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.
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.
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 […]
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 […]
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 […]