Download our latest data on external administrations, payment defaults and payment times in August's Small Business Risk Review - now with insights from CreditorWatch Chief economist Harley Dale.
Are there finally some green shoots appearing in the economy? CreditorWatch CEO Patrick Coghlan is wary, even as payment defaults fall by 13 percent in July 2020.
Breakdown CreditorWatch's Small Business Risk Review data to reveal how your industry has been affected by COVID-19 during Quarter 2 2020.
Our Small Business Risk Review data for June shows payment times across all industries have blown out by an average of 49 days year-on-year. Access the latest business stats in this article.
Our quarterly Small Business Risk Review is out, compiled with unique data from more than 26 sources. This edition explores the trading conditions and difficulties small businesses faced during the brink of the COVID-19 pandemic at the start of 2020.
Read about how the Australian retail industry has fared in our Small Business Risk Review data for Q4 2019. Amidst dozens of shop closures and job losses already in 2020, find out what retailers need to do to avoid the road to external administration.
Industry Insights Quarter 3, 2019: Construction remains the worst performing industry but others catch up
It is no surprise that Construction remained the worst industry for court actions in Quarter 3, 2019. However, other industries are showing signs of catching up. Construction remained the worst-performing industry in court actions in all states with the exception of Western Australia. Western Australia which saw retail trade as the worst-performing industry for court […]
Looking for data on Quarter 4? Read how the retail industry has fared at the end of 2019. CreditorWatch’s Small Business Risk Review for Quarter 3, 2019 highlights a large increase in the value of court actions in Queensland, concerning change for Western Australia and an increase in insolvencies across Australia. Quarter 3, 2019 continued […]
Performing due diligence is more important than ever Court actions increased in FY2019 across all states, with the exception of WA, by 18% volume and 13% dollar amount. Victoria took the lead with the highest amount of court actions, followed by New South Wales. Victoria had the highest dollar amounts in July 2017 and April […]
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 […]