Late Payment times rose during the fourth quarter of 2016, marking a fitting end to a year which saw late payment times track a jagged path following two years of sustained falls.
Employment expectations for the June quarter of 2017 are at a more than three-year low.
As 2016 draws to a close, business confidence for 2017 remains strong. Dun and Bradstreet's December Business Expectations Survey shows that companies are expecting to see increased employment, profits, capital investment and selling prices for the first quarter of 2017 compared to the previous quarter.
Business sentiment moving into the first quarter of 2017 remains high, with Dun and Bradstreet’s November Business Expectations Survey indicating increased expectations for sales, employment, profits, capital investment and selling prices compared to the previous quarter.
Businesses are expecting a strong start to 2017, with expectations for profit, employment and capital investment at multi-year highs.
Business failures across Australia soared during the third quarter of 2016.
Average business time to pay a bill in Australia is at an historic low - now 44.8 days, but New Zealand businesses pay more quickly with an average of 34.9 days
Dun & Bradstreet (D&B) is pleased to announce the successful launch of the new Insurance Reference Services (IRS) database of Australian motor and home insurance claims.
Business is looking forward to a mostly merry Christmas.
Businesses are optimistic going into the final quarter of 2016 following an improved performance in the second quarter.
Business expectations for sales, profits and employment have bounced back for the three-month period to 31 December 2016, according to Dun & Bradstreet’s July Australian Business Expectations Survey.
New businesses across Australia rose sharply during the second quarter of 2016. According to Dun & Bradstreet’s latest analysis of New and Failed Businesses, the number of start-ups rose 4.8 per cent compared to the same period last year, and 36.7 per cent on the previous quarter.
The recent trend of increasingly faster payment times stalled during Q2, with Dun & Bradstreet’s Australian Trade Payments Analysis revealing businesses in all states recorded a slight increase in the time taken to settle invoices.
Further weakness in business conditions is expected for the three-month period to 30 September 2016.
Dun & Bradstreet legal firm Milton Graham Lawyers appointed to Commonwealth Legal Services Multi-Use List
The legal firm wholly owned by leading data business Dun & Bradstreet has been appointed by the Australian Government’s Attorney-General’s Department to the Commonwealth Legal Services Multi-Use List (LSMUL).
Leading credit data bureau and collections agency, Dun & Bradstreet, has appointed David Scognamiglio to Director of Consumer Markets in ANZ.
The results from Dun & Bradstreet’s May Business Expectations Survey have highlighted a continued downward trend in expectations for the three-month period to 30 September 2016.
Australian businesses settled their invoices at a record pace for the fourth consecutive quarter with an average rate of 43.7 days for the first three months of 2016.
The number of failed businesses in Australia increased by 7 per cent in the first quarter of 2016 compared to Q4 of 2015.
The results from Dun & Bradstreet’s April Business Expectations Survey have highlighted another drop in expectations, with businesses maintaining gloomy forecasts for the three-month period to 30 September 2016.
The results from Dun & Bradstreet’s March Business Expectations Survey have highlighted a second consecutive decline in expectations, with businesses issuing subdued forecasts for the three-month period to June 2016, despite reporting an improved actual performance over the previous quarter.
Marketplace lending company DirectMoney Limited (DirectMoney) has signed an agreement with Dun & Bradstreet, bringing DirectMoney into the Australian Comprehensive Credit Reporting (CCR) community.
The results from Dun & Bradstreet’s February Business Expectations Survey have highlighted a sharp decline in expectations for the second quarter, with businesses issuing gloomy forecasts for the three-month period to June 2016.
Dun & Bradstreet (‘D&B’) is pleased to announce that it continues to be a trusted supplier of choice for the Department of Human Services (‘DHS’) after being awarded a renewal of its contract for the provision of Mercantile Agent Services for Debt Recovery.
The number of failed businesses in Australia fell by 10.6 per cent in the fourth quarter of 2015, down from a two-year high in the previous quarter.
The results from Dun & Bradstreet’s January Business Expectations Survey have highlighted a third consecutive period of subdued expectations, with businesses reporting a pessimistic outlook for the second quarter of 2016.
Australian businesses continued to settle their invoices at a record pace of 44.1 days on average for the last quarter of 2015.
The results from Dun & Bradstreet’s December Business Expectations Survey suggest both caution and optimism in the Australian business landscape as 2016 kicks off.
Dun & Bradstreet (D&B) welcomes the Australian Competition and Consumer Commission (ACCC) decision to grant authorisation to the Australian Retail Credit Association (ARCA) in relation to the Principles of Reciprocity and Data Exchange, effective 25 December 2015.
Dun & Bradstreet’s latest Business Expectations Survey indicates a fairly subdued outlook for the first quarter of 2016, as results continue to fall short of expectations. As the new year approaches, business are reporting lowered expectations for activity across Sales, Profits, Employees and Capital Investment.
Australian consumer credit bureau Dun & Bradstreet and peer-to-peer lender RateSetter are pleased to announce that they have partnered together for the provision of comprehensive credit reporting data.
The number of failed businesses in Australia jumped by 17.7 per cent in the third quarter of the year, compared to figures from the third quarter of 2014, with all states and territories experiencing an increase in the number of firms that sought legal relief from creditors or ceased operations without paying their creditors in full.
Dun & Bradstreet (D&B) is pleased to announce that the Australian Tax Office (ATO) has chosen to renew its contract for the provision of debt management services.
The optimism seen in September’s Business Expectations Survey has waned in October, with businesses flagging a drop in sales, selling prices, employment, profit and investment in the first quarter of 2016. A decrease across all expected indices has not been seen since the June quarter of 2013.
Australian businesses settled their invoices at a new record-setting pace of 45.1 days on average in Q3 2015. This compares to 49.2 days in the previous quarter and 51.7 days in the same period last year, as revealed by Dun & Bradstreet’s latest Trade Payments Analysis.
Businesses are continuing to pay their invoices at the fastest rate on record despite ABS figures showing that growth in the Australian economy slowed to 0.2% in the June quarter.
Businesses are expecting to see increased activity as we approach the end of the year, with profit, sales and employment activity all expected to rise during the final quarter.
Confidence has continued its upward trajectory in the corporate sector, although businesses remain cautiously optimistic as concerns over weak demand and low consumer confidence weigh on their outlook for the final quarter of 2015.
Sales expectations have rebounded sharply, reaching their highest level for more than a decade in a strong signal the business community has a more optimistic outlook for Q4 2015.
Near-term price expectations have dropped sharply, with persistent moderate activity in the economy leading more businesses to reconsider the level at which they sell their goods and services.
Despite an Australian economy growing at a moderate 2.3 per cent according to March quarter figures released by the ABS this month, the latest data on trade payments reveals that businesses are paying their invoices at the fastest rate on record.
Dun & Bradstreet Shifts to Partnership Model in Australia/New Zealand Market to Focus on Core Commercial Strategy
Dun & Bradstreet (NYSE: DNB) today announced it is shifting its Australia/New Zealand (ANZ) business to a Worldwide Network partner model.
Business expectations for the start of the next financial year have dropped sharply despite business friendly concessions in last month’s Federal Budget.
While this month’s Federal Budget appears of little concern, weak demand and consumer confidence are weighing on Australian businesses, which have again lowered their near-term expectations.
The number of failed businesses in Australia has increased by 7.8 per cent in the first quarter of the year, compared to figures from the first quarter of 2014, with all states and territories experiencing a rise in the number of firms that sought legal relief from creditors or ceased operations without paying their creditors in full.
Despite a general pull-back in the near-term business outlook, corporate hiring intentions for the second quarter of 2015 remain resilient.
Despite earlier indications that the business sector would take steady steps forward this year, the latest survey of Australian firms reveals that expectations and levels of optimism have returned to 2014 levels.
The number of failed businesses in Australia leapt 8.2 per cent in the fourth quarter of the year, with all states and territories experiencing a rise in the number of firms that sought legal relief from creditors or ceased operations without paying their creditors in full.
After reporting a strong end to the year the business sector has trimmed its short-term outlook for sales and profits, while indicating plans to increase employment.
After easing in the lead-up to Christmas, prices are expected to begin rising this year with 31 per cent of businesses intending to lift their selling prices in the first quarter, while just four per cent will discount.
The recent performance of Australian businesses is failing to meet their own expectations as a continuation of below-trend growth in the economy begins to impact reported activity this year.
Dun & Bradstreet has updated its Global Economic Outlook to 2018, including regional insights, updates and downgrades based on its assessments of 132 countries.
The average time taken for Australian businesses to pay their invoices has fallen to the lowest level since the third quarter of 2007, in signs that operating conditions have strengthened this year and the business sector's cash position is improving.
This year's gradually improving business outlook looks set to continue into 2015, with the latest survey of Australian firms revealing that an increasing number expect to lift their sales and profits, sell their goods and services at higher prices, and invest more in their operations during the first quarter of the New Year.
Business owners are optimistic about seeing a jump in sales during the run-up to Christmas, with retailers and the services industry lifting their forecasts for the final quarter of the year despite signs that consumer confidence in Australia is faltering.
After jumping to a three-year high during the first quarter of 2014, the average time taken for commercial invoices to be paid has fallen sharply to 53.4 days as businesses get their finances back in order and pay more of their bills within standard terms.
The level of financial stress in Australia is forecast to reach a new high for a third quarter of the year as consumers' financial capacity strains under the weight of high household debt, weak wages growth and fragile sentiment.