In the fast world of finance, time is money. Nobody understands this more than NZCU Baywide, who have utilised illion’s Application Process Interface (API) to slice through the time barrier, giving brokers instant access to automated loan application processing.
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Previously, any loan submission had to be entered manually into NZCU Baywide’s loan decisioning portal – a […]

A key litmus test for the state of the economy is the number of days it takes for overdue bills to get paid.

illion’s Trade Late Payments Report is the most comprehensive in the market. And our latest report for the 2020 December quarter shows the New Zealand economy has remained resilient.

For much of 2020, payment […]

Forecasting spending after one of the most volatile trading periods for a generation is no mean feat.

We’ve crunched the numbers on recent spending patterns and the results may surprise you.

In the weeks following the election, the wealthy have shown more frugal spending habits compared with lower income earners.

But it’s good news overall: green shoots are […]

Drawing on anonymous real data from the actual banking transactions of about 9,000 Kiwis, we can disclose for the first time the detailed spending habits of New Zealanders in March as they prepared for the nationwide lockdown.

So too, we can show how those spending habits changed during the lockdown itself in April and how they […]

For more information on what we are seeing in the New Zealand economy, join our next webinar on Wednesday 30 September at 2PM.
Prime Minister Jacinda Ardern last week publicly rebuked US President Donald Trump after he claimed New Zealand was suffering a ‘big outbreak’ of COVID.

“We are still one of the best-performing countries in […]

Join our next webinar to hear from illion CEO Simon Bligh about the latest insights we are seeing in the New Zealand economy.
Wed, Aug 19, 2020 1:00PM – 2:00PM NZST
Data from illion shows Millennial New Zealanders have been driving the country’s economic recovery, defying global pessimism to set up new homes in larger numbers than […]

New Zealanders have been financially shaken by COVID and are changing their spending habits to safeguard themselves against a possible economic crash later in the year, new analysis has found.

Previously unreleased data shows Kiwis are avoiding new debt, with applications for personal loans that fund major purchases such as cars and holidays, down to 70 […]

New Zealand has returned to pre-pandemic levels of consumer sentiment, while Australia lags behind, according to our latest numbers.

Credit enquiries are an important indicator of economic recovery and consumer confidence.

When levels of enquiries pick up – whether that’s nabbing a new mobile phone contract, applying for a mortgage, or entering a new internet contract – […]