Launched in 2003, Turnaround Management Association (TMA) has grown into a professional body and evolved as an integral part of Australia's corporate turnaround community. The TMA is committed to promoting the benefits that the turnaround industry offers the local economy, facilitating a deeper restructuring market in Australia, and fostering a turnaround culture in the broader region. Until recently, turnaround specialists were a relatively unknown breed in the business world. TMA members are a professional network practicing in turnaround and restructuring, management consulting, insolvency, accounting, legal, banking, finance and private equity - all united by a common goal which is to stabilise and revitalise corporate value. The TMA Australia Chapter is active across New South Wales, Victoria, Queensland, and Western Australia.