Friday, 17 February 2012
The directors of failed whitegoods company Kleenmaid have appeared in court over charges the business traded while insolvent.
Wednesday, 25 January 2012
Overall payment terms edge down but delays on bills left unpaid for more than 90 days widen.
Thursday, 01 September 2011
Starting from today, businesses in Queensland will have to pay $5,325 for a four-day trail when they take a debt-recovery case to court worth more than $150,000.
Wednesday, 29 June 2011
The ATO says companies have been treated with lenience since GFC – but not for much longer.
Monday, 27 June 2011
Telstra’s deal with the National Broadband Network Company is effectively a sale and leaseback in which it knows what it’s getting for the sale but doesn’t know what it’s paying in the “lease”.
Monday, 09 May 2011
ASIC figures reveal the number of companies entering insolvency in March reached a near-record high of just under 1,500.
Tuesday, 12 April 2011
The number of insolvencies in February hit their highest level for the month in 10 years, prompting a warning to small businesses to tighten their payment processes.
Tuesday, 29 March 2011
Trade credit extended by suppliers to customers has plunged from $166 billion to just $70 billion as businesses became worried about payment terms lengthening in the wake of the GFC.
Wednesday, 27 October 2010
Small businesses are being urged to start preparing for the Christmas shutdown period now to avoid traditional post-Christmas cashflow shortages that typically lead to a spike in insolvencies in February.