PIONEER CREDIT ORD

The best and worst of times loom for ASX listed debt collectors

With apologies to Charles Dickens, it’s the best of times or the worst of times for the receivables management industry – known in less polite circles as ‘debt collectors’. Broadly speaking, the sector’s fortunes are inversely correlated to the economy, so swelling unemployment and consumer and business stresses imply rosy fortunes. But, too much misery […]

Tim Boreham