Throughout 2018 the international trade environment has been volatile to say the least. Whether this instability will have any substantial effect is yet to be seen, however, the uncertainty around trade and potential tariff increases is very much of current concern.
As threats abound regarding trading tariffs there is a related drop in confidence among businesses and consumers. When dealing internationally, there should be increased attention put to surrounding trade, especially in specific countries and industries that are affected by these changes in risk.
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Time and again we write about insolvencies, businesses losing money and unfortunately the times where businesses are unable to continue due to a bad debt. We have recently witnessed a number of insolvencies around Australia and the globe that have had a major impact on Australian businesses.
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What a busy quarter we have had at NCI! Not only have we been busy talking about our online credit application, Credential and new customer monitoring service, NCIRadar, but we have had many staff members supporting charities as part of our renewed Corporate Social Responsibility program.
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Online credit applications have been talked about in the credit industry for some time now and they are becoming more common among businesses. A traditional business may be wary of adapting to new technologies such as online credit applications but there are many advantages as business becomes increasingly fast-paced.
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We are delighted to announce NCI’s Group Service, Risk & Compliance Manager, Jeff George, as an Ambassador for “Backpacks 4 SA Kids” in their upcoming Charity TV Project.
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A recent study by PwC suggests illegal phoenix activity is costing Australia between $2.85 billion and $5.13 billion a year.
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It’s exciting to think that we’re already a month into the new financial year! During July we held our Annual Broker Conference in Sydney, this coincided with our Underwriter of the Year Awards which celebrated some fantastic achievements in our industry. It was a great time to reflect on the previous year while looking ahead to 2018/19.
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ASIC has released information on company registrations from March – June 2018.
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After the news in July that Sumo Salad were in the hands of external administrators we wouldn’t have thought that, less than 2-weeks later Zumbo Patisserie would follow.
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The ultimate protection against bad debts, where you have your debtors insured against the risk of insolvency, protracted default or political events.
Extends from credit analysis and limit assessments to monitoring reports and tailored credit management. NCI Credit Services is there to assist you in...
Our specialised committed and commercially orientated collection team is there to collect your outstanding monies, with the skills to preserve...
