-->

CreditorWatch Blog

How to manage credit risk in the construction industry

How to manage credit risk in the construction industry

Reading Time: 4 minutes Construction is Australia’s third largest industry, accounting for nine per cent of our total GDP. With $360 billion in revenue generated annually, investors rightly view building and construction as a source of highly lucrative opportunities. The pandemic led to a boom in the construction industry, but it also saw many individual businesses struggling to maintain […]

Read More

Unemployment steady at 3.9% but no signs of wages growth

Unemployment steady at 3.9% but no signs of wages growth

Reading Time: < 1 minute The unemployment rate for April 2022 remained steady with the revised March 2022 rate of 3.9 per cent. There appears to be very little slack remaining in the employment market, with employed people only increasing by 4,000 people (0.03 per cent) despite a record number of jobs being available. Youth (15-24 yr olds) unemployment also […]

Read More

How lenders can enhance their credit decisioning with CreditorWatch data

How lenders can enhance their credit decisioning with CreditorWatch data

Reading Time: 5 minutes As we emerge from the pandemic, many businesses are struggling with cash flow and seeking credit to get going again. Those who are unable to meet the strict lending criteria of major lenders such as banks are increasingly turning to second tier lenders. Although many potential borrowers are in a vastly different shape to what […]

Read More