Australian Risk Climate: Cash Flow To Remain Under Pressure During 2011

Posted by Joachim Bartels | Jan 24, 2011 | Australia, Credit Information, Dun & Bradstreet, Dun & Bradstreet Australia, Member News | 0 |

Outstanding accounts on the rise To read the full story click on the link.

The cash flow of Australian businesses is expected to remain under pressure during 2011, with new research revealing that the number of firms with outstanding debts increased during the December quarter 2010.

The latest business payments research from Dun & Bradstreet reveals that an additional four percent of Australian firms failed to pay their trade credit accounts during the December quarter 2010 compared to the prior year. Alarmingly, the number of entities with severely delinquent accounts (90+ days past due) increased by more than seven percent.

Source: Dun & Bradstreet Australia

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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