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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.
The payment terms of Australian firms have declined for the second consecutive quarter, providing further evidence that local economic conditions are improving.
Continue reading …Business-to-business payment terms have reached three-year highs, and the number of firms now paying their bills in a severely delinquent manner has risen dramatically with the deterioration most pronounced among smaller firms who have historically been a
Continue reading …Capacity issues and fierce competition for skilled labour looks set to return as a feature of the Australian economy as firms report their strongest expectations in many years for inventory and employment growth.
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