This post comes with a ‘warning’ and reasons why you should not pay your bills late from March 14.

New credit laws come into play mid March 2014 so everyone will need to pay their bills on time or run the risk of a bad credit rating that will mark you for 5 years!

Fur further details on how these laws will change please refer link below.
http://www.arca.asn.au/focus/for-consumers.html

To keep on top of things here is a great little APP developed by some local Aussie guys.
https://getpocketbook.com/