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RESEARCH AND BRIEFINGS

Trade Credit Policy Solutions Just in Time

 


With the number of businesses entering into receivership on the rise, now’s the time for all organisations to consider instruments that may help cover their bottom line.

Insolvencies have been front and centre since the start of 2016, with a number of high profile businesses entering into administration in Australia.

This is indicative of a broader trend and data shows the number of insolvencies in Australia has been on the rise. According to the Australian Securities and Investments Commission’s latest figures, there were around 10,404 registered company insolvencies in Australia in 2015, a rise of 1610 entities compared to the 2014 figure of 8,794*.

Read the full article Trade Credit Policy Solutions Just in Time.

*Insolvency statistics - Series 1 Companies entering external administration, accessed 08/01/16.

"Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by Jardine Lloyd Thompson Pty Ltd (ABN 69 009 098 864, AFSL 226 827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions.

This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from Marsh on request.