Rent Arrears Processing Delays
Definition
Regulations cap rent in advance at 2 weeks, requiring precise processing and reconciliation of weekly/fortnightly payments via EFT, Centrepay, BPay. Delays in matching payments to ledgers cause time-to-cash drag.
Key Findings
- Financial Impact: 20-40 hours/month manual reconciliation per 100 properties; 5-10 day payment delays
- Frequency: Weekly/fortnightly per tenancy
- Root Cause: Manual reconciliation across multiple methods (EFT, Centrepay, BPay)
Why This Matters
The Pitch: Housing providers in Australia lose AUD 1,000-5,000 monthly per property on delayed reconciliations. Automation of payment matching cuts Days Sales Outstanding.
Affected Stakeholders
Property Managers, Accounting Teams
Deep Analysis (Premium)
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.
Related Business Risks
Late Rent Receipt Penalties
Centrepay Non-Compliance Fines
Unreconciled Multi-Method Payments
Non-Compliance Fines in Housing Programs
Audit Documentation Delays
Poor Record-Keeping in Income Reviews
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