The Top 5 Industries At Risk Of Default Within The Next 12 Months

Slater Byrne Recoveries and it’s financial advisory partners have performed an analysis of the current state of Australian businesses from an insolvency and overall economic perspective.

The Report analyses industries within Australia where operating businesses are predicted to face financial hard times within the next 12 months.

Key Findings:

Nationally, the top 5 industries at risk of default within the next 12 months are:

  1. Construction
  2. Professional, Scientific and Technical Services
  3. Retail Trade
  4. Manufacturing
  5. Transport, Postal & Warehousing

One of the Top three causes of high commercial risk is inadequate cash flow. And the only way to combat the affects you need vigilance in accounts receivable and professional assistance with your collections.

Subscribe to our SBR Bulletin

Enter your email address to receive all news from our company