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How to de-risk your supply chain and optimise the credit-to-cash process
Published: February, 1st 2023
As published in the Australian Institute of Credit Management January 2023 Issue.
Many companies benefited from a decade of low-interest rates and the fiscal policy measures put in place to minimise the impacts of COVID-19. However, these measures eventually had to taper. Throughout 2022 the Reserve Bank of Australia (RBA) raised interest rates by 300 basis points, finishing with a 25-basis point hike to 3.10 per cent at the December meeting.