I would not ordinarily post a link to something I had not read, but this is a pandemic! The Commonwealth announced its proposed insolvency law reforms just 2 weeks ago and has now released an exposure draft of the amending legislation together with an explanatory memorandum.
Submissions on the draft are due on Monday, 12 October 2020!!! So get cracking! This makes the road runner look slow.
I will make some further comments in the next day or so once i have read it.