MEDIA INTEREST INDEX
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About BICB
The Building Industry Credit Bureau (BICB) is an Australian—membership-based—not-for-profit organisation. We act as a conduit for members to share accurate financial trading and credit-related information via a secure online database. All our members are suppliers or subcontractors to the Building & Construction Industry.
Construction is the third-largest industry in Australia for employment and its GDP (Gross Domestic Product) contribution. Unfortunately, it is also the second-largest industry for corporate insolvencies, with a pre-pandemic five-year average of 1,590 per annum.
BICB is the only national organisation with the volume of industry-specific trading data. Our trading history database shows how an entity is paying its accounts over time with other BICB members. Seeing payment patterns to multiple suppliers enables you to determine whether you offer credit to a customer or not.
INDUSTRY RISK BAROMETER
The ‘Industry Risk Barometer’ analyses the combined risk scores of 100,000 plus debtor entities to provide an overall picture of risk in two risk categories – Risk of Insolvency and Risk of Late Payment. These scores are calculated monthly using current data from BICB and Alares extensive data sets.
PRESS RELEASES
This section will display links to press releases.
Press Releases will be made and distributed through an online service to all press outlets who write of matters of building and construction; finance and similar subjects.
BICB IN THE PRESS
This archive displays the most recent articles which BICB has submitted for publication in various periodicals, magazines and newspapers in the building and construction industry domain.
Builder Collapse Avalanche Picking Up Speed
Choppy waters ahead for the residential construction industry – this is a time to be vigilant!
Elements vital to effective risk mitigation – construction industry
IMAGES AND LOGOS
Images provided here are available for fair use by press outlets in illustrating articles about BICB, Risk Tracker and/or Executive Director Carla Seirlis.