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Food & Beverage businesses face highest failure rates

The surge in invoice defaults is ringing alarm bells amidst a landscape of mounting cost pressures for businesses.

New south walesSouth australiaGreen valleyWestern australiaAnneke thompsonPatrick coghlanPublic administrationWatch business risk indexBusiness risk indexNorwood payneham st petersWestern sydneySouth east queenslandBringelly green valleyChief economist

Business risk climbs with falling invoice values in September

The September 2023 CreditorWatch Business Risk Index (BRI) indicates that while the contraction of Australian business activity may have eased slightly, it remains at a low point.

South australiaNew south walesAnneke thompsonPatrick coghlanWatch business risk indexWestern sydneyBusiness risk indexNorwood payneham st petersSouth east queenslandWatch chief economist

Sharp rise in business failures expected: CreditorWatch

The challenging operating environment will lead to a “sharp rise” in business failures in the next year, the credit reporting agency has warned.

South australiaNew south walesWestern australiaUnited statesDavid rumbensAnneke thompsonPatrick coghlanWatch business risk indexWestern sydneySouth east queenslandRelative social advantageNorwood payneham st petersCreditorwatch business risk indexDeloitte access economics businessAccess economics

Bleak outlook for businesses as activity drops to near-record low

Rising costs and falling consumer demand are biting businesses, as B2B invoice values drop 36 per cent, according to new data. The August 2023 CreditorWatch Business Risk Index has revealed that Au

New south walesSouth australiaCreditorwatch patrick coghlanAnneke thompsonWatch business risk indexNorwood payneham st peters

SME activity hits 7-year low amid payment defaults

The August CreditorWatch Business Risk Index (BRI) unveiled a challenging business landscape for SMEs in Australia.

New south walesSouth australiaPatrick coghlanAnneke thompsonBeverage servicesAustralian tax officeCourt actionsAugust creditorwatch business risk indexNorwood payneham st petersWestern sydneySouth east queenslandExternal administrationsPayment defaults spikeBusiness failure rateAcross industriesPayneham st peters

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