AICM educates, develops, represents and connects credit professionals to help them do their jobs better, advance their careers and achieve better outcomes for their businesses, while improving the profile and professionalism of the industry.
Your Membership is your ticket to:
- at least 6 complimentary webinars per year (worth over $300)
- 5 members only magazines per year, featuring articles from industry experts
- Monthly e-Newsletters and regular updates relevant to credit management

In addition member discounts on qualification courses, training and events will help you expand your knowledge and connect with fellow credit professionals so you can do your job better.


A range of CPD events, including the annual National Conference, national seminars, and division seminars and workshops, keep AICM members abreast of regulatory updates and help to maintain their high professional standards. These are also valuable opportunities to network and share ideas with other credit management professionals.



As Australia’s only credit industry-specific Registered Training Organisation, AICM Learning offers nationally recognised qualifications including Certificate III Mercantile Agents, Certificate IV Credit Management and the Diploma of Financial Services, all delivered in student-centred intensives either face-to-face or online.

AICM Learning is also able to recognise current skills and prior training, and offers bespoke corporate training packages for member organisations.

In combination with the CPD program, AICM Learning offers a clear development path for credit managers, from the Credit Toolboxes that provide an introduction at entry level or a refresher to more experienced credit professionals, the Certificates and Diplomas that testify to a credit professional’s technical and practical competence, and the CPD events that keep members abreast of regulatory changes and hone their practical skills and knowledge.

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AICM members are entitled to use the post-nominals MICM, signifying their commitment to professional excellence and attainment of high professional standards. Members who have distinguished themselves through service to AICM and the industry may be awarded life membership or fellowship of the association, entitling them to use the post-nominals LICM or FICM, respectively.

AICM also offers long-standing members who complete a training and assessment series the senior credit management qualification Certified Credit Executive, which is unique to AICM members.

To earn the CCE designation, members must hold the MICM designation for a minimum of three years, complete 100 hours of training, study or CPD approved by the AICM board, pass an online exam, and submit an essay on a set topic.

The achievements of AICM members are also recognised can celebrated through annual awards including Young Credit Professional Award and Credit Team of the Year.



AICM exists for members, and one of the central goals is to make it easier to be a better credit manager and build a successful career. Alongside training and CPD, AICM offers valuable networking opportunities through which members share their expertise and learn from their peers, lobbies on behalf of the industry to keep check on the regulatory burden, provides resources including an online journal and a monthly enewsletter to keep members informed of best practice and industry updates, and aggregates credit management employment opportunities on the AICM jobs board. AICM is also a sponsor of the Credit Network Forum, where credit managers can connect with their peers for advice and ideas.

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AICM works to reduce the impact to members of an ever-increasing regulatory burden. Current and ongoing focus is on Insolvency related topics including:

Disclosure of tax debt.  
The AICM lobbied for a change of ATO policy to allow business tax defaults to be disclosed, for several years. In December 2016 the Treasurer announced it will allow the ATO to disclose debt information to credit reporting bureaus of taxpayers, that are not effectively engaged with the ATO to manage their debts.  This is a significant step forward for all credit providers providing transparency on businesses in default with the country’s largest creditor.

Preferential Payment legislation
It is an ongoing focus to lobby for change to the current legislation that causes unfair outcomes for credit professionals such as:

  • Inflated claims
  • No increase in return to creditors
  • Three year period for claims to be made

Recent discussions with government indicate that this issue is now understood and we continue to push for action.

Insolvent trading

ASIC statistics indicate insolvent trading is on the rise with over 5,000 instances detected by insolvency professionals in 2015/16 financial year.  The AICM is concerned that while directors are personally liable for these debts, there is very little enforcement by ASIC or insolvency professionals.  The AICM has made several submissions to ASIC, Treasury and a Senate Inquiry that this need to be addressed to limit the losses faced by creditors.

Formal submissions include:

  • April 2016, AICM responded to draft legislation for implementation of a safe harbour defence and declaring Ipso Facto clauses void.  While a safe harbour could be beneficial to creditors by assisting more businesses to restructure and return to solvency rather than entering formal insolvency, the AICM is concerned the current draft will lead to more insolvent trading and less enforcement. Our submission on the Ipso Facto clauses focused on the draft legislation shifting an unnecessary amount of control to insolvency professionals.
  • April 2016, AICM provided comment to a Senate Standing Committees on Economics inquiry into Superannuation Guarantee non-payment. Again our submission focused on the need to tighten compliance to ensure insolvent trading is limited and strengthening deterrents to illegal phoenix activity.
  • In May 2016, AICM made a submission to Federal Treasury in response to its discussion paper on Bankruptcy, Safe Harbour and Ipso Facto Clauses which are of high relevance to credit professionals. The Safe Harbour proposal will allow Directors a defense to insolvent trading if they appoint an external adviser.  The paper also intends to deem Ipso Facto clauses void meaning contracts cannot be terminated by suppliers during an Administration period. 
  • In 2015 lobbying efforts resulted in a permanent exemption from a requirement of the Privacy Amendment Act 2012 that commercial credit providers register with an External Dispute Resolution Scheme (EDRS), which would have resulted in significantly increased operating costs for members.
  • In 2015, AICM made a submission to the Productivity Commissions inquiry into Business Set-ups, transfer and closure strongly recommending reform around identification of directors and company set-up (to deter Phoenix Activity) and insolvency (to reduce the burden of the current Preference Payments legislation on Credit Professionals) among many others. The AICM also raised the need for reform of preferential payment legislation. This inquiry led to the Federal government's innovation statement on Bankruptcy, Safe Harbour and Ipso Facto Clauses.
  • Late in 2014, AICM made a submission to the Federal Government in response to Treasury’s Exposure Draft of the Insolvency Law Reform Bill 2014. This Bill represents a real frustration to AICM members and to business in general, and the AICM submission urged minimisation of proposed new requirements that would increase administration costs associated with reporting. These efforts ensured credit management professionals’ interests were strongly reflected in the reforms being implemented in 2017.
  • Prior to 2014 the AICM has been a significant voice in areas including the Personal Properties Securities Act, the Privacy Act, Comprehensive Credit Reporting, the ACCC Debt Collection Guidelines and Insolvency legislation.