More than half of Australian executives are being negatively impacted by late payments, even though payment behaviours improved slightly during the June quarter.
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Close to 80,000 Australian companies had their risk profile downgraded in the first three months of 2010 and are now more likely to experience financial distress over the coming year, despite the strength of the economic recovery.
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The payment behaviour of Australian firms could de-rail the economic recovery, with terms deteriorating for the third consecutive quarter despite improving business conditions.
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Sixteen countries around the globe have had their country ratings downgraded since the start of 2010, however, the continuing improvement in the local macroeconomic environment has resulted in Australia's risk trend being upgraded.
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Australian executives are looking to finish the financial year strongly, however, strong expectations for employment growth and increased selling prices and concerns about wage increases point to capacity constraints in the economy.
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Australian firms face the prospect of renewed cash flow pressures in the months ahead, according to the latest business-to-business trade payments figures released by credit reporting agency Dun and Bradstreet.
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The risk of sluggish and weak growth this year is becoming increasingly apparent despite the healthy pace of expansion that is occurring in the global economy entering 2010.
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More than 60 countries around the world are expected to record lower output in real terms in 2010 than in 2008 and even Australia, which is expected to experience a relatively robust rebound in domestic demand, will face challenges as 37,500 firms face po
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The payment terms of Australian firms have declined for the second consecutive quarter, providing further evidence that local economic conditions are improving.
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NTP Forklifts Australia has recently launched two new ranges of Jungheinrich battery electric counterbalance forklift trucks into the Australian market.
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The new Nuvi 465T speciality trucking GPS from Garmin has all the features of an in car GPS, along with specialised routing options and truck friendly points of interest
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In today's busy material handling world the demand on productivity is high. This often increases risk. Bearcat Tyres can solve some of the daily issues by way of their Tyre Watch tyre pressure monitoring systems - or TPMS
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An exciting opportunity with substantial earnings potential if you can convert business opportunity into new revenue streams is available in our WA and QLD office.
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