by 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 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 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 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....
by Trade Credit Risk | Apr 22, 2020 | Blog
Virgin Australia will reportedly go into voluntary administration after failing to find a way to keep the company afloat. It’s understood its board held crisis meetings Monday afternoon and an official announcement is “immiment”, following the NSW and Queensland...
