From creditorwatch.com.au: CreditorWatch’s Business Risk Index for January 2025 shows improved conditions for Australian businesses, with a significant drop in trade payment defaults and first-time insolvencies compared to the previous year.
However, the anticipated tariff regime from the Trump administration may negatively impact growth, particularly in export-reliant sectors such as manufacturing and transport.
The Food and Beverage Services sector is currently facing the highest levels of insolvencies, reflecting ongoing cost-of-living pressures and reduced consumer spending.