Region debt level concerns

Regional businesses are optomistic about next years predictions but still have a number of concerns.
Regional businesses are optomistic about next years predictions but still have a number of concerns. Donna Jones

REGIONAL business confidence is on the rise according to new research from Prushka Fast Debt Recovery, with 68% of businesses expressing some level of confidence with their current position, compared with 43% six months ago.

Prushka's Canary in the Coal Mine survey of 270 regional business clients from across Australia found 47% are aiming for growth in the coming year.

Despite the overall positive environment for businesses however, there is an undercurrent of uncertainty about the future, with 47% of respondents feeling the economy has had a negative impact on their business in the past year.

Profitability is a major concern for regional businesses with 58% citing it as their biggest worry for the coming year, followed by cash flow (42%) and growing their customer base (39%).

Regional businesses are also finding it more difficult to recover their debts, with 46% saying it has become harder in the past 12 months, higher than the national average of 42%.

Alarmingly, 62% of regional businesses are waiting more than 90 days before referring debts to a collection agency.

Experts suggest making personal follow-up calls to debtors can improve the percentage of invoices kept within acceptable limits.

Gympie Times

Two people dead, six injured in stabbing terror

Police officers gather at the site of a multiple stabbing on the Market Square in Turku, Finland

Police shot one suspect and six people were hospitalised

Elderly man says he is not a hypocrite or a bigot

This letter writer rejects the claim his generation is full of bigots and his church is full of hypocrites.

Letter writer from 'older folk' not happy

Redefining marriage 'an attack on freedom': Shelton

Lyle Shelton from the Australian Christian Lobby. Photo Contributed

'I will always believe the truth about marriage'

Local Partners

Taylor Swift wipes presence off social media

TAYLOR Swift has completely disappeared off social media — and her fans don’t know what to think.

What's On? 10 things to see and do this week

Judah Kelly will be rocking the Muster stage this week

There's plenty to see and do this week

Swedish TV drama turns up heat

Louise Nyvall stars in the Swedish TV series Farang.

Scandinavian crime thriller goes troppo

Aboriginal artists' call to action

Anwar Young, winner of this year's overall prize and last year's young artist prize.

Important messages of survival and healing

Radio host Matt Okine leaps to small screen

Valene Kane, Matt Okine and Harriet Dyer star in the TV series The Other Guy.

First foray into acting a long time in the making

Hollywood’s new highest paid actress

Jennifer Lawrence had to settle for third this year behind Emma Stone and Jennifer Aniston.

CAN you guess who has dethroned Jennifer Lawrence?

Movie trailer dubbed too racy for TV

Alicia Vikander stars in Tulip Fever.

THE trailer for Tulip Fever is so saucy some networks have banned it

New Gympie real estate mag has everything you need

Look out for SOLD ON in The Gympie Times on Wednesday.

The first Gympie edition of Sold On will be out on Wednesday

EXPLAINED: What the 'Costco effect' means for Ipswich

PRICE WARS: A Costco store similar to this one in Canberra, is planned for Ipswich.

Exclusive 'cult' about to change how families do grocery shopping

4800 homes to be built in massive new Coast estate

Masterplanned community full steam ahead - it's not Caloundra South

Open for inspection homes August 17 - 23

Check out this weekend's homes open for inspection.