NSW Credit Law partners with CreditorWatch to provide its clients with credit reports on its commercial customers and debtors. Would you like to know if your customers have a large debt with the ATO? CreditorWatch is currently the only credit bureau in Australia reporting on this information. The ATO is Australia’s largest creditor responsible for the largest number of company windups in 2019. Historically, businesses would take on debtors with undisclosed tax debts and be caught off guard when the first mention on financial instability appearing when the ATO began wind up procedures. With the new legislation now in effect, creditors will have additional