Oct 16 2023
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,…
Aug 25 2023
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…
Aug 08 2023
SYDNEY 8th Aug 2023: New research released today by credit bureau, illion, shows that a rise in overdue trade invoices and debt collection indicates that business conditions for Australians are likely to deteriorate through 2023. The ‘retail’, ‘food’, and ‘construction’ sectors are especially vulnerable.
With financial stress from falling revenues and rising costs impacting business solvency,…
Apr 13 2023
Western Sydney the canary in the coal mine for commercial insolvencies and economic recession in 2023. Victoria’s Hume and Wyndham not for behind. Perth doing best.
11 April 2023: Businesses across the country are starting to feel the squeeze as consumer financial strain trickles down into business performance.
Credit bureau illion has released new data on the…
Sep 20 2022
Researchers uncover ‘pecking order of defaults’ as belts are tightened
20 September 2022: Consumers are staring down a wall of ﬁnancial uncertainty as interest rates continue to rise and the war in Europe shows no end in sight.
In a ground-breaking research project, the University of Sydney and credit bureau illion have conﬁrmed which ﬁnancial products are…
Jun 02 2022
03 June 2022: As the threat of money laundering and terrorist financing continues to evolve in Australia and New Zealand, maintaining visibility and ensuring sufficient information in an organisation’s customer portfolio is vital.
To that end, leading Australasian data and analytics provider illion has joined forces with FinScan, a global leader in AML consulting and compliance…