Nation-wide risk of business default worsens as inflation bites: Report
By Yajush Gupta · 13 October 2022 · Economy
By Yajush Gupta · 13 October 2022 · Economy
A nation-wide risk of business default has worsened, with alarming growth rates reported in major regions. Will your business be next to feel the pinch?
According to the latest CreditorWatch Business Risk Index, the risk of default over the next 12 months has grown in all regions across Australia with 5000 or more registered businesses, except for New South Wales' Lower Hunter and Wyong districts.
Tags: bad debt, Inflation