Phoenix rules have ‘no chance’ of curbing losses

The government’s proposals to restrict phoenix operators have “no chance” of reducing business losses, a specialist lawyer has claimed, just days after the draft laws were made available for public scrutiny.

by | Aug 21, 2018

Phoenix rules have 'no chance' of curbing losses

“The government is cracking down on illegal phoenix activity for the benefit of all the hard-working Australians who are negatively affected by this abhorrent behaviour,” Financial Services and Revenue Minister Kelly O’Dwyer said last week in unveiling the draft laws for public consultation.

Read the full article at My Business.

Share This