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CreditorWatch Blog

‘Tried and true’ cash flow methods costing businesses $6.12b in growth opportunities

‘Tried and true’ cash flow methods costing businesses $6.12b in growth opportunities

Australia’s mid-size businesses are missing out on $6.12 billion in growth opportunities annually due insufficient or variable cash flow, according to new research from American Express.   The company’s new report, Behind the balance sheet: unlocking hidden value in credit, involved a survey of 355 Chief Financial Officers from companies with annual revenue values between $2 million and […]

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Counterfeit currency bringing real costs

Counterfeit currency bringing real costs

The use of counterfeit money in Australia may not be too prevalent, but the potential costs can nevertheless affect both business and the general public. According to The Cost of Currency Counterfeiting, a new report released by the Reserve Bank of Australia (RBA), $1.2 million in fake currency was detected in 2013. The reports find that, […]

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