Late payments continue to be on the rise, impacting various industries differently in the Australian economy. illion’s trade bureau helps report on these shifts by monitoring payment behaviour between businesses and suppliers.

Over the last 12 months, the Construction and Manufacturing industries have been stand outs, with a 49% and 31% increase in late payment times…

Many mortgage lenders have reduced the time it takes for consumers to get a new home loan or refinance.

In the last two years, there has been a steady decline in the time it takes from an initial enquiry to an account being funded.

While non-Big-4 lenders have traditionally been providing the fastest onboarding and approval processes…

Recent data shows more young homeowners in Australia and New Zealand are falling behind on their mortgage payments, with the youngest borrowers struggling the most.

Find out more in our Economic Snapshot.
Behind the Data: The who, what, where, when and why behind the data
Who: The analysis is compiled by Louis Tsang, Head of Analytics at illion.…

As cash rate increases flow through to higher repayments, more Australian consumers are starting to struggle.

There has been a sharp increase in consumer delinquency rates in the past six months, beyond what we would expect to see seasonally.

Find out what our latest data is revealing in our Australian Economic Snapshot belowRead more Insights or follow our LinkedIn…

Are you feeling the pinch of rising costs? Recent data from illion has revealed that rising essential living costs have created a selective consumer landscape with local business expected to suffer the most.

Find out what the latest data in our latest Australian Economic Snapshot which includes analysis on how consumers are winding back their spending…

With the overall stress in the Australian market starting to impact company financials, late payments times are starting to increase.

Find out what the latest data shows, including a breakdown of those industries hardest hit, in our latest Australian Economic Snapshot below.

Click through to see the full results.Read more Insights or follow our LinkedIn page for…

Record inflation figures in 2022 meant that RBA has had to lift cash rates to record levels not seen since before 2014.

illion data shows stress is starting to materialise, with consumer delinquencies in some unsecured credit products starting to rise. Mortgage delinquencies have yet to materialise, but as the cash rate increases flow through to…

Inflationary pressures have started to cause structural shifts in Australian consumer spending patterns with some industries increasing their total spend and others cutting back.

Find out what the latest data shows in our latest Australian Economic Snapshot below:Read more Insights or follow our LinkedIn page for more updates

In our latest Australian Economic Snapshot, we provide an insight into the current personal loans lending activity in the Australian market, revealing an interesting relationship between an individual’s credit score and their subsequent approved credit limit.

Find out more below:Read more Insights or follow our LinkedIn page for more updates

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…