Sep 18 2019
12 million Australians should see their score improve
Comprehensive Credit Reporting (CCR) will make the Australian financial system more stable and introduce more competition into the $1.8 trillion mortgage and credit card markets.
By Tuesday 17 September, the mortgage repayment data of […]
Sep 16 2019
Australian businesses paying their bills in record time; SMEs never had it better
The financial stress suffered by the Australian agriculture sector during the past year has been confirmed with a 26 per cent increase in the time it takes Australia’s […]
Aug 06 2019
Retail sector a ray of sunshine amidst the gloom
The latest illion Business Expectations report has revealed the retail sector is more upbeat about trading conditions than any other sector. illion’s survey of more than 1,200 business owners and executives found […]
Jul 23 2019
Regional Australians outpace city dwellers on credit cards
Australians are cutting up their credit cards in droves but regional Australians have become the highest users of credit cards.
Credit Card Nation 2 found that while the overall number of credit cards fell […]
Jul 11 2019
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.
Jun 12 2019
Australian businesses paying their bills in record time
Payment times for Australian businesses have improved by 10 per cent year-on-year to 10.5 days, the best level for March late payments on record. This suggests that business confidence is improving. Comparing payment […]
May 06 2019
Aussie business confidence drops to an 18-month low
Business confidence for the second quarter of 2019 has fallen sharply, as uncertainty over the Australian election result and global issues like Brexit and US-China trade disruptions continue to put a dampener on […]
Mar 10 2019
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?
Jan 15 2019
Business confidence plummets
Business confidence for the first quarter of 2019 has collapsed, according to illion’s latest Business Expectations analysis. The Business Expectations Index for the March quarter stands at 20.9 points, down 7.1 per cent year-on-year and the lowest level […]
Dec 11 2018
Business paying bills in record time
Australian businesses continue to set records for paying overdue bills faster, with illion’s Late Payments analysis showing a new low of 10.4 days at the end of September 2018.“Over past few years the Small Business […]