Business Credit Demand Index
The latest trends in business credit demand from Veda
Veda's Quarterly Business Credit Demand Index: January - March 2013
Veda, Asia-Pacific's leading provider of consumer and commercial data intelligence and insights today revealed the results of its business credit demand index for the first calendar quarter of 2013. The index, which measures the change in credit demand for the March quarter compared to the same period in 2012, showed that overall business credit demand growth eased to 2.2% over the past year.
Veda's Quarterly Business Credit Demand Index - October - December 2012
Veda revealed the results of its business credit demand index for the fourth calendar quarter of 2012. The index, which measures the change in credit demand for the December quarter compared to the same period in 2011, showed that overall business credit demand increased by 3.8% over the past year.
Veda Business Credit Demand Index - July to September 2012
Veda released today the results of its business credit demand index for the third calendar quarter of 2012. The results show that the rate of growth in business credit applications picked up by 6.8% in the September quarter compared to this time last year, with indications that the two-speed economy is still evident.
Veda Business Credit Demand Index - April to June 2012
Veda's quarterly Business Credit Demand Index, released today, show that growth in business credit enquiries has eased despite RBA rate cuts. This easing in growth of business applications may suggest a slow-down in GDP over coming months. Asset finance enquiries have picked up from a low base and business credit is still expanding rapidly in Western Australia but contracting in Tasmania.
Veda Business Credit Demand Index - January to March 2012
Veda's quarterly Business Credit Demand Index, released today, confirmed that Australia's two-speed economy is in full swing with 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; and business lending looks to be the new battleground for banks as they see margins erode in the mortgage market.
Veda Business Credit Demand Index - October to December 2011
Veda's quarterly Business Credit Demand Index, released today, confirmed a strong recovery in the rate of credit applications by businesses since 2010. Business credit enquiries into the Veda bureau across business loans, asset finance and trade credit increased 7.3% year-on-year and 3.6% for the full calendar year in 2011.
Veda Business Credit Demand Index - July to September 2011
Veda's quarterly Business Credit Demand Index, released today, reveals business credit demand recorded its eighth consecutive monthly gain since February 2011, with the July-September quarter continuing an upward trend, up 2.3% on the same time last year. Although demand was 2.1% lower than the bullish June quarter, the general trend continues to be positive.
Veda Business Credit Demand Index - April to June 2011
Veda's Business Credit Demand Index, released today, reveals business credit enquiries recordedtheir fifth consecutive monthly gain since February this year. In June 2011, credit enquiries recorded strong gains over the previous quarter, up 17.4% and 3.6% year-on-year but still remain lower than pre-GFC levels.
Veda Business Credit Demand Index - January to March 2011
Veda's Business Credit Demand Index, released today,reveals business credit enquiries have risen moderately (1.1%) since the same time last year, with the first monthly year-on-year gains since March 2010 occurring in February and March.
Veda Business Credit Demand Index - October to December 2010
Veda's Business Credit Demand Index, released today, indicates many small-to-medium sized businesses (SMEs) remained reluctant to take on credit in the October to December quarter of 2010, with demand falling 7.3% over the same quarter in 2009. Across the 2010 calendar year, business credit was down 4.2% over 2009.
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