Trade Credit Risk Index
Australian Insolvencies at record highs
The Trade Credit Risk Index has reached its highest point since Q2 2020.
Q1 2024 Index Score: 768
Note: The NCI Trade Credit Risk Index score is based on an aggregate of claims data. collection activity, credit limit decisions and overdue accounts.
Movements from the previous
quarter: Q1 24 v Q4 23
+
14
%
Value of claims
lodged
+
52
%
Number of collections lodged
+
13
%
Overall TCRI
score
+
11
%
Number of serious overdues reported
Incoming collection
matters in Q1 2024
1,213
From which industries did
claims come in Q1 2024?
Claims in Q1 2024
352
Number of claims lodged
$
32
m
Value of claims lodged
315
Number of claims paid
$
16
m
Value of claims paid
Notable businesses entering
administration in Q1 2024
Where did Q1 claims
occur by number?
| State / Territory | Share of Claims |
|---|---|
| VIC | 31% |
| QLD | 28% |
| NSW | 23% |
| ACT | 6% |
| WA | 6% |
| SA | 4% |
| NT | 1% |
| TAS | 1% |
31%
28%
23%
4%
6%
6%
1%
1%
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