With the launch of our inaugural Australian Commercial Risk Barometer, we hosted a list of illion experts at the illion Australian Commercial Risk Barometer Webinar to discuss insights from the Barometer in more detail.
A significant finding shows that business failure risk has risen by more than 6% in the 15 months to March 2024, and ultimately, insolvencies in 2024 may be up to double those seen in 2023.
Our list of panelists include:
Michael Landgraf
Manager, Bureau Analytics, illion
Barrett Hasseldine
Head of Modelling, illion
Josh Hodgson
Head of International Sales, illion
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Australian Commercial Risk Barometer
illion’s inaugural Australian Commercial Risk Barometer reveals that business conditions have deteriorated significantly in the year to March 2024.
As a result, the number of businesses at severe risk of failing is now 80% higher than 15 months ago.
This is a report by Manager of Bureau Analytics, Michael Landgraf