CREDIT NEWS & VIEWS

New Service Coming to BICB Members

A new service coming to BICB Members is a report that shows at a glance the pattern that indicates the health or otherwise of a business long before it fails. This $11 report could save a business thousands in potential bad debts.

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Record High in New Loan Commitments for Housing

The total value of new loan commitments for housing and the value of owner occupier home loan commitments each reached record highs in October 2020. The total value of new loan commitments for housing rose 0.7 per cent to $22.7 billion in October, seasonally adjusted.

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ACIF forecasts highlight industry is still being impacted by COVID-19

Australian Construction Industry Forum (ACIF) forecasts published today outline that COVID-19 and the measures that have been taken to control its spread, have sent the message to hold or defer many new building projects. The ACIF Forecasts highlight that work done will fall again this year, decreasing 3.2 per cent over 2020-21.

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