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...
by Trade Credit Risk | Mar 12, 2020 | Blog
It is the largest non-service related industry employing more than 1.1 million people. 2019 was a difficult year for the industry with lower building activity and decreasing value added (down 5.7%). Residential construction output continued to decline due to more...
by Trade Credit Risk | Mar 12, 2020 | Blog
One of the Surf Coast’s biggest business success stories has collapsed, putting some 500 jobs at risk. Stationery chain Kikki K, which was founded by former Torquay resident Kristina Karlsson, has been placed into voluntary administration. Kikki K has 65 stores...
by Trade Credit Risk | Mar 3, 2020 | Blog
Collapsed department store chain Harris Scarfe has found a buyer in the Spotlight Group, but the future of its remaining stores and staff remains unclear The owner of fabric chain Spotlight and outdoor brands Anaconda and Mountain Designs has signed a deal to buy...
