Our most recent Australian Economic Snapshot showed that consumer holiday spending remained consistent in December 2024, despite cost-of-living pressures.
The Snapshot also revealed a 15% reduction in trade late payments compared to this time last year.
To find out more about how we collected and analysed this data, please see our Behind the Data FAQ blog below
Behind the Data: The who, what, where, when and why behind the data
Who: The analysis is compiled by illion Head of Analytics Louis Tsang.
What: The analysis and data is sourced from illion’s spend analytics data, as well as trade payments data from illion’s commercial bureau.
Where: This analysis covers Australia. illion has one of the largest and most comprehensive commercial bureaux in Australia and New Zealand.
When: Retail spending trends are seasonal and can be observed over the past four years. Trade late payments data has varied over time, spiking in 2023, but improving and stabilising over the past few months.
Why: Monitoring consumer spend and how it impacts businesses is vital to managing risk in your portfolios.
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