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CreditorWatch Blog

Managing your money through managing your debtors

Tech leaders and start ups excited by Malcolm Turnbull as Prime Minister

Tech leaders and start ups excited by Malcolm Turnbull as Prime Minister

Tech leaders have expressed new found enthusiasm and excitement following Malcolm Turnbull’s appointment to Prime Minister this week. As a founding director of Australia’s first internet company, OzEmail, Mr Turnbull’s credentials and acumen are expected to deliver a boost to tech start ups across Australia. “He understands the challenges we face in regard to tech disruption […]

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Young yet growing rapidly: Australia’s sharing economy

Young yet growing rapidly: Australia’s sharing economy

Airtasker and Pureprofile have released Australia’s first study revealing the size and use of Australia’s sharing economy. Following a study of 1000 Australians by local market research firm, Pureprofile, the bi-annual Sharing Economy Monitor has revealed that just under half of the population (44.8 per cent) are aware of the companies driving the ‘sharing economy’ movement, such as AirBnB, Uber and Airtasker. […]

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Calls for certainty on the China-Australia Free Trade Agreement

Calls for certainty on the China-Australia Free Trade Agreement

The Australian Chamber of Commerce and Industry has said the Labor Party needs to declare its support for the China-Australia Free Trade Agreement (ChAFTA) in order to deliver certainty to Australian exporters seeking to use the improved trade arrangements to create jobs at home. Kate Carnell AO, CEO of the Australian Chamber, said the parliamentary […]

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400 businesses in Melbourne and Perth to be audited by FWO

400 businesses in Melbourne and Perth to be audited by FWO

250 businesses in Melbourne’s Dandenong region will be audited by the Fair Work Ombudsman as part of a new campaign to check that employers are paying the correct minimum hourly rates, penalty rates, allowances, loadings and providing appropriate meal breaks. Fair Work Ombudsman Natalie James says the Dandenong region is home to thousands of businesses […]

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Construction industry shows August expansion

Construction industry shows August expansion

After declining or remaining stable for 9 months, Australia’s construction industry expanded during the month of August. The Australian Performance of Construction Index (Australian PCI) increased by 6.7 points to 53.8. Readings above 50 indicate an expansion in activity. The expansion has been driven by improvements in the new orders and activity sub-indexes, as well […]

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7-Eleven says model not “dependent” on underpayment and will repay staff

7-Eleven says model not “dependent” on underpayment and will repay staff

After a joint investigation by Fairfax and Four Corners uncovering widespread underpayment of staff by 7-Eleven franchisees, 7-Eleven has said in a statement that it will pursue franchisees to repay money owed to present and former staff. Chief Executive Officer, Warren Wilmot said “the viability of the 7-Eleven system is in no way, never has […]

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