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CreditorWatch Blog

Why Omicron has increased your need for automated customer onboarding

Why Omicron has increased your need for automated customer onboarding

Reading Time: 3 minutes Missing information. Overwhelming amounts of paperwork. Hours of manual labour. Costly file management. Traditional credit checks and their shortcomings are giving way to a new era of efficient, rapid and user-friendly approaches to checking business’ credit histories and customer onboarding. The coronavirus pandemic has been – most obviously – a healthcare and humanitarian crisis. But beyond this, it has also […]

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Big machines, big challenges: wrangling the risks of the mining, agriculture, and construction industries

Big machines, big challenges: wrangling the risks of the mining, agriculture, and construction industries

Reading Time: 4 minutes Right now, there’s a lot going on for the business community to deal with. The pandemic and climate change have impacted us all in different ways with multiple flow-on effects. Some have endured far tougher times than others but one thing we all have in common is that we’ve had to quickly adapt to these unfolding global events. In Australia, […]

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Mid-Year Economic and Fiscal Outlook (MYEFO) 2021-22

Mid-Year Economic and Fiscal Outlook (MYEFO) 2021-22

Reading Time: 2 minutes Commenting on today’s Mid-Year Economic and Fiscal Outlook (MYEFO) 2021-22, CreditorWatch Chief Economist, Harley Dale, says: The Mid-year Economic and Financial Outlook (MYEFO) presents a predictably optimistic update for the year ahead for Australia. This time last year bookings for cruise holidays in 2021 were soaring because of the belief that the worst of COVID-19 […]

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The dynamics of the Australian economy are rapidly changing

The dynamics of the Australian economy are rapidly changing

Reading Time: 4 minutes As lockdown restrictions are eased in key states, Australia faces the prospect of a strong economic bounce-back in the December 2021 and March 2022 quarters. There is no shortage of challenges ahead, but we don’t lack opportunities either. The September 2021 quarter result for Gross Domestic Product (GDP) will look plain awful. A hefty contraction in economic activity that encompasses a period when over half […]

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Omicron compounds the Great Supply Chain disruption

Omicron compounds the Great Supply Chain disruption

Reading Time: 2 minutes SYDNEY, 30 November 2021 – CreditorWatch, the Australian digital credit reporting agency, has laid out how Australian SMEs can navigate the great supply chain disruption and associated risks as the Omicron variant overshadows confidence in the economy’s reopening, during a data-rich panel discussion with leading supply chain fintech Earlytrade earlier today. Following two years of […]

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Navigating The Great Supply Chain Disruption – Risks for Australian business leaders

Navigating The Great Supply Chain Disruption – Risks for Australian business leaders

Reading Time: 5 minutes What risks do Australian business leaders face as east coast lockdowns ease? Sam MacPherson, Head of Treasury at Earlytrade, uses proprietary data from Australia’s largest working capital marketplace to support finance and procurement professionals preparing for the economy’s reopening. Events that have caused global supply chains to be pushed to the brink have been well […]

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CreditorWatch data: Regional Victorian businesses poised for strong recovery while Melbourne metro continues to struggle

CreditorWatch data: Regional Victorian businesses poised for strong recovery while Melbourne metro continues to struggle

Reading Time: 6 minutes SYDNEY, Wednesday 10 November – The October 2021 CreditorWatch Business Risk Index (BRI) has revealed a tale of two regions for the Victorian economy. Three of the top five regions around Australia with the lowest risk of default are in regional Victoria. This is a stunning result given much of the state has been in […]

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Understanding the mandatory vaccination directions for Victorian workers

Understanding the mandatory vaccination directions for Victorian workers

Reading Time: 2 minutes Macpherson Kelley has published details about the Victorian Government’s announcement for mandatory vaccination for all workers on the authorised worker list. The formal COVID-19 Mandatory Vaccination (Workers) Directions were published by the government on 7 October 2021. There is a significant change to the way the location of workers has been expressed. Rather than looking at the type of site where […]

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