If your company cannot pay its debts, you face serious personal risk. This guide explains the legal options available to Queensland directors — from restructuring to voluntary administration — and what happens if you do nothing.
When a company goes into liquidation, the question every creditor wants answered is simple: am I going to get paid? The honest answer depends entirely
The EOFY 2026 director’s compliance checklist for Queensland companies. Super guarantee, Payday Super, Director Penalty Notices, insolvent trading risk, AML/CTF Tranche 2, and year-end governance obligations.
Last reviewed and updated: June 2026 A QBCC direction to rectify is one of the most common — and most stressful — enforcement tools the
You believe you are being oppressed as a minority shareholder. The majority has cut you out of decisions, stripped your dividends, diluted your shareholding, or
From 1 July 2026, lawyers become AUSTRAC reporting entities under Australia’s Tranche 2 AML/CTF reforms. If you’re a director or business owner planning to engage a commercial lawyer for a transaction or restructuring, here’s what the change means for you.
Yes — defective building work can cost a Queensland contractor their QBCC licence through directions to rectify, demerit points, show cause notices, and licence cancellation. Here is how the system works and what builders must do to protect their licence.
When a creditor serves a winding up application on your company, the clock starts immediately. You have limited time to act, and the consequences of
A Director ID (DIN) is now a legal requirement for all Australian company directors. This 2026 guide covers who needs one, how to apply, deadlines, penalties for non-compliance, and ASIC enforcement. Boss Lawyers Brisbane.
If your company is insolvent or likely to become insolvent, you may have more options than you think. Small Business Restructuring (SBR) — introduced under
Signed a personal guarantee and your company has gone into liquidation? Understand what creditors can do, what defences you may have, and how to negotiate. Expert advice from Boss Lawyers Brisbane.
When your company is insolvent and restructuring isn’t possible, creditors’ voluntary liquidation (CVL) is often the best path. This guide explains the process, director obligations, and personal liability risks.
