RSM Australia

Our People

David Mutton
Principal - Melbourne

Biography

David is a Principal of the Restructuring & Recovery Division in Melbourne and a registered company liquidator.

He has over nine years’ experience advising businesses, financiers and government bodies, with a focus on the provision of practical and commercial solutions which enable his clients to overcome the specific business issues that they have been exposed to.

Solutions DAVID PROVIDES

David can provide a wide range of corporate recovery solutions, be it as an informal, scope specific engagement, or in the form of an external administration as governed by the Corporations Act.

His specialties include financial viability assessments and solvency reviews, official and voluntary liquidation, receivership and other controllerships, voluntary administration, as well as investigative accountant and forensic roles.

Significant projects

  • Victorian Registration and Qualifications Authority (VRQA)
    • Provides financial monitoring / viability assessments of registered training organisations and other education providers that are registered with the VRQA
  •  Knee Transport Pty Ltd (OL)
    • Litigation leading to recovery of phoenix transactions undertaken prior to the liquidator’s appointment
  • Royal Taxis Pty Ltd (CVL)
    • Orchestrated the sale of a large taxi fleet, financed by multiple secured creditors
  • Viking Group
    • Supervised the execution of search and seizure warrants resulting the partial recovery of 500+ missing items of plant and equipment including trucks, trailers, exotic vehicles and other machinery

Professional associations

  • Member, Chartered Accountants Australia and New Zealand
  • Member, Australian Restructuring Insolvency & Turnaround Association

Registrations

  • Registered company liquidator

Qualifications

  • Bachelor of Commerce (Monash University)
  • Bachelor of Economics (Monash University)
News articles

ASIC keeps eagle eye on professional advisers

23 August 2016
The Australian Securities and Investment Commission (ASIC) has demonstrated a continued commitment to investigating and prosecuting professional advisers who aid in breaches of director duties, or who are involved in phoenix activity. Most recently, this has been shown in court action brought by ASIC against the proprietor of a small business advis...
Publications

How to avoid debt collection with smart business practices

24 October 2019
Hindsight can be wonderful in most areas of life, but not when it comes to being owed money by a person or business. When you find yourself in a sticky situation with a debtor, it’s not fun to have to look back and wonder, “How could we have avoided this?” Regardless of whether you’re owed $500 or $50,000, the process of chasing overdue ...

Debt Collection 101: from a letter of demand to legal action

8 October 2019
No one likes to be owed money, but when you’re a business owner and have outlaid time and money for products or services that have gone unpaid, it can be particularly infuriating. As financial specialists, our restructuring and recovery team understands all too well the pain and frustration unpaid debts can cause. And whether you’re owed ...

Tips to avoid failure for small business - Part 1

6 October 2017
Small business owners take note! At RSM, we have seen many businesses with cash flow problems or debt recovery issues successfully turned around as a result of early action on the part of directors and business owners.   Unfortunately, business failures usually occur where action is taken far too late to enable any chance of turnaround or...

Personal Insolvencies on the Rise

14 December 2016
In a sign of the challenging economic circumstances that face certain industries and geographic areas throughout Australia the number of personal insolvencies in Australia has risen by 4.4% in 2015 / 16 as compared to 2014 / 15. This is the first increase in formal personal insolvencies since the Global Financial Crisis. A total of 29,527 ind...

Protecting your Assets – the PPSR is (most likely) for you!

16 November 2016
The Personal Property Securities Register (PPSR) has been in operation since 30 January 2012, yet many businesses continue to be ignorant of the PPSR by not understanding the nature of their agreement with customers, failing to register or registering incorrectly.

Untrustworthy advisers exploit unsuspecting directors

21 September 2016
Our August Newsletter ('Phoenix Rising: ASIC Keeps Eagle Eye on Professional Adviser') noted ASIC’s prosecution of a business adviser who assisted a director to breach his statutory duties. ASIC has now written to company directors highlighting the need for caution when contacted 'out of the blue' by advisers seeking to assist them in cas...

Resources Slowdown – coming to a business near you

24 May 2016
We are reminded daily of the effects of declining investment in mining construction and the collapse in commodity prices on the Australian economy. This has been highlighted in the 2016 federal budget where the Federal Government realises the mining investment boom is over and it is trying to stimulate the economy and job growth thro...

Director Penalty Notices - An explanation of the Director Penalty Regime

13 April 2016
What is a director penalty notice (DPN)? A notice issued by the ATO, which if not complied with by the due date, makes a director personally liable for the penalty amount until it is paid in full. The director penalty regime applies to: Unpaid Pay As You Go (PAYG) withholding amounts Unpaid Superannuation Guarantee Charge (SGC) ob...