Insolvency Reforms to Help Aussie Small Businesses

Federal Treasurer Josh Frydenberg during a press conference in the Mural Hall at Parliament House on June 11, 2020 in Canberra, Australia Sam Mooy/Getty Images

Small businesses will be protected from needlessly being wound up under changes to be announced by the Morrison government on Sept. 24.

The reforms to be unveiled by Treasurer Josh Frydenberg will cover around three-quarters of businesses subject to insolvencies today.