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

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