
Hosted by Turnaround Talk · EN

In this episode of Turnaround Talk, we tackle one of themost misunderstood tools in business restructuring: Voluntary Administration. For many business owners, the term“administration” has overwhelmingly negative connotations, including fear,shame and the assumption that it’s “game over”. Media language like “falling into” and “collapsing into” administrationdoes little to shift this narrative. Is it time to think about the voluntary administration processdifferently? Times have changed, theprocess and the restructuring landscape have matured and become moresophisticated over the last 25 years. Voluntary administration can be a useful restructuring tool, and four ofour Principals – Kate Barnet, Neil Cussen, Raj Goyal and Tony Wright - are hereto challenge perceptions. Voluntary administration is an effective legal restructuring tool –it’s proactive crisis management, not a surrender. As a process, it’s designed to preservecorporate value and provide an opportunity to continue, by affording statutoryprotections of the company. It creates acontrolled environment for restructuring, stabilisation and negotiation, withthe purpose of giving company directors time and space to get expert advice andfind a way to survive.

In this special episode of Turnaround Talk, three of our Principals – Kate Foy, Robyn Karam and Kate Barnet – are celebrating International Women’s Day (on 8th March), with this year’s theme of “Balancing the Scales”. This topic is explored through the lens of diversity beyond gender, leadership qualities, finding your voice, and empowering your colleagues. The panel discusses the qualities of kindness, humility and empathy, and their importance in the workplace. They explore the balance between sharing achievements and remaining humble, and reflect on the qualities they’ve learned from colleagues throughout their careers.

In the premiere episode of Turnaround Talk, titled "When the Tide Goes Out", host Kate Foy is joined by experts Paul Curby, Scott McLintock, and Robyn Karam to unpack the hidden, structural, and often underestimated risk of fraud in Australian businesses. Far from being just a back-office anomaly, fraud often stems from organisational culture, leadership blind spots, and economic pressure.The episode explores the fraud triangle—opportunity, motivation, and rationalisation—and how it explains the slow, slippery path from minor infractions to major criminal behaviour. Listeners will hear compelling case studies, from senior executives who bypassed internal controls to forensic discoveries sparked only by a fraudster’s deathbed confession.The panel also highlights early red flags such as a reluctance to take leave, living beyond one’s means, or resisting oversight. They share practical prevention strategies, including whistleblower platforms, data analytics, and the importance of fostering a speak-up culture.This episode is essential listening for board members, senior executives, financial controllers, and public sector leaders across Sydney and New South Wales. Whether you're responsible for risk, compliance, or governance—or simply want to protect your organisation—"When the Tide Goes Out" offers both a sobering reality check and actionable steps to help you stay ahead of fraud before it’s too late.