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  • Sep 14 2022 14 September 202224 January 2024

    Economic Snapshot September 2022

    New data reveals the extent of the current debt plight of Australians, with a rapid growth in personal loan delinquency rates.

    Find out what the latest figures are across the banking sector in our latest Australian Economic Snapshot below:Key Australian industries are struggling to avert insolvency.

    While insolvencies in most industries have remained below pre-COVID levels in…

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  • Aug 18 2022 18 August 202227 March 2024

    Credit Card Nation 4: What’s happening with credit cards?

    Our experts have summarised the key information regarding the credit card market in Australia.
    Read more
  • Aug 14 2022 14 August 20223 October 2022

    Economic Snapshot August 2022

    As the cost of living continues to soar, Australians who’ve entered debt collection arrangements are facing an even deeper crisis.

    Can they continue to keep honouring their payment commitments?

    Find out what we’ve discovered in our latest Australian Economic Snapshot below:Is Australia facing an insolvency time bomb? Current data reveals a significant increase in Australian business insolvencies.

    Find…

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  • May 24 2022 24 May 202227 March 2024

    How fear of missing out has increased home ownership risk

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  • May 23 2022 23 May 202227 March 2024

    First-time homebuyers bite off more than they can chew

    A new report published by illion reveals that the average Australian mortgage holder could be $15,000 worse off each year, with rising servicing costs and inflation pressures. This may lead to a much broader economic impact which could send Australia into a recession. New homeowners under 35 appear to at greatest risk. If they are…

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  • May 13 2022 13 May 202227 March 2024

    Young borrowers who refinance most at risk of default

    The risk of credit default, as inflation and interest rates rise, is highest among borrowers who refinanced recently, especially if they are under 35, according to new research.

    Credit bureau illion has released its latest Mortgage Nation 2 report, which says others at high risk include recent borrowers in western Sydney, south-western Sydney, outer Brisbane, Perth,…

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  • Mar 19 2021 19 March 202127 March 2024

    Will your business get paid more quickly in 2021?

    A key litmus test for the state of the economy is the number of days it takes for businesses to pay overdue bills.

    illion’s Trade Late Payments Report is the most comprehensive in the market. Our latest report for the 2020 December quarter shows the Australian economy has some way to go before businesses can rest…

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