Overview

Taking credit: Increasing housing transfers have driven industry revenue growth

IBISWorld’s Credit Agencies market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Australia's overall debt has continued to rise over the past five years, boosting industry growth
  • Profit margins have remained strong due to growing demand and pricing increases
  • Fewer business bankruptcies and a flat unemployment rate are expected to constrain industry growth

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    Industry Analysis & Industry Trends

    The Credit Agencies industry has grown at a solid pace over the past five years, driven by strong demand from banks and other organisations for credit reporting services. Increases in housing transfers and a comparatively low unemployment rate have contributed to this growth. Furthermore, Australia's overall debt has continued to grow over the past five years, with increases in lending and investment amounts to businesses, investment funds and households. As a result, industry revenue is expected to increase at an annualised 4.4% over the five years through 2016-17. Revenue is forecast to increase by 4.5% in the current year, to reach $639.1 million...

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    Industry Report - Industry SWOT Analysis Chapter

    The Credit Agencies industry is in the growth stage of its economic life cycle. The industry is characterised by stronger growth than the overall economy, wholehearted market acceptance of products, and stable and clearly segmented product groups. Over the past five years, the industry has expanded due to higher demand growth from banks, finance companies and other key markets. Furthermore, the rising value of Australian debt has contributed to industry growth over the period. The industry's major markets rely on credit reports to make lending decisions, which contributes to strong industry growth.

    Industry value added, which measures an industry's contribution to the overall economy, is projected to increase at an annualised 3.6% over the 10 years through 2021-22. Thi..

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    Additional Insights for the Credit Agencies Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Credit Agencies Industry are

  • Development of new products
  • Stringent information security system
  • Access to an appropriately skilled workforce
  • IBISWorld analysts also discuss how external factors such as Business bankruptcies and Number of housing transfers in the Credit Agencies industry impact industry performance..

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    New Zealand Special Report

    Industry Products

    What is the Credit Agencies Industry?

    The industry provides independent opinions about the creditworthiness of companies, individuals, securities or financial obligations. A credit bureau (or consumer credit reporting agency) provides opinions about an individual’s creditworthiness. A credit rating agency assigns a credit rating for a particular issue of debt and evaluates the overall creditworthiness of the issuing entity.

    Industry Products
    Consumer credit reporting
    Commercial credit reporting
    Corporate and sovereign credit ratings
    Other credit rating services
    Industry Activities
    Commercial credit reporting
    Consumer credit reporting
    Credit investigation services
    Credit rating services
    Credit reporting

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Business bankruptcies
  • Number of housing transfers
  • National unemployment rate
  • Amount of equity capital raising
  • Ratio of interest payments to disposable income

  • Current Performance
  • Solid industry performance
  • Strong profit margins
  • Australian debt levels
  • Regulation heightens
  • Chart: Revenue Growth

  • Industry Outlook
  • Future industry drivers
  • Extending credit
  • Assessing the assessors
  • Bond markets
  • Technical changes and competition
  • Table: Credit Agencies Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Credit Agencies Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Consumer Goods Retailing
  • Finance
  • Consumers

  • Key Selling Industries
  • Computer and Electronic Office Equipment Manufacturing
  • Data Storage Services

  • Products & Services
  • Consumer credit reporting
  • Corporate and sovereign credit ratings
  • Commercial credit reporting
  • Other credit rating services
  • Chart: Credit Agencies Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Banks, credit unions and building societies
  • Finance and insurance companies
  • Other sectors and households
  • Utilities and telecommunication companies
  • Chart: Major Market Segmentation for the Credit Agencies Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Credit Agencies

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Credit Agencies Industry

  • Industry Globalization
    Major Companies
    Equifax Australia Group Pty LimitedD&B Hold Company Pty LtdS&P Global Australia Pty LtdMoody's Investors Service Pty Limited
  • Table: Equifax Australia Group Pty Limited - financial performance
  • Table: D&B Hold Company Pty Ltd - financial performance
  • Table: S&P Global Australia Pty Ltd - financial performance
  • Table: Moody's Investors Service Pty Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Credit Agencies Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Credit Agencies Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Bond
  • A written commitment from a borrower to a lender, agreeing to repay the holder of the bond a specified sum on a specified date, often along with intermittent interest payments.
  • Credit Rating
  • An opinion regarding an issuer's ability to make timely repayments in general, or relating to a particular financial obligation.
  • Debt Issuance
  • The act of borrowing money by selling bonds or similar securities in financial markets.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Credit Agencies:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Credit Agencies market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Credit Agencies, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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