Australia: Insolvency/Bankruptcy/Re-Structuring

Cryptocurrency held by companies in liquidation is increasingly accessible to insolvency practitioners through blockchain analysis, regulatory frameworks, and legal powers. This article examines how liquidators identify, secure, and recover digital assets, dispelling the myth that crypto remains beyond the reach of traditional insolvency processes.

Under Australia's bankruptcy system, there is no limit on how much income a bankrupt person can earn, though they may be required to make compulsory contributions if their after-tax income exceeds statutory thresholds. This article examines how income contribution calculations work, what thresholds apply based on the number of dependants, and why the system balances creditor interests with maintaining a reasonable standard of living for bankrupt individuals.

A creditor-supported restructuring of Believe Early Learning preserved regional childcare centres in Eaglehawk and Mooroopna, protecting jobs and delivering materially better outcomes than liquidation. The case demonstrates how voluntary administration can address the sector's simultaneous growth in demand and pressure on capacity, while navigating workforce constraints, regulatory obligations, and unsustainable financial structures.