Oracle Insolvency Services

31/10/2025

Yesterday, Oracle Insolvency Services proudly hosted our annual Accounting Symposium — a half-day luncheon at the stunning U City Function Centre, filled with insights, ideas, and inspiring conversations.
A big thank you to our engaging and insightful speakers:
Jackson Jury (Cowell Clarke) unpacked Depreciating Assets: Transactional Tips & Traps
Peter de Cure AM (Chair, Tax Practitioners Board) – shared a Regulator’s Perspective
Marielle Delgado (ATO) – offered a fascinating look into the tax department’s current approach
Leonie Tillman – inspired us all with her session on Communicating with Influence in High Stakes Conversations
Our Oracle Insolvency Services Partners also presented a snapshot of recent case files, providing practical insights from the field.
A special shoutout to our fantastic sponsors — Angas Securities and Manheim Industrial — and their wonderful representatives, Sally Katherine and Gavin Dempsey, for helping make the day possible.
Here’s to another year of learning, collaboration, and great conversations across the accounting and insolvency community! 🙌

03/10/2025

A big congratulations to our Partner, Yulia Petrenko, who has been recognised in the news recently as one of Australia’s leading insolvency experts!
Yulia’s dedication and expertise are making a real difference for businesses across the country as they face tough financial challenges. We’re so proud to see her work highlighted on the national stage.
You can read the full article here (subscription may be required)

https://www.adelaidenow.com.au/business/sa-business/revealed-australias-top-liquidators-amid-record-company-collapses/news-story/05d36bf27754ea071c24a14c1cdc283c

For more information on the other services we offer, please contact us:


tel: 1300 391 330
email: info@oracleis.com.au
web: www.oracleis.com.au

03/10/2025

A big congratulations to our Partner, Yulia Petrenko , who has been recognised in the news recently as one of Australia’s leading insolvency experts!
Yulia’s dedication and expertise are making a real difference for businesses across the country as they face tough financial challenges. We’re so proud to see her work highlighted on the national stage.
You can read the full article here (subscription may be required)

https://www.adelaidenow.com.au/business/sa-business/revealed-australias-top-liquidators-amid-record-company-collapses/news-story/05d36bf27754ea071c24a14c1cdc283c

For more information on the other services we offer, please contact us:
Oracle Insolvency Services
tel: 1300 391 330
email: info@oracleis.com.au
web: www.oracleis.com.au

A record number of Australian businesses hit the wall last financial year, and the nation’s leading liquidators are riding the wave of corporate collapses, with the busiest practitioners picking up dozens of new insolvency cases each month.

22/09/2025

🚀 Part X Accepted – Bankruptcy Avoided!

Big wins don’t always come with flashing lights — sometimes they’re about helping someone hit reset and get their future back on track.

We recently assisted an individual who had a tiling contractor business in Sydney. He faced serious financial challenges after a major builder collapsed, leaving him with crippling bad debts. With mounting pressure from suppliers and the ATO, bankruptcy seemed inevitable.

But here’s the twist: with the right guidance, a Personal Insolvency Agreement (PIA) under Part X of the Bankruptcy Act gave him another path forward.
💡 Instead of bankruptcy, he worked with us to craft a proposal that creditors (including the ATO) unanimously accepted. His family backed him with financial support, allowing him to put forward a lump-sum offer. Creditors walked away with around 10 cents in the dollar — far better than the zero they’d receive in a bankruptcy scenario.
The outcome?

👉 No bankruptcy.
👉 Creditors satisfied.
👉 A chance to rebuild, stronger and smarter.

What makes this powerful is not just the financial result, but the confidence it restores. Our client now has the breathing room to focus on running his business the right way — with proper systems, advisers, and a stronger mindset.
This case is a reminder that insolvency doesn’t have to mean the end. With the right timing, advice, and strategy, it can be the beginning of a fresh chapter.

🔗 Curious about PIAs and how they can turn things around? Reach out — we’re here to help.

Oracle Insolvency Services
tel: 1300 391 330
email: info@oracleis.com.au
web: www.oracleis.com.au

We offer all forms of personal and corporate insolvency and forensic accounting services.

17/07/2025

Promotions & New Faces at Oracle Insolvency Services!

We're excited to share some fantastic team news as we continue to grow and strengthen our firm.

Congratulations to Parmeet Singh Bindra on his promotion to Associate Manager!
Parmeet joined Oracle in 2021 and has consistently shown dedication, leadership, and technical excellence. He holds a Master’s degree in Accountancy and Finance and recently completed his CAANZ certification — a tremendous milestone. Well done, Parmeet!

Welcome to our new Insolvency Analysts – Dhruvi Patel and Carla Alberto

Dhruvi holds a Master’s degree in Commerce and brings solid experience in financial management, bookkeeping, auditing, and taxation. She’ll be supporting both corporate and personal insolvency matters.

Carla joins us with a Master of Professional Accounting and over 14 years of experience in finance and accounting, including leadership roles both in Australia and overseas. Her depth of expertise in financial analysis and compliance will be a great asset to the team.

A warm welcome also to Bianca Uang, our new Assistant Analyst / Administrative Assistant.
Bianca brings over a decade of corporate administrative experience, with a background supporting cross-functional teams in the Philippines and Australia. She’s highly organised, proactive, and the friendly face you'll meet when you next visit our office.

We’re proud to support career progression and excited to welcome new talent who align with our values and commitment to excellence.