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CreditorWatch, has released the April results for its Business Risk Index (BRI), revealing that hospitality businesses (food and beverage services) are most vulnerable to current economic conditions
Business-to-business payment defaults have rocketed to a record high as the sector's pandemic-era pain looks to have set it.
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The surge in invoice defaults is ringing alarm bells amidst a landscape of mounting cost pressures for businesses.
The Australian economy got a leg up from Taylor Swift concerts but the much-anticipated visit was not enough to counter penny pinching elsewhere.