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Aus announces major overhaul of insolvency rules
TIWN
Aus announces major overhaul of insolvency rules
PHOTO : TIWN

Canberra, Sep 24 (TIWN) The Australian government on Thursday announced a major overhaul of insolvency rules to help small businesses struggling due to the coronavirus pandemic.

Treasurer Josh Frydenberg announced a new two-tiered system, saying it would allow viable businesses to survive the recession caused by the pandemic, reports Xinhua news agency.

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