Monthly Archives: May 2025

credit collections in Australia

The Price of Neglect: What Poor Credit Management Is Really Costing You

Late payments are one of the most persistent challenges for Australian businesses. According to industry reports, insolvencies in Australian enterprises rose by 57% over the past year due to delayed payments. Others attribute delays to invoicing errors, disputes, and unclear payment terms. But behind many of these issues lies a…

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debt collection services Perth

Types of Late Paying Clients and How to Handle Them

Late payments remain a systemic threat to Australian businesses, with 2024 data showing approximately 39% of enterprises facing extended payment delays. The crisis has intensified to the point where the Australian Small  Business and Family Enterprise Ombudsman (ASBFEO) reports a 50% rise in calls from SMEs facing insolvency due to…

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debt collection agency in Australia

Protecting Cash Flow in Tough Times: Credit Strategies for Australian Businesses

Australia has experienced several economic downturns in recent decades. Supply chain disruptions due to a global pandemic, combined with persistent inflation, significantly affected small and medium-sized businesses (SMBs) in recent years. Many businesses with unclear payment terms and weak collection efforts struggled to maintain their cash flow and ensure long-term…

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Commission-only debt collection

Commission-Only Debt Collection in Australia: What SMEs Need to Know

Australian businesses face ongoing economic challenges shaped by years of disruption. Although the COVID-19 pandemic peaked in 2020 and 2021, its lasting effects on payment habits, consumer confidence, and financial stability are still evident across the country. Rising inflation, interest rates, and increased credit reliance add further pressure.  Recent data…

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Debt collection in Australia

Is It Worth It to Hire a Debt Recovery Agency?

Late payments are a growing issue in Australia, with small and medium-sized businesses (SMBs) often bearing the brunt. When invoices go unpaid for 30, 60, or even 90 days, it disrupts cash flow and makes it difficult for enterprises to pay their own bills, suppliers, or staff. Over time, this…

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