Author: ncs_collector

Debt Collection Agency Sued Over Alleged Failed Debt Collection

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In October The Herald Sun published an article by PETER MICKELBUROUGH about a couple who claimed they were told by Mick Gatto that he would “do his magic” to recover more than $1.3 million they believed was owed to them by a developers.

Phoenixing On The Rise According To New ATO Data

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More than 20 per cent of liquidations could involve illegal phoenix activity according to confidential Australian Tax Office (ATO) data divulged this week by Minister for Financial Services Kelly O’Dwyer, who also laid bare the inadequacy of efforts to curb the practice and eradicate complicit liquidators during a speech to Parliament on Wednesday.

Employers To Serve Jail Time

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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

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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.

QLD External Collections Agent of the Year 2017

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We would like to thank everyone that voted again this year for the Australian Institute of Credit Managements Pinnacle Awards. We are humbled and appreciate being acknowledged by our peers and clients. This year we had four nominations and one big win for QLD External Collections Agent of the year!

Debt Collection Agency Sued Over Alleged Failed Debt Collection

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In October The Herald Sun published an article by PETER MICKELBUROUGH about a couple who claimed they were told by Mick Gatto that he would “do his magic” to recover more than $1.3 million they believed was owed to them by a developers. Read the full story here or below… Mick Gatto’s debt-collection agency sued… Read more »

2017 Qld Young Credit Professional of the Year – Nathan Wilkinson

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The 2017 Queensland Young Credit Professional of the Year Awards were held on Friday night, 21 July, at a formal event at the Victoria Park Golf Complex, Brisbane. The annual event hosted by the Australian Institute of Credit Management was attended by some of Queensland’s best and brightest Credit professionals. We are extremely proud to… Read more »

Businesses encouraged to review customers as court actions rise

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New research shows that nearly 1 in 2 Australian businesses are leaving themselves vulnerable to bad debt by not performing credit checks on their existing customers. In a survey conducted by Australian credit bureau CreditorWatch, business owners, accountants and credit professionals from small to large-scale businesses were asked questions in relation to their credit management… Read more »

ACT Health calls in the debt collectors

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Earlier this month The Canberra Times published an article about ACT Health calling in the debt collectors to chase unpaid patient bills mounting to the millions. Read the full story here or below… ACT Health calls in the debt collectors as unpaid patient bills mount to millions Debt collectors will pursue former ACT Health patients… Read more »

CreditorWatch Small Business Risk Review: Q1 2017

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At the end of April 2017, CreditorWatch released their latest Small Business Risk Review for Q1:2017 with a very strong message … Payment defaults an immediate warning for creditors Key insights from CreditorWatch’s Small Business Risk Review have been released for the first quarter of 2017. The quarterly report is an analysis of aggregated and… Read more »