It is estimated illegal phoenix activity costs the Australian economy between $1.8bn and $3.2bn each year. This is no exaggeration and government has made its intentions clear, proposing aggressive new legislative reforms aimed at reducing the impact and burden on the economy.
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Authors:
- Daniel Woodhouse
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Segment:
- Corporate Finance
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Asset type:
- Article
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Topic:
- Business Protection & Risk
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Country:
- Australia
Date published:
- December, 2017