The Morrison government will place a moratorium on insolvent trading laws to help businesses manage the sudden economic shock of the coronavirus and stall an expected avalanche of business failures.
Key measures will include temporarily increasing the threshold at which creditors can issue a demand on a company and/or initiate bankruptcy proceedings.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
