Category: News

Breaking Barriers: Olvera’s Commitment to Gender Equity in Insolvency

Insolvency, like many industries in Australia, has long been a male-dominated one, with women facing a significant lack of representation. Whether it’s seeking employment or being placed in leadership roles, the chances of women being successful as restructuring practitioners are lesser compared to their male counterparts.   At Olvera Advisors, we recognise that diversity is more […]

Olvera Advisors Begins 9-Day Fortnight For Employees

Following a successful trial period, Olvera Advisors has made a transition into a 9-Day Fortnight for staff. Olvera commenced a trial of the 9-day fortnight on 1 January 2024 after overwhelming support from team members. The principals at Olvera also noticed an uptick in the general happiness and well-being of the team, together with a […]

Corporate Insolvencies Reach Highest Levels in a Decade: Our Outlook for 2024

The number of corporate insolvencies has spiked to a monthly high since 2015 as more companies file for voluntary administration.   Latest data from ASIC shows that 967 companies filed for insolvency in February 2024, recording a 40% jump in insolvency cases since February 2023. This is the highest number of insolvencies since October 2015, as […]

Armaguard and the Future of Cash in Australia 

Armaguard and Australia’s cash future remains uncertain as the cash transit business grapples with staying afloat.     The monopoly owned by billionaire businessman Lindsay Fox has requested industry support at a meeting in October 2023. In the meeting initiated by Reserve Bank governor Michele Bullock, Armaguard told bank representatives, the RBA, and treasury officials that it […]

Number of New House Builds Drops: Effects on the Construction Industry  

The rising cost of materials and mortgages has impacted the building of new homes, causing a decrease in new home construction.   According to the Australian Bureau of Statistics (ABS), the seasonally adjusted estimate for approved dwellings fell by 9.5% in December 2023 after a 0.3% rise in November.  Looking at the approvals for total dwelling […]

BHP’s Nickel West Possible Closure: Possible Impacts on Mining Businesses

July 2024 update: In a statement, BHP has since suspended its Western Australian Nickel operations until February 2027. This includes its Nickel West operations and the West Musgrave project.   Citing a mineral oversupply in the global nickel market and falling nickel prices, the company states that this will be a temporary suspension. During the period, […]

Forging New Frontiers: Olvera Advisors Leads the Way in Restructuring and Insolvency

We have an amazing announcement to make that puts Olvera Advisors at the forefront of Australia’s restructuring and insolvency industry. We are thrilled to share this occasion with you, as we redefine the landscape and set the bar even higher for Australia’s insolvency and restructuring sector. Since our establishment in 2020, Olvera Advisors has grown […]

Olvera’s 5 tips to building business resilience

How to build Resilience in Businesses? Building Resilience enables businesses to better deal with unexpected challenging situations. At Olvera, we are passionate about setting clients up to be the best they can be and making sure business challenges are no more than a bump in the road to success. So here are 5 things we tell […]

New Boutique Advisory Firm To Help Businesses Transition to post-COVID Conditions

Put your Business in the Best Position The COVID pandemic has forced businesses large and small to navigate the twin challenges of dealing with the crisis while also trying to identify their function in the market when conditions recover. Nobody can be sure what the new normal will look like so it is vital to […]

Kate Barnet named chair of ARITA’S Balance Taskforce Committee

Working towards a more inclusive & diverse profession When presenting his presidential agenda in the June 2019 edition of the Journal, Scott Atkins stated that diversity was one of his three priorities. ‘Our cultural homogeneity is misaligned with current trends and future projections; increasing our cultural diversity will open up new and vibrant business opportunities […]