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Latest News

Keeping our clients informed

What’s been happening in the world of trade credit? See here for all the latest news, articles and events.

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Tense Times For Timber
General · 23.04.24

New South Wales is under pressure to align with other states and to cease native forest logging. Victoria has already called a halt to such logging this year following decisions by the former Andrews’ Government.

Industry Update: Wine Industry
General · 23.04.24

In November 2020, the Australian wine industry was jolted by the decision of the Chinese government to impose punitive tariffs on the importation of Australian wine. At the time, 37% of the annual value of Australian wine exports were to China at a value of $1 billion.

Protecting Your Building Supply Business with Trade Credit Insurance
General · 23.04.24

Imagine you run a successful business supplying building materials to construction companies. Business is booming, and you’re constantly striving to meet the demands of your clients. You offer credit terms to builders to help them manage their cash flow, but what happens if one of your biggest clients goes bust owing you a significant sum?

NCI Claims Statistics: February 2024
General · 5.03.24

Our claims summary from February 2024. Track movements and trends from previous months and analyse what industries are trending.

A Word From The Managing Director: Kirk Cheesman
A Word From The Managing Director · 28.02.24

As 2024 begins, we are thrilled to announce the official launch of our latest product, easyAR! This innovative platform is designed to revolutionise the management and maintenance of accounts receivable, providing our clients with an automated and efficient solution.

PPSR: Amendments on the Horizon
PPSR · 20.02.24

One of the things that was introduced along with the PPSA well over a decade ago, was a requirement that it be subject to an official review after 3 years of its operation – primarily to assess its effects on both Australian businesses and consumers as well as the potential for implementing efficiencies and greater simplification.

St Hilliers Contracting Goes Bust
General · 20.02.24

St Hilliers Contracting, established in 1998, experienced rapid growth between 2021 and 2023. However, despite operational expansion, financial reports revealed concerning losses in 2022 and 2023.

Trade Credit Risk has seasonal dip and points to an economic soft landing – Stephen Koukoulas
Trade Credit Risk Index · 5.02.24

The NCI Trade Credit Risk Index fell 2.1 per cent in the December quarter 2023, partly unwinding the steady rise in the index since the low point in the December quarter 2021.

Retail Realities: Godfreys Journey through Financial Turbulence in Australia
General · 2.02.24

Godfreys, a prominent Australian retail chain specialising in vacuum cleaners and related products, faced a challenging financial situation that eventually led the business to enter voluntary administration.