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Bill Payment and Presentment
Press Releases | Media Coverage
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Press Releases
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Collecting and Processing Your Bills is a 1 Billion Hidden Transaction Business
June 2001 MISC, the new strategy group that evolved from the former MINTEL (Aust) Pty Ltd. Out of total retail goods and services spending in Australia of $422 billion, Australians choose to pay $146 billion (ie. 35%) via regular bills . Collecting fees on this 1 billion transaction business has attracted both major Australian Corporates and other third party service providers. See 'Flow of Bill Payments' table below. |
The Advertiser
The Age
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| Sector |
Common Bill Cycle |
Examples |
| Telecommunications |
Monthly to Quarterly |
ISP, pay TV, mobile phone |
| Electricity |
Quarterly |
Electricity usage |
| Gas |
Quarterly |
Gas usage |
| Water |
Quarterly |
Water and sewage usage |
| Council |
Quarterly to Annual |
Property rates |
| Federal & State Gov. |
Fortnightly to Annual |
State housing |
| Finance Companies |
Fortnightly to Monthly |
Car finance repayment |
| Credit Cards |
Monthly |
Standard bank payments |
| Retail Store Cards |
Monthly |
Myer card |
| Education |
Annual |
Higher education charges |
| Insurance |
Monthly to Annual |
Premiums |
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Media Coverage
The following tables summarise selected media coverage flowing from MISC/MINTEL press releases. As reporting of MISC/MINTEL industry research is invariably widespread (Australian and International), this coverage should be viewed as indicative only. For further details of research referenced below, please click here and specify the research article referenced.
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Household bills burden worsens | Kamahl Cogden, November 2005
"The Market Intelligence Strategy Centre survey revealed a growing bill burden, with 36 per cent of household income spent on paying bills. " |
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We Like to Bank Online| August 2003
"More than 500 million accounts were paid in 2002 via the Internet, EFTPOS, direct debit or telephone, the MISC pool result show." |
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Electronic Methods Fit the Bill for Consumers | August 2003
"Australians are conducting a greated proportion of bill payments via elecronic means, research group MISC said yesterday." |
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Long Overdue Boost for Onliine Bill Payments | Tim Boreham, July 2003
"Consumers have also proved early adopters of issuing bills electronically, which eliminates the need to send out paper accounts, MISC said." |
The Australian Financial Review
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E-Banking Use Up 24% Says Report | Jason Clout, April 2003
"The MISC study revealed one other interesting statistic: while transfers online are growing, login growth decreased in the December quarter." |
Bank Customers Go Online, At Last | Chris Wright, May 2003
"The MISC study revealed one other interesting statistic: while transfers online are growing, login growth decreased in the December quarter." |
Australians Taking to Virtual Bill Paying Says Report | Joyce Moullakis, July 2003
"Billers are becoming more sophisticated in their processing and seeking cheaper ways to trasact what is a significant fixed cost without losing customer contact, the MISC report says." |
E-Banking Registrations Rise 31% | Rachel Lebihan, October 2003
"Industry analyst group MISC said annual registration still grew by a solid 31% over the 12 months to June 30, 2003 and had recovered into the new financial year." |
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Paperless Billing Fits the Bill | Karin Derkley, August 2003
"Research by the MISC claims phone and elecricity companies are the most advanced and have won over more clients to te cheaper payment methods." |
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Most Trust Internet Banking Transfers | Ruth Williams, April 2003
"Research by the MISC claims phone and elecricity companies are the most advanced and have won over more clients to the cheaper payment methods." |
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