ASIC launches app for small business

ASIC launches app for small business

 A new smartphone application developed by the Australian Securities and Investments Commission (ASIC) will help small business owners undertake important checks before they enter into business transactions with other organisations.

Available for smartphones and tablets, ASIC Business Checks encourages business owners to:

  • ask the right questions about the company, business and individuals they’re dealing with

  • check ASIC’s registers and verify that the information they’ve been given is accurate
  • seek ASIC’s help if they need more information or the support of a professional business adviser, and
  • report suspected misconduct to ASIC if they believe a company, business or individual is acting unlawfully.

 For more information, read the media release.


Revised Debt collection guideline released

 The ACCC and the Australian Securities and Investments Commission today released an updated version of their joint Debt collection guideline: for collectors and creditors publication.

 The revised guideline aims assist creditors, collectors and debtors to understand their rights and obligations, and ensure that collection activity is undertaken in a way that is consistent with the Commonwealth consumer protection laws.

 This publication has been updated to reflect new communication technologies developed since the 2005 version of the publication, including the use of social media platforms and auto-dialers, and significant changes to the law, such as the introduction of the Australian Consumer Law in 2011, the National Consumer Credit Protection Act 2009 and new privacy laws and principles.

 For more information read theDebt collection guideline: for collectors and creditors publication or the full media release.



New Single Business Service launched

 All Australian businesses can now access simplified and streamlined information and services via the Department of Industry’s Single Business Service.

 Launched on 1 July, Single Business Service is made up of a consolidated online presence accessible anytime and anywhere, a contact centre and a face-to-face business facilitation network to link interested businesses with relevant programmes and services.

 Support includes:

  • information for businesses that is easy to find and understand
  • tailored advice for businesses when they choose to access it
  • direct links to Australian Government programmes and services, including the new Entrepreneurs’ Infrastructure Programme, Growth Fund, Industry Skills Fund and Manufacturing Transition Programme.

 Find out more at or contact the Single Business Service on 13 28 46.