Credit Management in Australia - July 2020

Page 69

Victoria/Tasmania

1989 – President Roger Penfound, Carol O’Connor with 3 top students of 1988 Class.

1998 – Councillors eligible for re-election at the August AGM. Paul Pattison, Lyn Harris and Terry Piazza.

President’s report During the new world of COVID, I’d like to thank our Vic/Tas councillors for their continuous hard work for our success as a committee and working towards our goals to grow our membership, CCE, professional development, publications and promoting the online events. Please take the opportunity to nominate your team as the 2020 Credit Team of the year. This prestigious award recognises your team for their outstanding efforts and achievements in 2020, applications close 31 July 2020. Encourage your team to refresh their skills and to incorporate their professional development with our virtual classrooms held by AICM. Upskilling our team during COVID-19 will give us the tools to promote ourselves as credit professionals and take the lead within our organisations. We look forward to announcing the winners for VIC Young Credit Professional of the Year. The quality of candidates is once again excellent. The Young Credit Professional of the Year award allows the candidates to gain recognition for both themselves and their organisation. Welcome to all our new members in VIC/TAS. Please feel free to reach out to my councillors, as we

DIVISION REPORT

1987 – Paul J. Cooney, Life Member.

1992 – Maurie Marchant, Life Member.

1998 – Bill Stanton chats with Pat Clark (Executive Officer) while John Cooper (State President) and guest speaker Peter Sallmann exchange views.

are here to help you at any time. If you have any questions reach out to us. We may not be able to engage with you in Victoria face to face, however, we are available via other means. Don’t be a stranger, reach out to us. Thank you to all our members who have engaged with us via the virtual world over the last couple of months. We would love to hear from you if you have any ideas to help us make the virtual world more engaging. – Sherif Hussein MICM CCE VIC/TAS State President

A time for reflection and reminiscing During these times we all have so many questions. For example; Should there be a COVID safe period for collections? Is it better to instigate a DOCA (deed of company arrangement) vs liquidation? Will liquidators go to town on preferential payment? If I enter into a payment agreement where do I stand in terms of PPSR? While these questions are yet to be answered and fully understood let’s take some time to reflect and reminisce. I thought it would be good to hear from two of our life members that have survived the GFC and have a wealth of knowledge to share during these times.

July 2020 • CREDIT MANAGEMENT IN AUSTRALIA

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