11/05/2026
If you’re a company director, you’ve probably had to make decisions in situations where the full picture isn’t clear.
Cash flow timing. Delayed payments. Balancing competing priorities while trying to keep the business moving.
That’s part of running a company.
Where it becomes more complex is when the business starts to struggle to meet its obligations as they fall due.
At that point, the focus shifts. Not just to the performance of the business, but to the decisions being made by those responsible for it.
That’s where director duties tend to come into sharper focus, particularly under the Corporations Act.
It’s not always obvious in the moment. Most decisions feel reasonable at the time. The issue is how those decisions are viewed later, with the benefit of hindsight.
We’ve unpacked this in more detail in our latest blog, including where the line tends to sit and what directors should be paying attention to.
If you’re running a company or sit on a board, it’s worth understanding before you’re in the middle of it.
You can read the full blog here: www.connectedlegal.com.au/blog/director-duties-australia
Disclaimer: This content is general information only and does not take into account your specific circumstances. It is not legal advice and should not be relied on as such. If this is relevant to you, it’s worth getting advice tailored to your situation.