Australian firms face the prospect of renewed cash flow pressures in the months ahead, according to the latest business-to-business trade payments figures.
While Australia's economy is in better shape than most developed markets, the risk of sluggish and weak growth this year is becoming increasingly apparent despite the healthy pace of expansion that is occurring in the global economy entering 2010.
Supply chain risks remain prominent for Australian firms despite evidence that a global economic recovery is underway.
THE Australian manufacturing industry continues to get a battering, as well as facing major challenges in the wake of a global credit crisis.
Australian businesses continue to feel the pressure of the global economic downturn with payment terms rising to 57.6 days, following a steady increase since the global credit crisis was first identified in September 2007.
AUSTRALIA'S Export Credit Agency, EFIC, increased the support it provided to Australian companies exporting and investing overseas by 62% in the last financial year.
JAPAN has reached its lowest PMI reading since December 2001, with the Japan Purchasing Managers Index showed manufacturing activity fell to a seven-year low in October, suggesting conditions in the sector may be worsening as a global slowdown and credit crisis push the country further towards
A REPORT has found there is a growing demand for senior experience in executive management positions, as more mature workers are said to be able to better manage and weather hard times.
IT’S a phenomenon that some experts are calling the “perfect storm” – the convergence of events emanating from the US that have thrown world financial markets into turmoil, and with rising inflation, has pushed Australian interest rates to decade highs.