Veda Advantage Media. Read our latest press releases and research findings
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[NZ] SME survey shows improving outlook for business
10 September 2009
AUCKLAND, 10 September 2009 - Further evidence that New Zealand may have hit the bottom of the recession trough comes with the latest survey of small and medium size businesses by the country's largest credit bureau, Veda Advantage.
Posted in: Press releases
[NZ] Bankruptcies and non-asset procedures
4 September 2009
AUCKLAND, 4 September 2009 - The numbers of New Zealanders unable to meet their financial obligations continue to run at high levels as the country weathers the recession.
Posted in: Press releases
Latest consumer credit demand figures: Consumer credit applications down, but record mortgage enquiries
27 August 2009
27 August 2009: Veda Advantage's Consumer Credit Demand Index*, released today, reveals consumer credit demand (credit card and personal loan enquires) fell by 20% in the April to June quarter in 2009 compared to the same period last year. The figures for the month of July 2009 continue this trend, with credit card and personal loan applications also falling by 20% compared to July 2008*. The results indicate Australian consumers remain cautious about taking on more debt.
Posted in: Press releases
Buying a used car is now safer
21 August 2009
Veda introduces Veda Auto - Online access to full vehicle history reports
21 August 2009: Veda Advantage, today announced the launch of its new online automotive checking service, Veda Auto. A significant first for Australia's second-hand car market, the Veda Auto database provides a wealth of historical information on the millions of cars and trucks in Australia
Posted in: Press releases
Buying a used vehicle shouldn’t be a gamble
4 August 2009
4 August 2009: A Veda Auto study of Australian used car buyers revealed 13% had either themselves (or someone in their family) made an unpleasant discovery about their car's history after purchase. The reported loss in value or unexpected repairs as a result, is estimated to cost buyers an average $3,200.
Posted in: Press releases
Australian Business Credit Demand Index – April to June 2009
28 July 2009
Increased demand for credit indicates early signs of business recovery
28 July 2009: Veda Advantage's Business Credit Demand Index, released today, reveals business credit applications for the second April to June quarter of 2009, fell by 2.1%. Although credit applications were still down, this was a steady improvement from the January to March quarter, which fell by 8.3% compared to the same quarter in 2008.
Posted in: Press releases
[NZ] New credit score for New Zealanders
20 July 2009
AUCKLAND, 20 July 2009 - A new credit scoring system launched on 2nd August will help New Zealanders get a better understanding of how they rate and just how credit worthy they are.
Credit reports are familiar to many. They contain information about how many times people have sought credit and whether they have defaulted on debts or been bankrupted.
Posted in: Press releases
[NZ] Credit data indicates tougher times ahead for business
7 July 2009
AUCKLAND, 7 July 2009 - Latest data from New Zealand's largest credit bureau shows a staggering increase in the number of businesses not paying their bills and defaulting.
Posted in: Press releases
Research, but don't shop around for credit
7 July 2009
Study reveals - improve credit rating by making fewer applications.
7 July 2009: Australians looking to improve their chance of securing credit should not make applications for credit with too many providers, according to new research released today from Veda Advantage, Australia's largest credit bureau.
Posted in: Press releases
Caution for Australian SMEs who draw main profits from small pools
30 June 2009
Veda warns: monitor key customers to maintain business stability in new financial year
Veda Advantage research indicates almost a third of businesses draw most of their revenue from less than 20% of their client base. As the 2009/10 financial year kicks off, these statistics highlight the vulnerabilities businesses can be exposed to if a key customer becomes a victim to the financial crisis.
Posted in: Press releases
MEDIA CONTACT
Leigh Pearson
Veda Advantage
0274 890 606
leigh.pearson@VedaAdvantage.com
Shelley Hughes
Veda Advantage
09 367 6267
