May 2021 Newsletter

We are led to believe that the ATO will not resume recovery activity through statutory demands until early 2022. Therefore, we now believe that construction industry insolvencies will remain relatively low until the end of 2021. Forecast insolvencies for 2020/2021 financial year may reach 971.

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Upcoming Insolvencies

When being interviewed by Nathan McQuade and speaking about upcoming insolvencies, it really came to light just how much an organisation like Building Industry Credit Bureau can really help businesses supplying the Building & Construction Industry to successfully navigate credit management.

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Building and Construction Insolvency in 2021

Please read this insightful interview by Nathan McQuade, Sales Manager, QLD at NCI of Wayne Clark as he shares what he is seeing in the market and what he believes will unfold in the future for the building & construction industry..

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