Low business confidence leads to decline in commercial credit demand
26th Jul 2024

Increasing operating costs, shrinking consumer spending and tougher lending market see insolvencies at highest levels since Covid-19

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Improving mortgage application scorecards using NeuroDecision® Technology.

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Driven by a continued fall in credit card applications, despite steady growth in personal loans. Mortgage demand decline continues.

Overall consumer credit applications fell -7.1% (vs March qtr 2018):

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There are always early warning signs when a business is experiencing financial distress. Not surprisingly, many of these signs are found in the financial statements.

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Predominantly driven by asset finance

Overall business credit applications dropped 10.15% (vs March qtr 2018)

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Kevin James, Head of Advisory & Analytics Consultancy Services at Equifax, talks about the benefits of CCR for lenders and consumers post Royal Commission.

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In this video, Matt Strassberg, General Manager, External Relations at Equifax, discusses new regulatory changes coming into focus post the Royal Commission.

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Many solutions provide better customer journey analysis and insights; but none offer the same opportunities brought by integrating Google Analytics 360 and Salesforce.

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Data and analytics are shaping the way businesses in the education sector make decisions to enhance their marketing strategies, as well as boost student academic performance.

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In this interview, we find out why Australian small business owners are turning to online lending.

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Need a ‘to-do’ checklist to prepare for financial year end? Here’s what to include.

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