News & Insights

The taking of pro bono appointments in law but also within accounting is increasingly common. While there are plenty of rewards, there is also conflict, confidentiality, insurance and negligence issues that need proper consideration. So, what factors should professionals consider in accepting and undertaking such appointments?

17TH SEP 2025

In October 2023 there was a review of the NDIS Framework. Since then, there have been reports, sustainability measures, media and a number of failed providers. Wexted believe there will be a fundamental change in the sector and disruption. What is the present landscape, and what are the sustainability objectives for NDIS participants?

17TH SEP 2025

How do partners in growing professional services firms strike the balance between firm reputation and personal brand? In this episode, Hamilton Locke’s Sophie Ulhorn and Andrew Vincent share their experiences in building trust, shaping their own professional narratives, and aligning with their firm’s brand to drive sustainable growth.

16TH SEP 2025

Following our ‘Safe Harbour Edition’ of the Turnaround in August, we outline some of recent instances and sectors where we have assisted with the Safe Harbour Defence and detail our role.

16TH SEP 2025

The recent ‘Keybridge’ Court Decisions highlight the importance of shareholder meetings being properly conducted, the impact of adjournments, and the independence of Administrators. We look at the issues of substance in those decisions.

15TH SEP 2025

Welcome to the first of Wexted's Technical Top Tip Series! We will be examining specific issues related to the general management of insolvency and restructuring assignments. In our years of experience, we have observed, attended, organised and chaired meetings of all shapes and sizes! Here, we consider key learnings associated with chairing a successful meeting.

12TH SEP 2025

Directors or DOCA proponents considering the transfer of shares from a section 444GA application should be realistic about the cost of the exercise, and budget for at a minimum, $500,000 to $750,000 in costs.

12TH SEP 2025

As companies increasingly turn to the Safe Harbour provisions under section 588GA of the Corporations Act 2001, the role of the Appropriately Qualified Entity (AQE) is gaining prominence. One of the issues of contention in the Safe Harbour Panel Review was the identity of the advisors, and their ‘appropriateness’ to undertake that task. What are the range of factors a Board - or their advisors - should consider in seeking an AQE who will be regarded as ‘Appropriate’?

31ST JUL 2025

In this episode of The Turnaround, we sit down with Genevieve Sexton, Chair of the Safe Harbour Review Panel, to explore the evolution of Australia’s Safe Harbour regime. Genevieve shares insights from the 2021 review — from navigating a wide spectrum of submissions to shaping key recommendations and pushing for meaningful reform. We discuss the role of Safe Harbour as a governance tool, the changing mindset of company boards, and whether the law is delivering the impact it promised.

30TH JUL 2025

The manner in which the Safe Harbour Law developed, the associated consultative processes and the ultimate form of the legislation adopted, will be instructive as the reform agenda continues. We revisit some of the enquiries, papers and public work that gave rise to the Safe Harbour we work with today.

30TH JUL 2025

When the Safe Harbour is ultimately tested, what is ‘reasonably likely’ to be a Better Outcome will be subject to significant scrutiny. How much does the AQE need to do, and what is the importance of medium and long-range modelling to ensure going concern and sustainability? What shape does the counterfactual assessment take, and what have our experiences told us is necessary?

30TH JUL 2025

In this article we explore the interplay between the duty to prevent trading an organisation whilst it is insolvent, the protections of the Safe Harbour regime, and Australia’s NFP sector.

29TH JUL 2025

When considering the commencement of a Safe Harbour process, the suspicion of financial distress requires an assessment of the warning signs for insolvency.

29TH JUL 2025

With the rise in Safe Harbour awareness and appointments, there is an increase in Insolvency Practitioners potentially acting Appropriate Qualified Entities and finding ways to subsequently consent to act as voluntary administrators. We unpack that issue.

18TH JUL 2025

Obtaining insolvent trading protection under safe harbour (Section 588GA), prior to a Small Business Restructure is possible, although directors should obtain advice and ensure the plan under safe harbour is reasonable.

18TH JUL 2025

The Small Business Restructuring (SBR) regime is gaining traction and momentum, as confirmed in the latest review by ASIC Report 810: Review of small business restructuring process 2022–24. Following the tepid uptake in the first 18 months from its inception (as outlined in ASIC’s earlier Report 756), this latest review shows the regime is now playing an important and growing role in assisting distressed small businesses.

18TH JUL 2025

We have a number of great new PodCasts under production!! Here is just a sample of the topics you can expect from us during July and August, all of which touch on the links between business and restructuring and topics of relevance to our work and clients.. Stay posted for our new Podcasts, coming in July 2025:

24TH JUN 2025

In our latest Turnaround, Wexted Melbourne Partner Chris Sequeira joined the Accountants Daily podcast Under the Hood to unpack the current insolvency landscape. He discussed emerging trends, sector-specific challenges, and the key indicators of financial distress that businesses—and their advisors—should be watching closely.

24TH JUN 2025

Wexted Advisors is a national restructuring practice, and our wonderful people have worked on a range of interesting matters, in different sectors demonstrating our broad capability and coverage. See some of our recent appointments here:

30TH MAY 2025

Speedbump ahead: In a recent Queensland Case, the Court turned its attention to the terms of a Voluntary Administration funding deed, along with Committee of Inspection formation and representation, showing how the Court can assist in ensuring there is flexibility in difficult, multi stakeholder situations. There are clear and positive messages for Administrators:

30TH MAY 2025