By Simon Bligh, CEO illion
AUSTRAC has recently released the latest in a series of risk assessments into money laundering and terrorism, focusing this time on Australia’s mutual banking sector. This insightful report  has confirmed AUSTRAC’s overall assessment of the money laundering and terrorism funding risk for mutuals is medium, however some specific risks that need […]

Customer satisfaction wins

The growth of the mortgage broker channel in recent years is giving consumers more choice when selecting an intermediary to broker the best home loan deal for them. Earlier in 2019, the industry achieved a record 60% share of broker originated loans, and this was during a period of restricted credit. Now, with […]

Australia’s home loan secrets revealed for the first time
illion’s inaugural Mortgage Nation: The Great Australian Debt Report analyses the actual banking and mortgage records of almost five million Australians, making it one of the most detailed and credible in the country.

Our new report is chock full of amazing new insights, for instance, we have found […]

A new report on the Australian construction sector has confirmed the sector is weakening under pressure from the early stages of a sharp downturn.

illion Economic Adviser Stephen Koukoulas said the construction industry was a key barometer for the broader economy.

“The construction industry is currently in a sharp downturn, with dwelling construction the main concern. By […]

Australians ditch plastic while spending rockets
Australia has now reached what many are calling peak card, as credit card usage in Australia declines at an accelerating pace and gives rise to the question – has the credit card outlived its usefulness?

Credit Card Nation takes a deep dive into Australian spending and payment patterns, the potential reasons […]

illion launches Australasian-first credit profiling for business
Data and analytics company illion has delivered another innovative business solution, launching Credit Simple for Business via its Credit Simple platform. The free online credit scoring tool enables companies to instantly assess the risk profile of their own business.illion CEO Simon Bligh said the announcement was just the latest […]

Millions of Australians gain access to more financial information as illion prepares for Comprehensive Credit during September
illion, the data and analytics business, today announced they had completed loading the big four banks’ unsecured portfolios’ Comprehensive Data into their credit bureau.

The financial industry and illion have been lobbying the government to enable Comprehensive Reporting for over 20 […]

illion combines fintechs Credit Simple and Proviso in world-first to launch Money Simple
Data and analytics company illion has expanded the Australian fintech ecosystem with the launch of Money Simple, a free online budgeting tool that will save consumers money, empower them to take control of their data and promote financial literacy.illion CEO Simon Bligh said […]