Credit Agencies in Australia - Market Research Report

Credit Agencies industry trends (2014-2019)

poll Average industry growth 2014–2019: 5.6%

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. A relatively high number of housing transfers in most years, and a comparatively low unemployment rate have contributed to this growth. Furthermore, high household debt, and increases in lending and investment amounts to businesses have positively affected the industry. Overall, industry revenue is projected to increase at an annualised 5.6% over the five years through 2018-19, to reach $726.9 million. This includes an anticipated revenue increase of 2.7% in the current year. Due to the industry's high market share concentration and high barriers to entry, enterprise numbers have i...
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Credit Agencies industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Credit Agencies industry is forecast to continue generating solid revenue growth over the next five years. Consumer credit and debt issuance are likely to become more important for households and businesses over the five-year period. Projected increases in housing transfer numbers and rising government capital expenditure are anticipated to support industry revenue. Furthermore, increases in the number of business bankruptcies is forecast to contribute to industry growth. Overall, industry revenue is anticipated to increase at an annualised X.X% over the five years through XXX-XX, to reach $XX.X million. Future industry drivers Over the next five years, improving corporate profit margins and stronger global growth are likely to encourage househ...
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Credit Agencies industry statistics

  • attach_money Market Size: $727m
  • business Number of Businesses: 140
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 2,353

Biggest companies in the Credit Agencies industry

The companies holding the largest market share in the Credit Agencies in Australia industry include Equifax Australia Group Pty Limited, illion Australia Pty Ltd and S&P Global Australia Pty Ltd.

  • pie_chart Equifax Australia Group Pty Limited Market Share: x.x%
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  • pie_chart illion Australia Pty Ltd Market Share: x.x%
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  • pie_chart S&P Global Australia Pty Ltd Market Share: x.x%
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What is Credit Agencies industry?

Industry Definition

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 and Services

  • Consumer credit reporting
  • Commercial credit reporting
  • Corporate and sovereign credit ratings
  • Other credit rating services
  • All Others

Industry Activities

  • Commercial credit reporting
  • Consumer credit reporting
  • Credit investigation services
  • Credit rating services
  • Credit reporting

Market research report - table of contents

Industry Definition

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.

Main Activities

  • Commercial credit reporting
  • Consumer credit reporting
  • Credit investigation services
  • Credit rating services
  • Credit reporting

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The amount of capital issued through the ASX influences industry performance. Issuing debt, hybrid securities and lower tier capital stimulates demand for...
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Amount of equity capital raising
Number of housing transfers
Household debt to assets ratio
National unemployment rate

Current Performance

Strong profit margins
Australian debt
Regulation heightens
 Chart: Revenue Growth

Industry Outlook

Credit and debt
Assessing the assessors
Technical changes and competition
 Table: Credit Agencies in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Credit Agencies in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Consumer Goods Retailing in Australia
Finance in Australia
Consumers in Australia




Key Selling Industries

Computer and Electronic Office Equipment Manufacturing in Australia
Data Storage Services in Australia





Products & Services

Players in the Credit Agencies industry provide a range of advice to various downstream financial firms. Credit rating agencies (CRAs) derive revenue from...
Accounting, legal and consulting firms
Insurance companies
Household and other sectors
Banks, credit unions and building societies
Debt collection and administrative services providers
Rental and hire firms
Property and real estate managers

Demand Determinants

Demand for services provided by credit agencies is affected by consumer and business spending, consumer sentiment and business confidence. The prevailing ...
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Major Markets

Accounting, legal and consulting firms
Insurance companies
Household and other sectors
Banks, credit unions and building societies
Debt collection and administrative services providers
Rental and hire firms
Property and real estate managers
 Chart: Major Market Segmentation for the Credit Agencies in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Credit Agencies industry is characterised by high market share concentration, with the four largest players expected to account for almost three-quart...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Credit Agencies in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Credit Agencies in Australia - Market Research Report Industry

Industry Globalization

Equifax Australia Group Pty Limited (Equifax Australia), which was previously called Veda Group Limited (Veda), is Australia's largest consumer credit rep...
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Equifax

 Table: Equifax - financial performance

illion Australia

 Table: illion Australia - financial performance

Standard & Poor's Ratings Services

 Table: Standard & Poor's Ratings Services - financial performance

Capital Intensity

The Credit Agencies industry is characterised by a medium capital intensity level. There is a high reliance on computerised information, databases, analyt...
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 Chart: Level of Capital Intensity for the Credit Agencies in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Credit Agencies in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

BOND

CREDIT RATING

DEBT ISSUANCE

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

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This report on Credit Agencies in Australia:

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The Credit Agencies in Australia 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
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