Our People


Tim thrives at guiding individuals and businesses out of financial difficultyTim Gumbleton is widely sought out to assist businesses and individuals throughout the majority of NSW and VIC struggling with too much debt to find solutions to restore solvency or in some cases, close the business with as little complication and risk as possible.

Tim's role sees him travel throughout the regions guiding individuals and businesses out of financial difficulty, providing insolvency and associated debt solutions, resolving disputes that arise in business, undertaking corporate reviews, investigations and improving the governance and financial performance of not-for-profit organisations, Indigenous Corporations, Registered Clubs and various other community-controlled entities.

Mobile Service Locations:
Albury/WodongaAlice SpringsBendigoBroken HillCoffs HarbourDubboGriffithHunter/New EnglandLismoreMilduraNewcastleNorthern NSWOrange/BathurstPort Macquarie, SheppartonSydneyTamworth/Armidale, Wagga Wagga, and Western Sydney.

Tim has been employed in the accounting and insolvency profession continuously since he left university, having commenced his career with a small firm in Canberra before moving to RSM in 2008. 

“From an early age, I was surrounded by Clubs and not-for-profit organisations, agribusiness, and also the culture and heritage of growing up in a small country town in Western NSW that was once also the site of an Aboriginal mission. As such, I am uniquely positioned to pursue improved outcomes for Indigenous businesses, Clubs, and not-for-profit organisations that may not be functioning as well as they could. My role is at times the difference between a business continuing or closing forever.”

TTim comes from a rural background and has spent a lot of time working on farmsim comes from a rural background and has spent a lot of time working on farms. One of his most memorable roles to date was his three-year stint during University holidays working with Bartters Enterprises,(which is now better known as Baiada/Steggles). For those that have stepped foot in those sheds with 10,000 hens and 2,000 roosters will attest, Tim finds his office job a bit easier!

To his clients and wider network, Tim is recommended for his independent and pragmatic advice, including his demonstrated ability to resolve disputes, develop and implement complex debt solutions and manage sensitive and commercial financial and governance issues.

Tim is a sports fanatic - but is also know for demonstrated ability to resolve disputes, develop and implement complex debt solutions and manage sensitive and commercial financial and governance issuesTim is often sought out to resolve commercial and business disputes and in the past has been labelled a "corporate umpire". Perhaps then it is not surprising that in his spare time, Tim also umpires cricket in the NSW Premier Cricket Competition in Sydney! 

In his spare time, Tim is a major sports fanatic who enjoys cricket, basketball, golf, tennis,  AFL, and Rugby (just to name a few!).

Solutions Tim provides

  • Organisational reviews and developing remedial action plans basic_illustrations-17-compass_2.png
  • Corporate and Personal Insolvency including both voluntary (debtor initiated) and creditor initiated appointments such as liquidations, voluntary administrations, and receiverships
  • Amalgamations and associated transition plans
  • Special Administrations under the CATSI Act
  • Funds Administration and Grant Controller roles
  • Capacity building, including restructuring organisations and implementing new governance models
  • Investigations, examinations, fraud and forensic accounting
  • Mentoring, business plans, and due diligence

Significant projects

Tim has worked extensively throughout Australia across a wide range of sectors, including helping clients in metropolitan, regional, and exceptionally remote areas. This has included Cape York, North Queensland, Western Australia, Victoria, and smaller communities within New South Wales.

One major project was with a Government Department to restructure and turnaround an Indigenous Health Service in a remote Indigenous community in Cape York (QLD). This project period was in excess of 12 months and culminated in the restoration of Government funding, sound operations, and strong governance. Tim spent weeks at a time in the community and had the opportunity to participate in community activities including touch football and Christmas celebrations.

Professional associations basic_illustrations-37-corporate_social_responsibility.png

  • Fellow, Chartered Accountants Australia and New Zealand 
  • NSW ILGA Recognised Insolvency Practitioner
  • Member, Australian Restructuring Insolvency and Turnaround Association
  • Chairperson and Independent Member of Wagga Wagga City Council’s Audit and Risk Committee 2012-2017
  • CA Country Chair Riverina 2009-2014
  • Member, Personal Insolvency Professionals Association (PIPA)
  • Director, Wagga RSL Club Limited 2017-2019
  • Director and Treasurer of the Wagga Wagga Business Chamber 2009-2011


  • Bachelor of Commerce, Accounting (University of Canberra)
  • Chartered accountant
  • Registered liquidator
News articles

Lingering Business Uncertainty and Emerging Risks

15 September 2021
RSM’s new Corporate Advisory Hub at Port Macquarie on the Mid-North Coast of NSW has seen increased enquiries from businesses that are struggling to deal with the day-to-day uncertainty and rising risks in their business. The constraints on business are real and whilst many businesses are extremely busy this may not necessarily translate into ...

THE LAND | Southern NSW cattle operation owes creditors more than $13 million

17 February 2020
THE latest creditors' report into the liquidation of CD & PJ Ireland Pty Ltd shows the southern NSW cattle operation owes more than $13 million. The second report shows a complex stream of debt. In the Supreme Court on November 14, 2019, Andrew Bowcher and Tim Gumbleton, from RSM Australia Partners in Wagga, were appointed liquidators. ...

Leeton Soldiers' Club pays off creditors

25 October 2016
The future looks bright for Leeton Soldiers’ Club following the recent payments to its creditors as facilitated by the agreement with the Club’s Administrators and the implementation of the necessary governance, capital and operational improvements to safeguard its future.     The Leeton Soliders' C...

The Area News | Hanwood club out of debt

16 January 2016
The Hanwood Sports Club entered the new year with the best news they’d had in some time. Roger Bertacco from the club was pleased to say the club is now “on the right path” as it is no longer under administration as of late last year. After the Hanwood Sports Club went into administration in 2011, the future of the club l...

Queanbeyan Age | Queanbeyan Bowling Club creditors approve deed of company arrangement, bowls control to return to board

6 November 2014
CONTROL of lawn bowls and bar trading is set to be returned to the Queanbeyan Bowling Club's board after the club's creditors voted in favour of the administration's deed of company arrangement on Monday.   ...

The Daily Advertiser | Interlink creditors feel pain

13 May 2013
 NO CHANGE: RSM Bird Cameron principal Tim Gumbleton reviews the Interlink Douglas creditors report yesterday. Picture: Les Smith   ONLY six months ago GJ and JC Eldridge Taxi Truck co-owner Jenny Eldridge was approached by a managing director of Interlink Douglas (ID) to take on a bigger contract with the doomed business. ...

New board takes on Elders Council

1 March 2012
Tim Gumbleton and John Andrews (far left and far right) from RSM Bird Cameron with new Dunghutti Elders Council directors Esther Quinlin, William O’Brien, Betty Champion, Heather Ritchie (Anderson) and Andrea Douglas. Absent are board members Bob Mumbler and Elizabeth Cohen. TODAY heralds a new era for the members of the Dunghutti Elders Council ...

Lingering Business Uncertainty and Emerging Risks

16 September 2021
RSM’s new Corporate Advisory Hub at Port Macquarie on the Mid-North Coast of NSW has seen increased enquiries from businesses that are struggling to deal with the day-to-day uncertainty and rising risks in their business. The constraints on business are real and whilst many businesses are extremely busy this may not necessarily translate into ...

Having a failing business is mentally tough

1 July 2021
It takes its toll: mental health and the fear of bankruptcy. This month Andrew Bowcher, an RSM Partner based in Wagga Wagga, shares his personal experience of working with people who are facing potential bankruptcy. After nearly 20 years with RSM, he has worked with a lot of clients and heard a lot of personal stories.

How bankruptcy impacts property, employment, income and your superannuation

17 May 2021
The following table is an overview, in general terms, of the common examples of property retained by a bankrupt and available to a bankruptcy trustee based on the provisions of the Bankruptcy Act, 1966 and the various currently prescribed statutory limits, which are subject to change. The table is not intended to be an exhaustive list as th...

RSM Asset Protection Series: The basics of asset protection

6 May 2021
What are the best asset protection strategies?  In our continuing series on asset protection, this article considers some of the basic asset protection strategies and aims to provide a starting point for those contemplating the risks associated with their business. A key concept of asset protection is to: “Separate risk from value...

Rebuilding after COVID-19: Small business restructuring in the property sector

12 March 2021
Are you a sub-contractor operating in the property sector and struggling with too much debt? Are you owed money by small-to-medium enterprise (SME) businesses that cannot get their accounts up to date? This article outlines the new Small Business Restructuring arrangements recently introduced by the Federal Government in response to the anticipa...

RSM Asset Protection Series: The family home

15 February 2021
When a business or other venture fails, the primary concern many people have is their level of personal liability. Mainly, “How much am I personally liable for, and will it impact my family?”. Particularly after changes to the DPN regime, company directors now carry personal liability for: outstanding BAS/PAYG outstanding employee en...

Superannuation & Bankruptcy - all you need to know

5 February 2021
An individual’s superannuation is generally considered to be somewhat of a safe haven when contemplating asset protection, financial risk management, and the implications of bankruptcy. The safe-haven concept generally arises as under the law a bankrupt’s superannuation is considered to be “non-divisible property” in the event of bankrup...

When to develop a small business restructuring plan

21 January 2021
Do you have a small business with too much debt? What you need to know about the new small business insolvency reforms. On 1 January 2021, changes to Australia’s insolvency framework came into effect with new law implemented to assist in restructuring and relieving the debt burden of struggling small businesses. The changes are wide-ranging an...

Post Pandemic - Is your payroll system the next disaster?

1 September 2020
While most employers don’t deliberately underpay employees, errors can occur. Coles, Woolworths, Hero Sushi and MasterChef George Calombaris are the latest in a long line of companies and franchises to be caught in payroll scandals as a result of outdated payroll systems. Errors can also go the other way, with companies inadvertently overpaying e...

Do you have a business recovery plan?

12 May 2020
The relaxation of the COVID-19 protocols is good news for business, but… What’s your plan now? Do you have a recovery plan? We are continuing to experience the ongoing impacts of the lockdown, however welcome relief is on the horizon.  By now you have likely put your business hibernation plans into action and are continuing to g...

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...

How to avoid becoming a zombie company

11 February 2015
Like the traditional walking dead, zombie companies wander aimlessly and unsteadily, not quite alive but still moving. The term ‘zombie companies’ has become more common as low interest rates let otherwise struggling companies battle on. In the past, many of these underperforming organisations managed to slip under the radar, escaping insolv...