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The costly rise in phoenix activity - are you at risk?

The Australian Government recently announced a package of proposed reforms to combat illegal phoenix activity. The proposals aim to target those repeatedly misusing corporate structures and the individuals involved in illegal phoenixing.

In this session, Michael Criss from Equifax will outline the proposed reforms and explain in simple terms what they mean.  He will also discuss the differences between legitimate and illegal phoenix activity and the importance of understanding the credit risk posed by directors of a new business which has been created by directors of a failing or failed company.

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Senior Product Manager for Commercial Originations, Equifax