Welcome to our White Paper - 10 Catalysts Behind A Not So Perfect Financial Storm on Its Way To the Australian Economy in March 2009
This paper was written on 17th January 2009
The enclosed white paper looks at the problems the Australian Economy is about to face in the first quarter of 2009. In this paper we will look at the 10 key catalysts that collectively could push us well into Recession. If only half of what we suggest happens - watch out for the increased levels of insolvencies in March 2009.....
"The Ides of March" were important for Julius Caesar in 44BC – courtesy of Marcus Brutus – even after being forewarned by his soothsayer Titus Vestricius Spurinna. Now whilst the powers of fortune telling and predicting the future might rest in fiction and with Gypsy Lee, there are an unnerving set of circumstances that are all pointing towards March 2009 as having the potential to be a very uncomfortable time for all of us within the Australian Economy.....even a corporate bloodbath. Unnecessary scare mongering? The White Paper considers some evidence, supported by potentially unsettling analysis.
This paper looks at some difficult issues and in some corners will be viewed as controversial. Whether you believe the analysis or not is a matter of judgment but the key issue is that the Australian economy is demonstrating marked weaknesses, which will made worse by the banks unwillingness to lend in the current environment. Now is a very serious time not only to consider credit insurance to protect your business from potential bad debts but to also re-assess your own cash flow and risk positions.
Is your house on the line for your business finance?
Are Your suppliers making it harder to get credit?
Credit is increasingly getting harder so consider at least think about planning ahead. Debtor Finance, factoring and invoice discounting offer growth finance without real estate security - and represent an increasingly viable and interesting alternative to traditional Bank Finance.
If you are new to factoring, you may want to have a look at our other white paper :
In the meantime if you have any further queries regarding our white papers or the options for cash flow finance - stock finance as well as debtor finance (factoring and invoice discounting) then please do looks at not hesitate to contact us and we will be pleased to help.
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