by PSC Trade Credit Risk | Mar 24, 2021 | Blog
In September 2020, Treasurer Josh Frydenberg announced changes to Australia’s insolvency regime aimed at reducing the impact of the COVID pandemic on small business. He described the changes as ‘the most significant reforms to Australia’s insolvency framework in 30...
by PSC Trade Credit Risk | Feb 10, 2021 | Blog
The COVID-19 pandemic has had an impact on every economy throughout the world, triggering the worst economic recession in almost a century. Whether due to lockdown orders restricting the ability to operate, staff sickness, or interrupted supply chains, the majority of...
by PSC Trade Credit Risk | Jan 27, 2021 | Blog
A damning report into the economic cost of failing to act on climate change has revealed inaction could cost Australia $100 billion every year by 2038. Conducted by independent, crowdfunded non-profit Climate Council, the research states that 2019 was Australia’s...
by PSC Trade Credit Risk | Jan 21, 2021 | Blog
Business failures on rise as ASIC data shows COVID insolvency drought breaking. Patrick Commins reports that figures from ASIC showed the first year-on-year increase in the weekly insolvency count in at least six months — a development that experts say may be a “sign...
by PSC Trade Credit Risk | May 28, 2020 | Blog
The worst could be yet to come, as months with little or no revenue take their toll. For example, Nicole Manns was the proprietor of a thriving video production house in Brisbane until Hollywood superstar Tom Hanks got COVID-19 while filming on the Gold Coast....
