Employers to serve jail time

Employers who deny their employees their superannuation entitlements face up to a year in jail under legislation drafted by the Federal Government.

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New ATO powers

CreditorWatch posted in mid-January about new reporting powers of the ATO under draft legislation released by Minister for Revenue and Financial Services, Kelly O’Dwyer.

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Businesses encouraged to review customers as court actions rise

New research shows that nearly 1 in 2 Australian businesses are leaving themselves vulnerable to bad debt by not performing credit checks on their […]

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CreditorWatch Small Business Risk Review: Q1 2017

At the end of April 2017, CreditorWatch released their latest Small Business Risk Review for Q1:2017 with a very strong message … Payment defaults […]

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Businesses with unsettled tax debt jeopardise credit rating under new arrangement

From 1 July 2017, the ATO will provide information to credit reporting bureaus regarding the unsettled tax debts of Australian businesses, starting with debts […]

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