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LATEST NEWS

Keeping our clients informed.

Latest news and press releases

What’s been happening in the world of trade credit? See here for all the latest news, articles and events.

NEWS ARCHIVE

Australian Insolvency v Trade Credit Insurance Claims

General Data Protection Regulation (GDPR)

As individuals, many of us will have seen emails from the likes of Google, EBay, Paypal etc advising us of their commitment to the new “GDPR”.  The GDPR is the General Data Protection Regulation and is being introduced across the EU from 25 May 2018.

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A Word From the Managing Director: Kirk Cheesman

I’m excited to announce that, in March, we opened an office in Canberra. This is the first of what could be a number of new offices for NCI in 2018 and beyond.

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PPSR Fee Ammendments

The PPSR have released a consultation document regarding their proposal to change their fees with effect from 1st July 2018.

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Trade Credit Risk Index Q1

The Index has risen after a sharp reduction in Q4 2017.

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Trading names retired from November 2018

ASIC is working with the Australian Business Register (ABR) in preparation for the retirement of trading names.

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Trade Credit Risk Index Q4 2017

A Sharp Dip In The Trade Credit Risk Index for Q4

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A Word From the Managing Director: Kirk Cheesman

Welcome to 2018! We’ve got some exciting developments coming this year, in addition to the release of NCIRadar 2.0 we’re expanding our commercial collections footprint in New Zealand

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Transparency of Tax Debt

It seems as though implementation of the Government’s plan to release information on defaulting tax debtors to credit reporting bodies has been delayed yet again.

Initially, the understanding was that the ATO would start to make this information available in July 2017 although it was later reported that the start date could be as late as January 2018.  But, with the enabling legislation only released in draft form on 11th January, the ATO’s best case scenario currently appears to be for a ‘soft launch’, involving only a small number of company debtors, around the middle of this year.

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NCI Minute – November 2017

Once a credit account is set-up, ongoing monitoring is crucial
I would like to take this opportunity to remind you about the importance of monitoring your debtors. Preventing bad debts is a much better business practice than trying to recoup lost money in additional sales. If you would like more information on how NCI can help in this area, speak to one of our account managers directly or visit nci.com.au/radar.

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