Clive Palmer (Fairfax, Palmer United Party) Share this | Hansard source

My question is to the Treasurer. With 556 companies being wound up in May by the Australian government—77 per cent of all wind-ups in Australia and twice as many as in July 2014—why has the government dropped the threshold level for wind-ups from $300,000 to $30,000? Does the government really support small business? Why not adopt a chapter 11 system to keep Australians employed and businesses going?

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