Australia collection profile

Australia-bnr

 

Collecting debts in australia                                                                                                              

  • The payment behavior of domestic companies is good compared to international standards. However, delays are registering a deteriorating trend and average DSO now stands at 56.4 days.

  • The court system is complicated by the country's federal structure and provides no fast track proceedings for the settlement of undisputable claims. The courts are otherwise efficient, but delays and costs tend to be significant and enforcing foreign judgments may prove difficult.

  • Insolvency proceedings are complex and expensive, and chances of recovery are very low.
       

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    Australia

    Australia

    Collection complexity

    very-high-2

    Collection relating to

    Payments
    $-4
    Court
    proceedings
    Gav-3
    Insolvency
    proceedings
    Arrow-2
     

    Publications about Australia

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