🇦🇺Australia

Lost Commissions from Termination Failures

2 verified sources

Definition

Agreements specify payment on milestones, but poor tracking exposes artists to non-payment on early termination.

Key Findings

  • Financial Impact: 100% of Fee for incomplete work (e.g., AUD 5,000 - 20,000 per project)
  • Frequency: Per terminated commission
  • Root Cause: Lack of automated alerts for payment schedules and statutory declarations

Why This Matters

Creative professionals in Australia forfeit AUD 10,000+ yearly from untracked terminations. Automated contract monitoring secures partial payments.

Affected Stakeholders

Artists, Freelance Writers

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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