Increasing operating costs, shrinking consumer spending and tougher lending market see insolvencies at highest levels since Covid-19
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Corporate fraud is a challenge for organisations around the world. The rise in new technologies and sophistication of organised crime syndicates have created new opportunities for fraudsters, increasing the risk of serious financial loss and reputational damage to organisations, as well as impacting the many lives affected by the crime.
Test for bias in your artificial intelligence. Then learn how to work towards the fairest outcome for your customers.
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Make sure you’re hiring the right person for the right job. Consider these five tips when screening candidates for roles in your organisation.
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There is a growing demand for aged care in Australia, thanks to our ageing population, increased life expectancy and longevity.
Business Credit Demand Index by Equifax (June 2019 Quarter)
Overall business credit applications down -8.99% (vs June quarter 2018).
Growth in business loan applications up +0.90%, while trade credit applications fell -5.02% (vs June quarter 2018).
Asset finance applications decline -26.14% (vs June quarter 2018).
Q2 2019 insolvency statistics show a 15% increase compared with the previous quarter.
Consumer Credit Demand Index by Equifax (June 2019 Quarter)
Overall consumer credit applications down -5.9% (vs June quarter 2018), credit card applications declined by -10.4% (vs June quarter 2018) and personal loan applications also softened, by -2.0% (vs June quarter 2018).
Mortgage applications declined by -11.9% (vs June quarter 2018).
