ASBFEO pushes advice subsidy ahead of potential insolvency spike
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has recommended a voucher program of up to $5,000 to enable small businesses to access financial advice ahead of a predicted uptick of insolvencies.
Remarking on the final report from the Insolvency Practices Inquiry, Ms Carnell said the system needs to change dramatically so that small-business owners are given the chance to make important decisions about the future of their business.
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