-->

CreditorWatch Blog

New anti-phoenixing laws enforced in court – more power for liquidators

New anti-phoenixing laws enforced in court – more power for liquidators

Reading Time: 2 minutes New laws give liquidators expanded powers to claw back funds. By Nathaniel Kitingan, Managing Principal Lawyer – Melbourne and Tim Puget – Associate at Macpherson Kelley. Anti-phoenix laws were introduced in 2020, however, it wasn’t until early May that a judgment enforced these laws in Court, setting out clear precedent for future cases. In the case […]

Read More

Meet the Crew: Hana Le – Accounts Receivable Officer

Meet the Crew: Hana Le – Accounts Receivable Officer

Reading Time: < 1 minute Hana is CreditorWatch’s new Accounts Receivable Officer, ensuring that all our incoming payments are properly accounted for and we all get paid! What do you do at CreditorWatch? I am in charge of accounts receivable and collection. Technically, I make sure clients pay CreditorWatch so CreditorWatch can pay our payslip. What made you want to […]

Read More

Podcast: Dire Warnings for the Australian Construction Industry

Podcast: Dire Warnings for the Australian Construction Industry

Reading Time: 11 minutes Like the rest of the Australian economy, the construction industry was getting back on its feet after the worst of the pandemic. But the sector has now been hit by a perfect storm of supply chain disruptions, cost blowouts and staff shortages as inflation and interest rates rise. Many of these forces, particularly cost increases, […]

Read More

Podcast: Business Risk Index – April 2022 Insights

Podcast: Business Risk Index – April 2022 Insights

Reading Time: 9 minutes Economy at turning point as positive trends continue; Grim outlook for flood-affected regions In our latest episode, we present the January Business Risk Index results and analysis. CreditorWatch CEO Patrick Coghlan and Chief Economist Anneke Thompson discuss the key insights. Key Business Risk Index insights for April: Trade receivables and credit enquiries continue to trend upwards, […]

Read More

The 3 Ps of preparation for small businesses: Part 3 – Protections

The 3 Ps of preparation for small businesses: Part 3 – Protections

Reading Time: 7 minutes Our latest episode of Business Insights is the third in a three-part series on how SMEs can best prepare themselves for uncertainty using the 3 Ps of preparation: processes, policies and procedures, and protection. Our guest for the series is an expert in helping businesses with best-practice preparation: Natalie Ledlin, Solicitor Director at Ledlin Lawyers. […]

Read More

RBA raises rates for first time in 12 years to 0.35%

RBA raises rates for first time in 12 years to 0.35%

Reading Time: 2 minutes Anneke Thompson, Chief Economist at CreditorWatch, comments on The Reserve Bank of Australia’s (RBA) cash rate decision In response to the highest recorded inflation rate since the introduction of the GST in 2001, the Reserve Bank of Australia (RBA) has chosen to increase the cash rate to 0.35%, prior to receiving data on wage increases. […]

Read More

Podcast: The 3 Ps of preparation for small businesses: Part 2 – Policies and Procedures

Podcast: The 3 Ps of preparation for small businesses: Part 2 – Policies and Procedures

Reading Time: 8 minutes Our latest episode of Business Insights is the second in a three-part series on how SMEs can best prepare themselves for uncertainty using the 3 Ps of preparation: processes, policies and procedures, and protection. Our guest for the series is an expert in helping businesses with best-practice preparation: Natalie Ledlin, Solicitor Director at Ledlin Lawyers. […]

Read More

CreditorWatch makes 2022 AFR BOSS Best Places to Work list

CreditorWatch makes 2022 AFR BOSS Best Places to Work list

Reading Time: 2 minutes CreditorWatch is extremely proud to announce that it has made the 2022 AFR BOSS Best Places to Work list in seventh place in the Banking, Superannuation and Financial Services category. CreditorWatch’s General Manager of People and Culture, Fiona Crawford, says “the award is testament to how CreditorWatch punches above its weight and is wonderful recognition […]

Read More

CreditorWatch now collecting ATO tax debt default data

CreditorWatch now collecting ATO tax debt default data

Reading Time: 2 minutes Would you like to know if your customers have a large debt with the ATO? CreditorWatch is currently the only credit bureau in Australia reporting on this information. The ATO is Australia’s largest creditor responsible for the largest number of company windups in 2019. Historically, businesses would take on debtors with undisclosed tax debts and […]

Read More