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Feb 27 2020 Five top tips for managing AML in the mutual banking sector.
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 […] -
Feb 24 2020 5 simple ways mortgage brokers can differentiate themselves from their competitors
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 […]
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Feb 24 2020 Mortgage Nation
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 […] -
Feb 21 2020 Unpacking ASIC’s updated Regulatory Guide RG209
Responsible lending guidelines for customer-owned banks and mutuals
The Australian Securities and Investment Commission has released an updated document called RG 209, which clarifies the responsible lending guidelines for all financial service providers under the National Credit Act.
RG209 – Credit Licensing: […]
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Nov 13 2019 Australian Late Payments Analysis: September Quarter 2019
Canberra’s improved payment times a boon for small business
illion’s September Late Payments report suggests Australian Public Sector reforms have resulted in a significant improvement in late payment times, bringing public administration into line with the rest of the country. The […] -
Oct 16 2019 Business Expectations, December Quarter 2019 Final Results
No holiday cheer for construction sector
Australian construction firms are expecting a subdued end to 2019, with the latest illion Business Expectations report revealing a sharp deterioration in December quarter forecasts.illion’s survey of more than 1,200 business owners and executives found […]
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Sep 18 2019 CCR will strengthen Australia’s financial system
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 […]
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Sep 16 2019 Australian Late Payments Analysis: June Quarter 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 Business Expectations, September Quarter 2019 Final Results
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 Credit Card Nation 2
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 […]