As the end of the financial year (EOFY) approaches, Australian businesses are under pressure to finalise accounts and close the books. However, overdue invoices can throw a spanner in the works, damaging cash flow and overall financial health. Small businesses in the country for one, dedicate an average of 12
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Sydney, Australia – Slater Byrne Recoveries is thrilled to announce the promotion of Sandra Chary as Head of Sales, a well-deserved transition that marks the next chapter in Sandra’s remarkable career with us. Sandra’s career path is an inspiring story of dedication and passion. She began her professional journey in
The dramatic rise in insolvencies over the past years especially after the COVID-19 pandemic comes as no surprise to those professionals who are in, or on the fringe of the insolvency industry. There are many contributing factors including the debt recovery drive by the ATO, banks reluctance to lend money,
If you have exhausted all other debt collection options but have not yielded any results, then obtaining a garnishee order might be best solution for you. A garnishee order is a legal tool in Australia used by creditors to enforce a judgement debt and collect the money owed. Read on to learn
In the world of business, managing cash flow and ensuring timely payments are critical. However, there are legal challenges that can catch your business off guard: third-party payment preference. They happen all the time and if your company is the subject of one, it can cause a huge disruption in