At LCollect we believe that knowledge is power. Every month our debt collection blog gives you practical tips, stories and news from around Australia and the world.
Overdue fines are being recovered at a rate of $1 million a business day, with overdue fines being reduced by $231 million.
Other initiatives were also made to improve collection rates. This included moratorium periods waiving all late fees on overdue fines. This alone resulted in 61,000 people promising to pay $67 million.