Business Restructuring, Turnaround & Insolvency Solutions
Standing with Australian businesses in the moments that matter.
Our business services
Small Business Restructure
Want to manage debt while retaining control of your business? If your company owes less than $1 million, a Small Business Restructure offers a faster, more cost-effective solution.
Liquidation
Winding up your insolvent company for good? Liquidation is a formal process that ensures remaining assets are fairly distributed to creditors. Our experts guide you through every step, providing clear advice and support to help you exit with confidence and compliance.
Creditors’ Voluntary Liquidation
In a CVL, our ASIC-registered liquidators manage the formalities - from convening shareholders to placing the company into liquidation - making the process smoother and less stressful at every stage.
Members' Voluntary Liquidation
Eliminate communication hurdles when dissolving a company through MVL. Allow us to assist by conducting a review, liquidating your company and distributing assets to the relevant parties.
Voluntary Administration
Worried your business may not stay afloat? Voluntary Administration gives you the breathing room to restructure, continue trading, and work towards profitability—while ensuring fair distribution to creditors.
Safe Harbour
Safe Harbour protects directors from insolvent trading claims when following a formal restructuring plan. We act as your restructuring partner, developing a clear strategy to stabilise & strengthen your business.
Receivership
We bring extensive experience in Receivership appointments and acting as Agent for Mortgagees. If you're a funder, secured creditor, or adviser to a financial institution, we’re here to support you.
Why choose Mackay Goodwin?
Innovation
Innovation is in our DNA. We use technology and forward-thinking to find better ways to achieve results. By staying up to date with industry insights, we keep two steps ahead to deliver real value.
Focus
We never take a ‘one size fits all’ approach. Each client has specific needs and goals, so we tailor our plans accordingly. Focused at every moment, we lay the groundwork for continuous success by honing in on the right priorities and outcomes.
Action-oriented
There are no guarantees in business, but reaching goals takes positive action. Proactive and forward-thinking, we anticipate needs, pre-empt issues, and set clients up for the future.
Empathy
We know this can be a difficult time, both personally and professionally. With offices nationwide, we support businesses across Australia, treating every client as more than numbers — with respect and understanding at every step.
Take the first step
Your journey towards financial stability begins with a conversation. Mackay Goodwin is here to support your business through tough times with innovative solutions focused on your success. Acting swiftly is key. Making the right decision in critical moments makes all the difference.
Let's explore how we can transform your financial struggles into opportunities for growth and recovery. Get in touch today.
Director Penalty Notice (DPN)
A Director Penalty Notice is a notice issued by the Australian Tax Office (ATO) notifying the director/s they may be personally liable for the company’s tax debts.
After receiving a DPN, the best point of action is to contact an insolvency expert to resolve your debts.
Business Health Check
A powerful tool to gain valuable insights into your business.
Diagnose areas of improvement and maintenance with actionable, measurable plans to enhance your company’s future.
Book today for your free Business Health Check.
Our People
Ben Skinner
General CounselSydneyWith 20 years of experience in insolvency and restructuring as a private practice lawyer, Ben Skinner has made a rewarding transition to an in-house role at Mackay Goodwin. His deep expertise now supports insolvency practitioners in guiding Australian businesses through financial challenges. Ben’s in-house position allows him to make a greater impact, offering strategic advice and hands-on support to help companies navigate financial adversity and achieve stability.
Domenic Calabretta
Chief Executive Officer & ASIC Registered LiquidatorSydneyAffectionately known as the “venn diagram of insolvency,” Dom has been a two-for-one specialist for over 20 years, as both an accountant and a
lawyer. He’s a registered liquidator and solicitor, with memberships to ARITA and the IPA.
Dom’s extensive knowledge makes him an invaluable resource for navigating complex financial and legal challenges, offering business insights that
can be strategically leveraged.
A true powerhouse, having Dom on your team means tackling even the most intricate hurdles with confidence.
Expertise
Experience
Mackay Goodwin - Chief Executive Officer
- January 2014 - Present
- In 2014, Domenic founded Mackay Goodwin, now with over 40 staff and offices in Sydney, Melbourne and Brisbane.
Hall Chadwick - Partner
- August 2001 - December 2013
- Domenic commenced his insolvency career at Hall Chadwick in 2000.
Education
- Bachelor of Commerce
- Bachelor of Law
Qualifications
- Registered Liquidator
- Registered Solicitor
- ARITA Advanced Certification
Memberships
- ARITA Full member
- NSW Law Society Full member
- Institute of Public Accountants
- Member of the Institute of Public Accountants
- Member of the NSW Law Society
Achievements
- Undertook the Liquidation of Colonial’s global diversified fund having control over $150 millionassets worldwide
- Advisory services to numerous listed entities and large multinationals
- Conducted numerous investigations for misconduct and fraud leading to
successful ASIC enforcement action - Advisory services to the following major financial institutions:
- CBA
- NAB
- Westpac
- BOQ
- Scottish Pacific
Awards
- Australian Financial Review Fast Starters 2016, 2017
- Australian Financial Review Fast 100 2017, 2018, 2019,2020
- Australian Financial Review Top 100 AccountingFirms 2017, 2018, 2019, 2020, 2021, 2022
- 5th highest revenue growth in top 100 AccountingFirm 2018
- Smart Company Top 50 2018
- Financial Times High-Growth Companies Asia-Pacific 2020
- Australia’s highest amount of insolvency appointments since 2019
Andrew Quinn
Director & ASIC Registered LiquidatorBrisbaneAndrew Quinn is a seasoned professional in the insolvency and restructuring industry, serving as a Director at Mackay Goodwin. With a deep understanding of complex financial challenges, Andrew has guided numerous businesses through voluntary administrations, liquidations, and corporate restructurings. His industry experience spans across sectors including construction, hospitality, and professional services, providing him with a diverse skill set to address each client’s unique needs.
Andrew’s strategic approach focuses on achieving the best possible outcomes for all stakeholders while navigating businesses through periods of financial adversity. His commitment to providing tailored solutions ensures that businesses receive the support they need to recover and thrive in challenging times.
Marcus Petrovic
Director & Head of Client StrategySydneyHaving commenced his restructuring and insolvency journey in 2006, Marcus, a Certified Practicing Accountant (CPA), brings a wealth of business restructuring experience to his role as Director & Head of Client Strategy at Mackay Goodwin. His expertise encompasses senior managerial roles across Australia and the UK.
What sets Marcus apart is his “service before self” approach & his extensive experience working outside public practice accounting firms. Marcus has previously held senior managerial roles within commercial enterprises & family run businesses specialising in import/exporting, direct sales, construction, and recruitment. Such experience equips Marcus with a genuine ability to “stand in the shoes” of and relate to his clients whilst integrating best-practice turnaround strategies that align with the regulative and legislative landscape.
This unique perspective enables Marcus to quickly understand and build trust with his clients with the view of delivering financial/debt solutions that benefit all stakeholders. His commitment to integrity, empathy and understanding ensures that every client receives financial guidance and genuine support throughout their journey.
FAQs
Mackay Goodwin offers support to businesses seeking capital or facing financial difficulties. We create strategies tailored to your needs, helping minimise risk, reduce debt levels and restart growth to potentially make your business profitable again.
We have a personal approach to each client, and ensure we meet your needs by:
- Listening to your situation with empathy, before we provide any expert advice.
- We will meet you face-to-face, anywhere in Australia, to discuss your options.
- Regardless of what you need, whether liquidation, administration, restructure, bankruptcy, or additional funding, we can help you.
- Our team of specialists are ready to assist you 24/7.
- We are a national firm with local teams.
If your business is struggling, look out for these signs:
- Unable to meet repayments on time
- Consistent cash flow issues
- Inability to pay creditors on time
- Declining sales or revenue
- Ongoing losses
- Difficulty obtaining financing
- Threats of legal action from creditors
If you notice any of these, it may be time to consider a small business restructure or insolvency assistance. Our team provides expertise to help identify the right decision for your business, helping Australian businesses move forward with confidence.
A receiver focuses on recovering money for a secured creditor, usually by selling specific assets tied to a loan. A liquidator manages the complete shutdown of the company, ensuring assets are sold and funds distributed to all creditors before the business is deregistered.
An insolvency firm helps businesses or individuals who are unable to pay their debts. Their role is to assess the financial situation, provide advice on the available options, and guide clients through formal processes such as liquidation, voluntary administration, receivership, or restructuring. They also act as independent professionals to ensure that creditors’ rights are protected, assets are dealt with properly, and the best possible outcome is achieved for all parties.
If your business is in financial trouble, acting swiftly is crucial. Contact Mackay Goodwin to determine your best option. Our operational and financial expertise ensures you receive the right advice to minimise risk.
We provide support by offering tools and advice to help businesses regain control and realise their potential. Whether it’s a restructure turnaround or insolvency, our team helps Australian businesses stay on track with integrity. Schedule a free consultation today.