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Bulletin TV interview with 180 Group Executive Director Greg Woszczalski.
Receivables finance grows 6.6% in March Quarter - Insights from IFD
24/05/2011The latest figures on the receivables finance industry released by the industry body, The Institute for Factors and Discounters (IFD), show a rise in receivables finance to Australian businesses in the March 2011 quarter to $14.3 billion, compared to $13.4 billion in the March 2010 quarter.
Read Full ArticleFactoring and Discounting in Australia - Insights from IFD
12/05/2011Receivables finance turnover in Australia in 2009 was A$63 billion. This compares to A$8 billion in 1999, an eight -fold increase in ten years.
This period has witnessed the continuing acceptance of receivables finance within the Australian financial system, and the maturation of the product has resulted in the continuing dominance of invoice discounting to the point where discounting now represents ninety five percent of the receivables finance market.
Read Full ArticleIFD Statistics for December Quarter
24/02/2011Total debtor financing turnover in the December 2010 quarter was $16.1 billion, a reduction of 2.9% on the same quarter in 2009 but an increase of 7.4% on the September 2010 quarter.
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