Brunei
Cambodia
Indonesia
Laos
Malaysia
Myanmar (Burma)
Philippines
Singapore
Thailand
Timor-Leste (East Timor)
Vietnam
Australia
New Zealand
Fiji
Marshall Islands
Micronesia
Nauru
Palau
Papua New Guinea
Samoa
Solomon Islands
Timor Leste
Tonga
Tuvalu
Vanuatu
When should I consider voluntary administration over an informal restructure?
Voluntary Administration Process The Voluntary Administration process is set out in Part 5.3A of the Corporations Act and is a formal mechanism to allow for an insolvent company to be restructured to ensure its survivability, or if it is not possible for the company to continue to exist, this process would allow for a better […]
Celebrating International Women’s Day
Women’s International Day Theme This years international day theme is “Choose to Challenge”. This theme highlights the importance of challenging biases and inequality, as well as celebrating women’s achievements – something that we at Olly are very passionate about. In honour of international women’s day – or frankly, any time of the year – we […]
The Chair and CEO Relationship
Benefits of CEO-Chair Relationship The CEO-Chair dynamic is one of the biggest challenges that a Board can face. When the dynamic works the company excels, when it fails the negative consequences for shareholders are substantial. In the best case, the CEO manages and the Chair oversees management. When the CEO-chair relationship is strong, the company […]
6 things Small Business needs to know about Simplified Restructuring
So what are the 6 things Small Business needs to know about Simplified Restructuring? The best thing about small business restructuring is it gives you breathing space and gets creditors off your back for a short period of time to allow you to focus on coming up with a plan. You have 20 business days […]
The Restaurant Renaissance
Challenges in Hospitality Sector Even before the coronavirus, hospitality was a sector in crisis. Skyrocketing rents, fierce competition, and stagnant prices had reduced already tight margins to the barest of slivers; the average pre-pandemic profit margin for cafes and restaurants in Australia was 4.2%. Two decades ago it was 15%. Then the lockdowns came Then […]
You don’t know, what you don’t know, but should you know?
Freedom Foods Centro and now Freedom Foods – the first companies that come to mind in a litany of accounting scandals that happened under the noses of their boards and have taken the corporate scalps of more than a few chairman and sent their companies spiraling into insolvency. In the last few days, Freedom Foods […]
Farewell to the Cinema?
Overview- Cinema Industry You have to feel sorry for the cinema. Having survived the arrival of cable, VHS, DVD, digital piracy, and the streaming revolution, it could instead be a once-in-a-century pandemic that finally marks the end of the neighborhood multiplex. Yet far from being an unpredictable “black swan” event, the coronavirus has simply accelerated […]
Resolving board room challenges and the issues of Independence & governance
Major Shareholder Control At the outset I will indicate my bias in favor of controlling shareholders, in my view, their interests are aligned with the long term objectives of the company, the issue is how that control is managed to maximize those benefits. Families and founders are the constants of business. They create new ideas […]
Operational & financial transformation
Optimise the potential of your business A key indicator of a successful business is its ability to maintain a strong balance sheet and forward outlook despite the day to day fluctuations in short term profits – “maintaining the underlying value”. A turnaround that can focus on increasing underlying value over the long-term enables the true […]
A Practical Guide To Voluntary Administration Process For Creditors
Insolvency in Business The next two years will represent one of the most challenging times for Australian businesses. We need to consider a different approach to dealing with customer insolvency in a way that preserves or grows our own business. In short, it costs five times more to acquire a new customer than to retain […]
