Monthly Archives: June 2025

consumer debt recovery services

Why More Companies are Outsourcing Debt Collection-And What it Means for the Industry

Overdue invoices have long been a major issue for businesses across Australia. Around 74% of Aussie small enterprises experience problems with late payments, with the construction industry affected the most. Many companies are forced to handle debt recovery independently, taking precious time and resources that could’ve been otherwise spent on…

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Why End of Financial Year Is the Smart Time to Refer Aged Debts

Why End of Financial Year Is the Smart Time to Refer Aged Debts

In Australia, the end of financial year (EOFY) on June 30 marks a pivotal time for businesses to finalise their financial records and lodge tax returns. It also provides companies with a valuable opportunity to assess their financial health over the past year. Businesses seeking debt collection also use this…

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