Working in the local economy means TCS is always abreast of local economic challenges and the issues impacting Tasmanian business.
We understand the challenges you and your business face, which is why we aim to provide articles to share our knowledge with you and assist you and your business to make the best credit related decisions and lessen the risk of incurring bad debt where possible.
When relevent news comes to hand, we’ll be sure to sure it with you through our blog, below.
Whether you call it stress, tension, pressure, strain or something else, it isn’t a badge of honour or some mark of success. Although in Australia we think it is. We have for decades.
When we researched this in 2003 – yes, 20 years ago – the land of ‘Barbies’, lazy summer days and “she’ll be right mate” had some of the highest levels of accrued leave in the world. A survey completed by the Australia Institute published on 01 July 2003 showed that ’42 per cent of […]
Being able to say Hello in different languages helps with speaking the same language and shows respect for languages and cultures.
Have you ever had trouble speaking the same language as someone else? Or even knowing what the same language means? When we look past spoken language and signing, there’s a myriad of ways we can get things wrong – and right.
Learning
Some years ago, I got into a spot of bother by causing a participant to ‘lose face’. A clear case of not speaking the same language!
I was running a […]
What is your role at TCS? I’m an Account Manager based in Hobart
How long have you been with TCS? Started in March 2023, so nearly made three months.
Where did you come from? I was employed as the Collections Manager at MyState Bank for 26.5 years until I was made redundant, primarily dealt with loan arrears and working with customers to get back on track either via a payment arrangement or hardship assistance. Also looked after legal proceedings.
Tell me about your role? Primarily contacting customers to get debts repaid, ideally in […]
After over a decade of cutting the cash rate, the Reserve Bank of Australia (RBA) has been increasing rates almost every month since April 2022. Homeowners and would-be borrowers may be nervously wondering how high their home loan rates will go.
The big four banks have all cast their predictions for the next few years of cash rate movements. For the average owner-occupier paying a variable rate, your home loan rate could reach 7.11% in 2023.
Big four bank’s cash rate forecasts:
The federal government will regulate the buy now, pay later industry under the Credit Act to better protect consumers against financial abuse by the lending schemes.
Key points:
In a speech delivered on Monday morning, Financial Services Minister Stephen Jones told the Responsible Lending and Borrowing […]
Deteriorating housing affordability was a key focus of the federal budget, seeking to alleviate some of the pressures for those looking to buy or rent currently face.
But stamp duty reform was not one of them.
Many experts agree that support for the states to transition from stamp duty to a broad-based land tax must be seriously explored if we hope to create a strong structural foundation for an efficient and equitable property market.
Stamp duty reform is needed to allow the property market to function more efficiently in all states.
Some of […]
Protecting your data online is extremely important, which is why TasAlert have developed simple information to help you protect your data online. The TasAlert “Defend Your Data” information quickly outlines how you can:
+Screen for scams: how to detect a scam and what to look out for
+Shield yourself: what to do to protect yourself online
+Be ready to react: know what to do if you are a victim of a scam
You will also find a list of resources for further information on data protection.
View the Defend Your Data information – https://alert.tas.gov.au/defend-your-data
The Digital […]
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What is your role at TCS?
Collections Account Manager
How long have you been with the business?
13 Months
Tell me about your role
I have the pleasure of working with our clients & our customers to negotiate great outcomes […]
Applications for credit cards have risen significantly over the past year even as demand for other types of credit has fallen, as consumers look for a way to cope with constantly rising prices.
Figures released exclusively to this masthead by major credit bureau Equifax show that applications for mortgages fell 16 per cent, car loan applications fell 14 per cent and applications for personal loans fell almost 5 per cent during the final quarter of last year, compared to the same quarter a year earlier.
Over the same […]