The traditional test of special or exceptional circumstances applies to stay applications pending special leave to appeal to the High Court. The availability of superannuation entitlements may undermine claims that bankruptcy is inevitable, and the absence of served bankruptcy notices or statutory demands may render a stay application premature. For freezing orders, transfers to a self-managed superannuation fund made before judgment, within legislative contribution limits, do not of themselves give rise to a sufficient inference of asset dissipation.
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