Releasing #COVID19 strategy, Mr Shipton tells ABC's Peter Ryan that not all businesses and borrowers will survive the "cliff" and warns there might not be enough liquidators to deal with corporate collapses.
Thursday, June 11, 2020
ASIC chairman James Shipton warns on September "cliff" as JobKeeper, loan deferrals unwind
ASIC chairman James Shipton warns the financial system faces enormous pressure when emergency measures of JobKeeper & loan repayment holidays unwind in September.
Releasing #COVID19 strategy, Mr Shipton tells ABC's Peter Ryan that not all businesses and borrowers will survive the "cliff" and warns there might not be enough liquidators to deal with corporate collapses.
Releasing #COVID19 strategy, Mr Shipton tells ABC's Peter Ryan that not all businesses and borrowers will survive the "cliff" and warns there might not be enough liquidators to deal with corporate collapses.
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