Inflationary pressures have started to cause structural shifts in New Zealand consumer spending patterns with some industries showing an increase in total spend and others showing a decrease.

Find out what the latest data shows in our latest New Zealand Economic Snapshot below:

In this fortnight’s New Zealand Economic Snapshot, we unpack some of the current insights and trends in the NZ personal loans market.

Our latest infographic shows smaller lenders are enjoying a majority share of the consumer lending market.

Is this due to a different approach to credit risk?

Find out below:

More and more Kiwis are facing a debt dilemma, with new data released by illion showing an increase in personal loan delinquency rates.

Find out what the latest figures are across the NZ banking sector in our latest New Zealand Economic Snapshot below:A sharp jump in NZ insolvencies this quarter is showing stress in some industry…

The regulation changes on new credit card approvals have been challenging for lenders and consumers alike.

Find out what we’ve discovered in our latest New Zealand Economic Snapshot:

12 August 2021: Late payment times for New Zealand businesses are holding steady as the economy stubbornly resists falling into recession.

illion’s Trade Late Payments report for the June 2021 quarter shows that the COVID-19 pandemic caused late payment times in New Zealand to deteriorate steadily between April and October last year, but further economic downturn…

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…

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…

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 the world when it comes to COVID,” Ms Ardern said on Tuesday.

“Our workers are focused on keeping it that way.”

But the reality is…

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…