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 […]
Dec 04 2018
Construction woes weigh on index
illion’s latest business expectations survey has confirmed a cooling economic outlook. The composite expectations index fell to its weakest level since the December quarter 2017, while the actuals index dipped to its lowest level since the […]
Nov 27 2018
Retailers hit wall ahead of peak sales season
Australian retailers are going bust in record numbers. The latest analysis from illion reveals the sector’s failure rate hit record levels during the September quarter of 2018. The failure rate for retailers has […]
Nov 07 2018
Expected selling prices up amid growing concerns over consumer confidence
The illion business expectations survey retained a positive outlook for the March quarter – with business expectations rising 4.5% annually to 23.2 points, while actual performance increased 5.3% to 16.6 points. Both […]