From 1 October, TelstraClear may charge customers who do not pay their bills on time an increased late payment fee of $15.00
Most of our customers pay their bills on time - but for those who don't the cost of recovering payments is significant for TelstraClear and the increased fee has been implemented to help recover these costs.
Last year I made one or two late payments - both cases because I forgot to enter the direct debit on my Internet banking, but both were made before the next billing cycle. TelstraClear did not have any "cost of recovering payments" with me.