With heightened risk in the construction sector, lenders are continuing to exercise greater caution, meticulously evaluating every aspect of a project before committing resources. Given the critical role of investment and finance in real estate and property development, a lack of funding or excessive cost-of-capital could spell doom for construction projects before they even clear the approval stage.
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The move to use of Open Data accelerates
SYDNEY, Tuesday, 11 June 2019 – Equifax, the data analytics company and leading provider of credit information and analysis in Australia and New Zealand, has today announced a national distribution and partnership agreement with Basiq, to help prepare the industry for Open Data.
Retail trade and construction are among the industry sectors to experience an increase in insolvencies, according to the latest statistics* released by the Australian Securities and Investment Commission (ASIC) for the first quarter of 2019.
A recent court case has shown that when it comes to conducting a grantor search on the Personal Property Securities Register (PPSR), thoroughness is the key.
Capturing the information required for regulatory compliance without hindering the customer experience is a balancing act faced by all reporting entities.
In the digital age, providing customers with a frictionless mortgage experience is critical to remaining competitive.
Understanding who your customers are and the way they engage with your business requires big picture thinking and a greater focus on data management.
In this video, Neil Coert, Commercial Specialist at Equifax, shares his thoughts on the challenges reporting entities currently face in the market, and some ways the customer onboarding experience can be automated and made simpler.
Drew Beresford, Commercial Specialist at Equifax, shares his tips on how to check existing PPS registrations are correct, and the steps you can take to fix any errors to ensure your security interest are valid.
