As our industry works to improve confidence in construction, partnering with the right professionals is more critical than ever for developers. iCIRT rated developers and builders now represent over half of the residential market by value, putting those whose entire build team is iCIRT rated in a unique position of being able to showcase their trustworthy credentials.
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Fraud risk is fast becoming a costly issue for auto dealerships. The shift to online purchasing has given fraudsters, scammers and criminal syndicates, more opportunity to manipulate fidentity information to secure loans and acquire vehicles through deception.
With the lure of lucrative payouts, fraudsters are refining their tactics to exploit gaps in fraud protection strategies, including how customer identities and driver’s licenses are verified and authenticated.
Statement on Pacific Project Group (PPG) being identified as an iCIRT-rated builder
As cyber fraud threats rise, consumers increasingly want to feel confident about the security of their personal data when applying for home loans. According to the Equifax Mortgage Broker Pulse Survey 2024, 59% of consumer respondents feel unclear about how brokers and lenders manage their data, with half believing their data is only ‘somewhat safe’.
Keeping on top of your registrations on the Personal Property Securities Register (PPSR) isn’t just a one-time task – it’s an ongoing commitment to safeguarding your interests.
Why PPSR Guidance is Needed During Insolvency Surge
By Malcolm Poslinsky, PPSR Specialist, EDX from Equifax
The ongoing housing crisis remains a hot topic and one of the major concerns for many Australians. Figures from Equifax1 confirm a troubling trend: home ownership in Australia becomes a progressively distant aim for younger people.
Increasing operating costs, shrinking consumer spending and tougher lending market see insolvencies at highest levels since Covid-19
Businesses collect and process vast amounts of data, and often overlook the importance of ensuring the data is accurate, reliable, relevant, complete, consistent and timely. For a data-critical sector like insurance, the process of cleaning data to fix inaccuracies, incomplete, duplicate or wrongly formatted records holds valuable benefits.
Establishing real, demonstrable trust in a person’s identity is essential for Australia’s 26.7 million people to transact online safely and effortlessly, levelling the playing field for credit access and fuelling our digital economy.
With Equifax’s robust credit rating methodology and processes, and the qualifications and expertise of its analyst team, we are able to identify early warning signals of company failures and their potential impacts.
