Federal Government has announced that it will pay within 30 days
accounts of less then $1 million as a clear message to Australian
business that maintaining cashflow is essential in these times of
tightening credit. It is pleasing to note that the Federal
Government will lead by example from 1 December.
As well the Prime Minister has encouraged small business to work
with the ATO if they are experiencing difficulties in meeting
obligations.;
A further significant development in cashflow management was the
statement by the ACCC Chairman Graeme Samuel cautioning big business on
the implications of changing their payment period without
warning. The ACCC has placed businesses on notice that they
will be monitoring the situation for possible test cases on the grounds
of unconscionable conduct.
Thank you to all those that have participated in the Veda Advantage
Economic conditions survey, your input is greatly appreciated. If
you
have not completed the survey yet and would like to be included Click Here...
AICM Learning Services offer a range of qualifications designed to
address the learning and development needs of people who may be
commencing their careers in the credit field through to those at
managerial level:
AICM courses address topics including: collection techniques; credit
evaluation; risk management; debt recovery strategies; compliance with
legal requirements; credit policy; account management and key management
skills (subject to VETAB approval).
AICM Training Flexibility
The flexibility of our programs means that you may only need to
attend one course and update your expertise in a particular aspect of
credit, or you might like to complete a nationally recognised
qualification, to enhance your reputation and status in the
industry.
