Nearly two in five retail debts in Australia were not paid within 30 days in April, highlighting mounting cash flow pressures across the sector despite relatively stable business lending, according to new Equifax data. The report found the proportion of retail debt paid within 30 days fell to 61 per cent in April from about 90 per cent in March, marking its lowest level since December 2024. Severe delinquencies also climbed, with debts more than…
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