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CreditorWatch Blog

Retail Sales have a bounce in their step, but for how long?

Retail Sales have a bounce in their step, but for how long?

Reading Time: 2 minutes Harley Dale, CreditorWatch Chief Economist, comments on today’s ABS Retail Trade stats which saw retail sales jump 7.3 per cent in November 2021, reflecting a record value of sales in Australian history: “Today’s results have produced a spectacular outcome, providing a strong base for the challenges many SMEs are facing in early 2022.  “However,  November […]

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The latest NAB business results aren’t that bad

The latest NAB business results aren’t that bad

Reading Time: < 1 minute CreditorWatch’s chief economist, Harley Dale, comments on today’s NAB Business Confidence Index. November’s results saw a significant drop to a level of 12, from a downwardly revised 20 in October 2021: The latest NAB business results aren’t that bad “One might be forgiven for thinking that the result for the November NAB Business Confidence Index […]

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CreditorWatch data: Recovery to take longer than expected; Perth and Brisbane bouncing back quickest

CreditorWatch data: Recovery to take longer than expected; Perth and Brisbane bouncing back quickest

Reading Time: 8 minutes SYDNEY, Wednesday 8 December – The November 2021 CreditorWatch Business Risk Index (BRI) has revealed that business activity around Australia is currently weaker than expected, indicating that the return to pre-COVID levels is now likely to take longer than many pundits had anticipated. The data also showed a jump in defaults, external administrations, payment arrears […]

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How data can help you make better decisions and reduce credit risk

How data can help you make better decisions and reduce credit risk

Reading Time: 4 minutes How data can help you make better decisions and reduce credit risk In the digital age, data has become a key driver of growth, with insights guiding businesses to success. The financial services sector is heavily reliant on data, with banks, insurance companies and any organisations who deal in risk seeking to bolster their modelling and reduce defaults. Channelling rich, […]

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How billions of datapoints became a Business Risk Index

How billions of datapoints became a Business Risk Index

Reading Time: 3 minutes Last week CreditorWatch launched a highly valuable, Australian-first economic indicator—the Business Risk Index. Each month the index reveals which regions in Australia are at the highest and lowest risk of insolvency in the future – critical information for businesses and government as we continue to navigate through the downturn from the coronavirus pandemic toward economic recovery. Business decisions guided by real-time data Understanding the […]

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Whitepaper: The Future of Fintechs – fintechs driving change in financial services

Whitepaper: The Future of Fintechs – fintechs driving change in financial services

Reading Time: 2 minutes The future of fintechs is a hot topic and one of the most important trends in the financial service sector in Australia and around the globe. Creditorwatch’s Future of Fintechs 2021 thought leadership paper is a comprehensive overview of the state-of-play across Australia’s vibrant fintech sector. We hope you enjoy our analysis and the opinions […]

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The power of CreditorWatch’s unique data

The power of CreditorWatch’s unique data

Reading Time: 2 minutes At CreditorWatch, our unique data gives our customers a competitive edge. Our exclusive insights enable businesses, specifically small businesses to make smarter and more informed credit decisions and better manage risk, particularly in this COVID-impacted economy.   Quantity and diversity of data sources More than 55,000 customers access and contribute financial data to CreditorWatch, making […]

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Reinventing the RiskScore

Reinventing the RiskScore

Reading Time: 3 minutes Leveraging Big Data to revolutionise Credit Risk assessment. The latest partnership between CreditorWatch and Open Analytics is revolutionising credit risk assessment and automated credit decisioning. The new RiskScore product, incorporating CreditorWatch’s industry leading data with proprietary algorithms from Open Analytics, sets the benchmark for timely and accurate credit default prediction in the Australian B2B landscape. CreditorWatch’s new RiskScore is a live rating that […]

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Why you should upload your ATB more frequently

Why you should upload your ATB more frequently

Reading Time: 2 minutes As COVID cases grow by the day, nationwide restrictions are increasing, with lockdowns being extended indefinitely. The latest lockdowns are having a debilitating impact on businesses, especially in Greater Sydney. As more states and regions enter lockdown with little to no warning, more businesses are experiencing uncertain trading conditions and cashflow problems. Businesses need to protect themselves as […]

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CreditorWatch Payment Rating

CreditorWatch Payment Rating

Reading Time: 2 minutes It’s as easy as ABCDE On 1 July 2021, CreditorWatch launched Payment Rating – our latest product designed to shed light on slow-paying businesses. The new tool scans business-to-business transactions to measure the time it takes companies to pay their suppliers’ invoices. This gives CreditorWatch customers invaluable insight into their clients’ propensity to pay on […]

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