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Insurer concerned at spike in claims for bad debts

Insurer concerned at spike in claims for bad debts

A weaker economy appears to be flowing through to business debts, with one credit insurer reporting a major surge in the number of Australian firms making insurance claims for unpaid invoices.

  • Shared by MyBusiness
  • August 08, 2019
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The latest NCI Trade Credit Risk Index, a quarterly survey of credit risks for Australian businesses, recorded a 50 per cent jump in the number trade credit insurance claims made between the March and June quarters this year.

Read more at MyBusiness

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