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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 / TerritoryShare of Claims
VIC31%
QLD28%
NSW23%
ACT6%
WA6%
SA4%
NT1%
TAS1%
31%
28%
23%
4%
6%
6%
1%
1%

Download The Report