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Credit Management in the Construction Industry – an overview
Construction is the third largest industry in Australia for the number of people it employs and its GDP (Gross Domestic Product) contribution. However, it is the second largest industry when it comes to corporate insolvencies, with an average of 1,552 per annum.
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Insolvency Numbers for Construction Industry
Wayne Clark forecast that there would be 101 insolvencies for the Construction Industry for February. What did ASIC's actual number state? Read on….
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Benefits of Personal Property Securities Registration (PPSR)
Security over Personal Property. Utilising the Personal Property Securities Registration (PPSR) can be an effective recovery tool. But you have to get it right.
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5-Star Review by Bradnam’s Windows & Doors
Read this 5-star Google Review by Bradnam's Windows & Doors describing the benefit gained from membership of BICB.
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Small Business Insolvency Reforms
Nicholas Boyce of Results Legal spoke at recent BICB seminar on, 'Understanding the small business insolvency reforms and how this impacts you, the creditor.' Important information for every business.
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Understanding the small business insolvency reforms and how this impacts you the creditor
After a year of unprecedented change we have seen various legislative changes and the introduction of the small business insolvency reforms. As creditors it is important that we understand the impact this has on you and your customers.
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Overcoming the abuse of insolvency laws by related party creditors: turn a challenge into an opportunity for your business
Insolvencies are predicted to hit record numbers in 2021. Unfavourable director friendly DOCA’s seem to be part of the insolvency landscape.
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Construction Industry Insolvencies, What can we expect in 2021 and Beyond?
Unprecedented fiscal stimulus led to a drop in insolvencies in 2020, but the full picture may not emerge until the second half of 2021.
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Does a Client Have an Adverse Credit History?
Knowing the past credit history of a company plays in a key role in how you trade with them. BICB provides these valuable insights for our members.
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New Service Coming to BICB Members
A new service coming to BICB Members is a report that shows at a glance the pattern that indicates the health or otherwise of a business long before it fails. This $11 report could save a business thousands in potential bad debts.
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How do My Customers Pay Other Suppliers?
Knowing how your customer is paying other suppliers particularly over time is important for a credit manager. BICB provides that information.
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The Burning Question: ‘Will I Get Paid?’
