# Australian Safe Harbour > Safe Harbour is a provision under Section 588GA of the Corporations Act 2001 (Cth) that lets a director of an Australian company keep trading while there are concerns about solvency, provided they are taking a course of action reasonably likely to lead to a better outcome for the company. This site explains how that works and how Your Business Angels delivers it as a practical system rather than a legal document. Operator: Your Business Angels (with its accounting firm Fresh Numbers), nearly 50 people, 31 years working with Australian businesses under pressure (since 1995). Founder: Gavin Waring, CEO & Founder. Country: Australia. Language: English (en-AU). Phone: 1300 982 559. ## Key facts - Safe Harbour begins at the trigger point: when a director first suspects the company may be, or may become, insolvent. - Protection is not automatic and is not granted by a document. It arises from a real, ongoing course of action that can be evidenced. - The standard is "reasonably likely to lead to a better outcome for the company" — not a guarantee of success, and not judged with hindsight. - Protection covers only debts incurred in connection with that course of action. - The Safe Harbour period ends if the plan stops, becomes unviable, or the company enters administration or liquidation. - Your Business Angels provides financial visibility, structure, reporting and evidence. It does not provide legal advice and does not determine legal entitlement to Safe Harbour — that is a matter for the courts. ## Start here The entry point to Safe Harbour and to working with Your Business Angels. - [Home](https://australiansafeharbour.com.au/): Safe Harbour explained: keep trading while you fix the business, under the Corporations Act 2001 (Cth). - [Get Started](https://australiansafeharbour.com.au/get-started): Talk to us — tell us what is happening and we will help establish the financial truth. - [Where Do I Start](https://australiansafeharbour.com.au/get-started/where-do-i-start): How we start: we listen, then establish the financial position of the business. - [Next Steps](https://australiansafeharbour.com.au/get-started/next-steps): What happens after the test — stability, complexity, what is working, and a proposal based on your actual position. ## About Safe Harbour How the law works, what it requires of a director, and when protection starts and stops. - [About Safe Harbour](https://australiansafeharbour.com.au/about-safe-harbour): Overview of how Safe Harbour works and how it applies to Australian businesses under financial pressure. - [What is Safe Harbour](https://australiansafeharbour.com.au/about-safe-harbour/what-is-safe-harbour): Safe Harbour in practical terms — Section 588GA, what the law expects, and how it becomes a system rather than a document. - [The Legal Framework](https://australiansafeharbour.com.au/about-safe-harbour/legal-framework): Insolvent trading, director liability, and why Safe Harbour was introduced into the Corporations Act 2001 (Cth). - [What the Law Requires](https://australiansafeharbour.com.au/about-safe-harbour/what-the-law-requires): Trigger point, course of action, better outcome, connection to debts, time window, and the evidential burden. - [The Trigger Point](https://australiansafeharbour.com.au/about-safe-harbour/trigger-point): Safe Harbour begins when a director first suspects insolvency — usually a feeling, not a letter. - [Time Window & Evidence](https://australiansafeharbour.com.au/about-safe-harbour/time-window-and-evidence): Protection lasts only while the course of action is live — and only as far as it can be evidenced. - [Better Outcome Test](https://australiansafeharbour.com.au/about-safe-harbour/better-outcome-test): What "reasonably likely to lead to a better outcome" actually means, and why it is not a test of success. - [Connection to Debts](https://australiansafeharbour.com.au/about-safe-harbour/connection-to-debts): Safe Harbour covers debts incurred as part of the plan — purposeful action, not activity. ## How we work The practical work: establish the truth, build the course of action, measure and correct. - [How We Work](https://australiansafeharbour.com.au/what-we-do): Establish the truth, build the course of action, then measure, challenge and correct — continuously. - [Our Approach](https://australiansafeharbour.com.au/what-we-do/our-approach): Safe Harbour as an operating system: system, discipline, structure, and regular review. ## Industries The businesses we work with, where financial pressure comes from, and how it builds. - [Businesses We Commonly Work With](https://australiansafeharbour.com.au/who-this-is-for): Owner-managed Australian SMEs across construction, manufacturing, transport, hospitality, retail and services. - [Where Financial Pressure Comes From](https://australiansafeharbour.com.au/who-this-is-for/industry-risk-breakdown): How money moves through each type of business — and why the cause is rarely just that sales are down. - [Patterns of Financial Pressure](https://australiansafeharbour.com.au/who-this-is-for/pattern-of-decline): Cash tightens, the ATO starts funding the business, creditors stretch, and finance fills the gap. ## Why Your Business Angels Who delivers the program, and why it is more accessible than traditional Safe Harbour. - [Why Your Business Angels](https://australiansafeharbour.com.au/why-your-business-angels): Working with Australian businesses in financial difficulty since 1995 — 31 years, and a team of nearly 50. - [A Letter from the Founder](https://australiansafeharbour.com.au/why-your-business-angels/founder-letter): Gavin Waring, CEO and Founder, on why a business under pressure needs the truth before another opinion. - [A Product of Your Business Angels](https://australiansafeharbour.com.au/why-your-business-angels/product-of-yba): Built from both sides of the problem — accounting truth and decades of business reconstruction. - [Why This Level of Support Is More Accessible](https://australiansafeharbour.com.au/why-your-business-angels/financially-accessible): Experience, purpose-built systems, AI-supported analysis and a team delivery model. ## Answers & boundaries Direct answers to the questions directors actually ask, and the limits of our role. - [Questions & Answers](https://australiansafeharbour.com.au/questions-and-answers): Safe Harbour, timing, cost, accountants and records, the ATO, personal risk, and how the process works. - [Our Boundaries](https://australiansafeharbour.com.au/our-boundaries): We support directors in building and evidencing a course of action — we do not determine legal entitlement. ## Utility - [Sitemap](https://australiansafeharbour.com.au/sitemap): Every page on this site, grouped. - [Privacy Policy](https://australiansafeharbour.com.au/privacy): How we collect, use and protect personal information. - [Terms of Use](https://australiansafeharbour.com.au/terms): Terms governing your use of this website. ## Full content - [llms-full.txt](https://australiansafeharbour.com.au/llms-full.txt): every page on this site with its summary, in one file.