In our latest episode, we present the November Business Risk Index results and analysis. CreditorWatch CEO Patrick Coghlan and index creator James O‘Donnell from Open Analytics discuss the key insights.

Economy fails to bounce back as strongly as expected post-lockdowns.

Trade activity continues to fall.

Defaults, external administrations, payment arrears and court actions have jumped.

Credit enquiries jumped 16.6%, indicating that business confidence is returning.

States that shut their borders but kept their internal economies going, such as WA and QLD are seeing their metro areas bounce back fastest.

Melbourne and Sydney CBDs remain the worst performing capital city centres with probability of default at historic high-levels due to depressed trade activity continuing post-lockdown.

Credit behaviour and performance scores are improving among the hardest-hit Western Sydney suburbs including Bankstown, Burwood, Ashfield and Strathfield.

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