by PSC 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 PSC 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 PSC 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...
by PSC Trade Credit Risk | Feb 20, 2020 | Blog
Housewares and furniture chain Ishka has collapsed into voluntary administration as the malaise currently gripping the nation’s $320 billion retail sector claims another victim to add to a growing list of collapses in just the last few months. The family owned retail...
by PSC Trade Credit Risk | Feb 18, 2020 | Blog
The official PMIs for January released today do not yet reflect the magnitude of the economic concerns around the ongoing coronavirus 2019-nCoV outbreak in China. However, we think that its impact on the Chinese economy and the rest of the world is not negligible. The...
by PSC Trade Credit Risk | Feb 17, 2020 | Blog
Business owners will need to pay closer attention to their cash flow management heading into end of financial year, with new credit bureau reporting laws set to put extra pressure on businesses to pay their tax debts. Entrepreneurs leaning on the Australian Taxation...
