again, the ABRT is lucky to have expert Stephen Barnes RTP® provide some thoughtful insight, commentary and his professional opinion on this week’s media announcement concerning ASIC statistics – specifically, those in relation the construction industry. The new data shows Australian businesses are failing at the highest rate since before the pandemic began.
Anti-Phoenix Decision
In a report commissioned by the Fair Work Ombudsman in June 2012 titled “Phoenix Activity – Sizing the problem and matching solutions”, the following definition of phoenix activity was developed in consultation with stakeholders
Seven Deadly Sins of Distressed Businesses
Stephen Barnes RTP® is an author & a seasoned Restructuring & Turnaround Practitioner & ABRT advocate.
Private & Confidential?
The value of the words ‘Private and Confidential’ in a legal sense depends on the context in which they are used. Often these words are written on correspondence merely to emphasise that the intended recipient must open the letter, rather than someone else. For example, you may not want a family member or colleague opening a communication from your doctor. In other instances the words can impose a legal duty on you to manage the communication in a particular way.
Small Business and Mental Health – Through the Pandemic
In a follow up to an earlier 2020 report, Small Business and Mental Health: Supporting Small Business when they are Facing Challenges, The Treasury (of the Australian Government) published a report on 12 December 2022.
South Australia ABRT Launch 2022
Headquartered in South Australia, we decided it was perfect timing for a soft launch event for our innovative new professional association. Were delighted that our event was fully sold out!
Leadership Alpha in Private Equity
Leadership is widely acknowledged as the most important internal determinant of a firm’s performance.
This also holds true for Private Equity (PE), where the calibre of portfolio company leadership is cited as the number one reason for deal success1.
Knowing where to hit it’s the key
The CNC machine broke down and caused an impossible bottleneck that threatened the company’s survival. Customers were relying heavily on the timely delivery of supplies.