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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…
With the launch of our inaugural Australian Commercial Risk Barometer, we hosted a list of illion experts at the illion Australian Commercial Risk Barometer Webinar to discuss insights from the Barometer in more detail.
A significant finding shows that business failure…
We have seen a significant surge in business insolvencies in FY2023 and FY2024, a trend that is likely to continue for the remainder of the financial year.
With the continued increase in economic challenges, will companies be able to adapt?
Find out…
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…
In this video, Mark Russell (Chief Client Officer, illion) sits down for an interview with Troy Mulder (Director, AICM) to discuss the upcoming 2024 Credit Professional of the Year award.
illion is proudly sponsoring this award for the second year in…
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…
According to recent data observed by the illion trade bureau, cafes and restaurants are now facing increased financial stress, as consumers have been spending less at these establishments in 2024.
This has resulted in a significant rise in the average number…
In this video, Simo Buzanin (Senior Account Director, illion) interviews Danny Pavisic (CEO, Unity Bank) about how mutual banks and credit unions are continuing to put their members first in an increasingly online world.
The discussion involves what are some of…
Market segmentation is valuable for any business seeking to better focus on its target customers.
With illion data, you can identify prospects with preferred attributes, ranging from age and gender, to behavioural attributes that measure a customer’s purchases or propensity to…
Today’s operating environment is best captured by the notion that ‘The only constant is change’.
Coming out of COVID-19 into an economic downturn, our industry is facing a new credit risk landscape and the challenges of tighter operating conditions. At the…