Our Managing Director, Kirk Cheesman, breaks down an array of information to paint an interesting picture of Australia’s economy………at this point in time.
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The PPSR is due to release an update to its web site later this month.
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What a whirlwind the last few months has been with the impact of COVID-19.
During March, many feared the worst and with significant lockdowns and reduced trading conditions, our industry braced itself for a possible flood of company insolvencies. However, a few months in and our data shows (at this moment in time), many of those fears are yet to be realised.
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We have noticed a tendency by a number of our clients to leave the ‘Additional details’ section of a PPSR registration blank. While there may certainly be occasions where ticking one or more of the 5 boxes in this area is not appropriate, our concern is that these are being left blank simply because the questions (and their implications) are not readily understood.
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On 5th May the Federal Treasurer introduced temporary measures, designed to last 6 months, to allow company officers additional flexibility in using electronic signatures (eSignatures) during COVID-19 restrictions. This might, therefore, be a good time to provide a brief overview of the situation regarding eSignatures.
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The current business environment and impacts of COVID-19 are providing various challenges to business communities around the world.
It is anticipated by many economists that, despite the efforts of governments to support their business communities and individuals, there will still be significant fallout relating to trade credit risks into the future.
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Trade credit insurance is the ultimate protection against bad debts, where you have your debtors insured against the risk of insolvency, protracted default or political events.
Credit risk management is a vital tool used to protect the financial health of your business. Our credit risk management service is proactive and designed to grow your company's sales...
Good credit management should ensure that customers pay on time, we understand that this is not always the case and not everyone has a trained and dedicated credit manager.
Over the years we realised that while our core product was insurance broking, our business was actually about protecting the profitability of our clients.
