Media Releases

SYDNEY: New data released this week by credit bureau illion, an Experian company, in the December 2024 Australian Consumer Stress Barometer  suggests that after three months of hotly anticipated Stage 3 tax cuts, they are working as intended, however the economy is still shaky.

Implemented to offer cost of living relief and support stretched households, money…

SYDNEY: New data released this week by credit bureau illion, an Experian company, as part of its Australian Commercial Risk Barometer for Octover 2024, reveals that business failure risk has continued to improve over the last quarter (August – October 2024). This improvement is not uniform across industries and regions, however, with some still deteriorating.Construction…

SYDNEY: New data released today by credit bureau, illion, as part of its September 2024 Consumer Stress Barometer, indicates that the consumer credit default risk of Australians has continued to deteriorate over the June quarter, pointing towards further pain and problems.

After a mild improvement over the latter half of 2023, credit risk has deteriorated to a…

SYDNEY: New data released this week by credit bureau illion, as part of its August 2024 Commercial Risk Barometer in Australia, reveals that economic green-shoots may be starting to appear as business failure risk improves slightly for larger businesses, but younger and smaller firms continue to struggle.

After an extended period of deterioration throughout 2023, the Australian…

SYDNEY; 12 June 2024: NEW data released today by credit bureau, illion, as part of its latest Consumer Credit Stress Barometer, shows credit stress on the rise again, with younger Australians (who are mostly excluded from home ownership) struggling to ‘get ahead’ financially, due to burdens of higher rent and higher servicing costs on personal…

SYDNEY: With the Christmas quarter appearing to be a false dawn, new data released this week by illion credit bureau, as part of its inaugural Commercial Risk Barometer, reveals that business conditions have deteriorated significantly in the year to March 2024.

Year on year, the failure risk has risen: by more than 5% by the end of…

SYDNEY: New data released by credit bureau, illion, today as part of its Consumer Credit Stress Barometer for March 2024 shows that consumer credit stress fell (improved) in the second half of 2023 but is still 8% higher than two years ago. However, December has seen a halt to this improvement, suggesting a deterioration might be…

As interest rates have bitten hard into the budget of Australians in 2023, new research released by credit bureau illion today shows that households with a mortgage in Australia’s two major capital cities are continuing to struggle, whereas mortgage-holders in most other capitals are finally showing some early signs of a turnaround.

The same is also…

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,…