CreditorWatch's tips to avoid insolvency risks
CreditorWatch has released a ground-breaking report titled 'Safeguard your Business from Insolvency.'
Source: dynamicbusiness.com
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Ground down
The cost of serving up a sandwich with a cup of coffee has hit the roof across Australia’s vaunted cafes, squeezing profits and forcing a wave of closures for those that managed to survive the Covid slump.The A$10 billion Australian cafe...
Source: thenews.com.pk
Business payment defaults surge 52 pct  in June
According to the June 2023 CreditorWatch BRI, businesses are facing increasing stress and the rates of insolvencies.
Source: dynamicbusiness.com
'Record high': Payment defaults stoke fears of mass insolvencies
CreditorWatch's monthly Business Risk Index showed defaults on payments between businesses reached a record high of 1,586 in June, increasing the risk of insolvencies across the economy as household spending slows and further interest rate rises loom.
Source: skynews.com.au
No extra cost of living relief but budget repair underway: Chalmers
Treasurer Jim Chalmers said a healthier budget would give the government more flexibility to respond to economic challenges in the future.
Source: smartcompany.com.au