What concerns me are the insolvency rule changes. "A business...

  1. 241 Posts.
    What concerns me are the insolvency rule changes.
    "A business owner can build up debts, trade while insolvent without liability, and not respond to claims for up to six months. Unsurprisingly, almost no businesses have gone insolvent under these temporary rules. But they are due to revert on September 24.Suddenly business owners will have to face the reality. Expect to hear the phrase “the well-known retailer/cafe/franchise is entering administration” a lot in October."

    Downside risk dwarfs the upside reward. If nothing else I sleep a lot better with super sitting in cash, even if I am missing out on 3 or 4% short term gains (at best).
 
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