Wave of insolvencies likely in 2021 when emergency company protections end

Fears are rising about a wave of insolvencies in corporate Australia when emergency measures protecting companies end on December 31. 

ASIC chairman James Shipton warned earlier this year there might not be enough administrators and liquidators to deal with companies in distress. 

King & Wood Mallesons head of restructuring and insolvencies Tim Klineberg tells ABC's Peter Ryan that "zombie" companies surviving because of the measures risking dragging down other parts of the economy.

Here's my analysis from RN Breakfast