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Latest News

Keeping our clients informed

What’s been happening in the world of trade credit? See here for all the latest news, articles and events.

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A Word From The Managing Director: Kirk Cheesman
A Word From The Managing Director · 28.02.24

As 2024 begins, we are thrilled to announce the official launch of our latest product, easyAR! This innovative platform is designed to revolutionise the management and maintenance of accounts receivable, providing our clients with an automated and efficient solution.

PPSR: Amendments on the Horizon
PPSR · 20.02.24

One of the things that was introduced along with the PPSA well over a decade ago, was a requirement that it be subject to an official review after 3 years of its operation – primarily to assess its effects on both Australian businesses and consumers as well as the potential for implementing efficiencies and greater simplification.

St Hilliers Contracting Goes Bust
General · 20.02.24

St Hilliers Contracting, established in 1998, experienced rapid growth between 2021 and 2023. However, despite operational expansion, financial reports revealed concerning losses in 2022 and 2023.

Trade Credit Risk has seasonal dip and points to an economic soft landing – Stephen Koukoulas
Trade Credit Risk Index · 5.02.24

The NCI Trade Credit Risk Index fell 2.1 per cent in the December quarter 2023, partly unwinding the steady rise in the index since the low point in the December quarter 2021.

Retail Realities: Godfreys Journey through Financial Turbulence in Australia
General · 2.02.24

Godfreys, a prominent Australian retail chain specialising in vacuum cleaners and related products, faced a challenging financial situation that eventually led the business to enter voluntary administration.

easyAR can save your business time and money!
easyAR · 5.12.23

Cashflow is the lifeblood of a business! This new tool helps you get paid faster and it will save you time! Imagine what you and your team could do with so many more free hours per month!

But wait, there’s LESS!
easyAR · 4.12.23

But wait…. there's LESS!
If you lived through the 90s, you could not escape the infamous salesperson, Tim Shaw, and his favorite saying “but wait…there's more!”
Fast forward a few decades and most people (especially in business) are looking for less, rather than more. For example, less time spent on tedious tasks, less costs, less resources, less administration, less noise and interruptions, so they can focus on getting on with their main duties.

A Word From The Managing Director: Kirk Cheesman
A Word From The Managing Director · 24.11.23

I recently watched a presentation by NCI’s Economic Expert, Stephen Koukoulas. Various charts detailing statistics since 2009, showed a roller coaster ride on many economic factors. In fact, many of these charts showed significant falls in 2020, significant increases during 2021 and 2022, and now significant falls in 2023.

Trade Credit Risks rise as the economy slows – Stephen Koukoulas
General · 24.11.23

The broadly based but moderate slowing in the Australian economy continues to impact the NCI Trade Credit Risk Index. The TCRI rose 1 per cent in the September quarter to reach its highest level in three years, which was during the early stages of the COVID pandemic. It has risen in six of the past seven quarters.