by Debtplacer | Mar 28, 2022 | Debt Smarts
On 1 January 2021, the Australian Government introduced the Payment Times Reporting Scheme under which large businesses and certain government entities with total annual income more than $100 million are required to report information on their payment terms and...
by Debtplacer | Mar 28, 2022 | Debt Smarts
On 1 January 2021, the Australian Government introduced the Payment Times Reporting Scheme under which large businesses and certain government entities with total annual income more than $100 million are required to report information on their payment terms and...
by Debtplacer | Feb 15, 2022 | Debt Smarts
As home prices continue to soar in much of the country, the construction industry is predictably following suit. In fact, according to the Australian Bureau of Statistics (ABS), the value of total construction work done was nearly $54 billion in the September quarter....
by Debtplacer | Jun 24, 2021 | Getting Paid 101
If you are a business owner extending credit to your customers, then its imperative to know that you can actually rely on your terms and conditions in the event of late or non-payment. In Australia, over half of all small businesses receive payment of their invoices...
by Debtplacer | Jun 24, 2021 | Getting Paid 101
It’s an unfortunate reality of doing business in Australia that when you make sales on credit, some customers will be slow at paying you on time, and some will not pay you at all. When considering what options are available to businesses with unpaid debts, it’s...
