In the Media
Veda Debt Study: 750,000 Australians at risk of falling into a debt spiral in an economic downturn
17 May 2012
Around 750,000 Australian consumers risk falling into a debt spiral if the country experiences an economic downturn, according to Veda's bi-annual Australian Debt Study released today.
Posted in: Press releases
Veda’s Quarterly Commercial Credit Demand Index: Jan-Mar 2012
1 May 2012
Mining states boom while SMEs feel pain
- Australia's two-speed economy in full swing - mining states driving strong demand for business credit; NSW, VIC, SA, TAS continue to lag
- SME's appear to be relying on more credit options to smooth out cash-flow
- Business lending the new battleground for banks as they see margins erode in the mortgage market
Posted in: Press releases
Veda’s Quarterly Consumer Credit Demand Index: Jan-Mar 2012
24 April 2012
Consumer credit demand still soft but mortgage enquiries rise for first time since GFC.
- Overall consumer credit demand down by 4.8% year on year
- Credit card applications down by 8%
- Personal loan applications decline by 1.4% but strong lift in Western Australia
- Mortgage enquiries increase of 1.5%, the first rise in eight quarters
Posted in: Press releases
The pitfalls and red flags of bad credit management
14 March 2012
Recent news reports have shown a long list of companies entering external administration and having issues with bad debt. The increasing number of organisations finding themselves in trouble indicates a greater need for companies to pay closer attention to credit risk management.
Posted in: Press releases
Veda's Business Credit Demand Index: Oct to Dec 2011
23 February 2012
- Strong recovery in the rate of credit applications by businesses since 2010
- Enquiries increased 7.3% year-on-year - a significant jump in the rate of growth in previous quarters
- Small and medium size businesses (SMBs) generated 42% of commercial credit enquiries but also suffered a higher default rate
Posted in: Press releases
Veda's Consumer Credit Demand Index: Oct to Dec 2011
9 February 2012
Demand for credit stalled across Australia in the Last Quarter of 2011, according to Veda's latest Consumer Credit Demand Index.
Posted in: Press releases
Veda to Absorb Initial PPSR Charges for its Clients
3 February 2012
Veda announced today that it will absorb all Attorney-General's Department (AGD) PPSR charges incurred by its clients on Day 1 and 2 of the new legislation.
Posted in: Press releases
New Personal Property Securities Register goes live today!
30 January 2012
Veda helps businesses get the most out of the all-new PPSR
Posted in: Press releases
Australian Debt Study: more consumers feeling the debt pressure
12 December 2011
25 - 34 year olds most worried about meeting debt repayments.
Posted in: Press releases
Veda Launches "2011 Credit Management in Australia" Report
12 December 2011
Veda's 2011 Credit Management in Australia report reveals Australian businesses are reducing exposure to credit risks as they continue to struggle with cash flow problems.
Posted in: Press releases