MEDIA INTEREST INDEX

color bar BICB

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

color-bar-bicb

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

color-bar-bicb

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

color-bar-bicb

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.

IMAGES AND LOGOS

color-bar-bicb

Images provided here are available for fair use by press outlets in illustrating articles about BICB, Risk Tracker and/or Executive Director Wayne Clark.

BICB Logo

BICB-Logo-Colour-250
colour vertical RGB
colour landscape RGB

Risk Tracker Logo

Risk Tracker Logo
colour vertical RGB
black vertical RGB
advice that got a debt paid - BICB

CASE STUDY

One of our members sought advice about an unpaid debt
from a licensed Queensland builder

  • Our Executive Director Wayne Clark advised they could log this complaint with QBCC. This entity has the power to suspend and/or cancel a Queensland builder’s license if a debt is undisputed.
  • The good news is, our member got paid!
  • Because we keep up to date on legislation surrounding the building and construction industry, we can give the appropriate advice to members.
  • This is just one of the many benefits of being a member of BICB. Our member well and truly got their money’s worth in his membership fee from advice that quickly got their debt paid!