Australia: Credit Control and Cashflow

Creditors seeking to recover unpaid debts in Queensland courts must navigate a complex evidentiary landscape that extends far beyond simply presenting an invoice. This article examines the specific documentation required to establish each element of a debt claim, from proving the identity of the debtor and the terms of payment to demonstrating what was supplied and calculating the outstanding balance with proper credits applied.

Financiers should consider whether a borrower's inability to pay merely reflects a temporary lack of liquidity.

Receiving "credit" from the ATO may seem easy, but potential issues could produce a difficult result in the long term.