Having drawn from the expertise of Atradius Collections' local offices, the International Debt Collections Handbook explains the different regulations and procedures for debt collections in Australia.
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Access a snapshot of the credit risk situation and business performance of 14 major industries in your country. The forecast is based on the assessment of Atradius underwriters.
Despite low confidence and modest 1.2% GDP growth in 2019, the construction sector performed quite well in terms of volume, and value added increased more than 2%.
Over the past years construction investment and valued added grew at a faster rate than GDP, benefitting from robust economic growth in Spain, increased foreign investment and low interest rates.
Corporate insolvencies are expected to grow 2.4% in 2020, a pronounced acceleration from the 1.4% increase recorded in 2019, largely resulting from the coronavirus outbreak
Andrés Manuel López Obrador of the the leftist Morena party governs with a strong political mandate, as a Morena-led coalition has a majority in both houses of Congress.
A hard Brexit and an escalation of EU-US trade disputes are downside risks for export-dependent food companies in the olives/olive oil and meat segments.
Despite efforts of food exporters to diversify shipments away from Britain a hard Brexit remains a major threat, potentially leading to more insolvencies.
In the Belgian food retail segment a comprehensive price war cannot be ruled out for the future, potentially forcing many businesses out of the market.
While businesses´ profits are still stable and financials mainly solid, environmental issues pose a potential major challenge for agriculture and food.
The ongoing concentration process in the domestic market will increasingly put small retailers with a poor capacity to generate cash flow under pressure.
A modest margin rebound, but commodity prices, price wars between retailers, changing consumer habits and difficulties in staff recruitment remain issues.