Support for financial difficulties

We have a range of free support options in Tasmania, and we encourage you to contact the one that best suits your needs.

If you are feeling worried or uncertain about what to do, contact our office during business hours on 1800 440 026 and we will guide you to the right support.

Financial hardship

The term financial hardship is used when a business is having trouble paying invoices, wages or debts.

If you are here today, you have already taken the crucial first step. It's really important to seek support as soon as you realise things aren’t quite right.

We are here to help you get through this tough time.

Understand your financial situation

If your business is going through a tough time financially, getting your records and finances in order is a positive first step. This helps you to figure out exactly what part of your business is causing you the most pressure.

When you have clear records, it also makes it easier for an accountant or business advisor to understand your situation and give you the right advice faster.

The Australian Government has a helpful program called the Simplified Debt Restructuring Process.

This special program is designed to give you a simpler way to manage your debts while allowing you to stay in control and work towards recovery.

A helpful simplified debt restructuring is available that will guide you through the process and help you to understand how the program can assist you.

Support to help you

Just remember, these support agencies exist because other businesses have been through what you are going through.

They are staffed by experienced and caring professionals who want to see you succeed and can help you get back on your feet.

Other services: