Archives
Does a Client Have an Adverse Credit History?
Knowing the past credit history of a company plays in a key role in how you trade with them. BICB provides these valuable insights for our members.
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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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How do My Customers Pay Other Suppliers?
Knowing how your customer is paying other suppliers particularly over time is important for a credit manager. BICB provides that information.
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The Burning Question: ‘Will I Get Paid?’
The question front of mind for credit managers is: 'If I supply or deal with a company will I get paid?' BICB has the answer.
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‘Is This Business Safe to Deal With?’
One question a credit manager often considers, 'Is this business safe to deal with?' when receiving a request to trade from a new debtor.
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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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November 2020 Newsletter
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.
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Advice That Got a Debt Paid
When one of our members sought advice about an unpaid debt, we were able to help.
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The Cost of Being Hacked
An email was intercepted between a tradie and a builder. An attached invoice from the tradie was doctored and $51K went to a hackers bank account.
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How are Australia’s states and territories performing?
Each quarter, CommSec attempts to find out how are Australia’s states and territories performing. They do this by analysing eight key indicators: economic growth; retail spending; equipment investment; unemployment; construction work done; population growth; housing finance and dwelling commencements. Just as the Reserve Bank uses long-term averages to determine the level of “normal” interest rates; CommSec have done the same with the economic indicators.
Archives
October 2020 Newsletter
