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CreditorWatch Blog

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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The Riskiest Industries of Financial Year 2019

The Riskiest Industries of Financial Year 2019

Reading Time: 2 minutes The construction industry was the biggest risk to small businesses CreditorWatch reviewed industry data across that last 12 months. The statistics were loud and clear across each state that construction was performing poorly. Looking at court actions, New South Wales was the riskiest in Construction by 33%. New South Wales had the highest court actions in […]

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Keep your cash flow working while you take a Christmas break

Keep your cash flow working while you take a Christmas break

Reading Time: 3 minutes Setting ambitious growth targets for the new year can ensure you hit the ground running, but the effort could be wasted without the cash flow to fund them. The coming Christmas and New Year break is the perfect time for businesses to assess this year’s results and set priorities and growth targets for 2016. A […]

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Business confidence remains rocky despite budget boost

Business confidence remains rocky despite budget boost

Reading Time: 2 minutes The latest Roy Morgan Research Business Confidence levels have revealed a May increase of 9.6 points from April, which still leaves confidence below the five-year average. Business confidence hit 114.7 in May, the highest point since the 114.9 registered in January 2015 and well below the 136.3 high seen in October 2013. “The increase in […]

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