SYDNEY: With the Christmas quarter appearing to be a false dawn, new data released this week by illion credit bureau, as part of its inaugural Commercial Risk Barometer, reveals that business conditions have deteriorated significantly in the year to March 2024.

Year on year, the failure risk has risen: by more than 5% by the end of…

SYDNEY: New data released by credit bureau, illion, today as part of its Consumer Credit Stress Barometer for March 2024 shows that consumer credit stress fell (improved) in the second half of 2023 but is still 8% higher than two years ago. However, December has seen a halt to this improvement, suggesting a deterioration might be…

As interest rates have bitten hard into the budget of Australians in 2023, new research released by credit bureau illion today shows that households with a mortgage in Australia’s two major capital cities are continuing to struggle, whereas mortgage-holders in most other capitals are finally showing some early signs of a turnaround.

The same is also…

With many now believing that Australia’s inflation peak is behind us, and rising interest rates may be at or near to a peak, new findings released today by credit bureau illion, suggest companies be mindful that the resulting credit stress has not yet peaked.

Given that the RBA’s raising of interest rates aims to tighten credit,…

SYDNEY, 25 August 2023: New research released today by credit bureau, illion, has confirmed a strong relationship between the personal credit behaviour and business history of a company’s directors and the likelihood of that business failing.

illion has found a significant hidden risk facing Australian consumers and businesses who do business with potentially insolvent or nearly insolvent…