Home Ownership Dream is Slipping Away from Younger Australians
20th Aug 2024

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. 

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Educating and supporting borrowers on how to navigate the changing economic environment places extra pressures on time-poor mortgage brokers. We asked Peter White, Managing Director of the FBAA, to share his thoughts on how brokers can keep up with the increased need to work proactively with clients, and the role of technology in freeing up brokers' time.

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The Buy Now Pay Later (BNPL) providers has exploded over the last two years, and this highly competitive small share of unsecured lending continues to attract new players drawn by strong consumer demand for flexible payment options. We asked Alberto Fernandez, Head of Insights at Latitude Financial Services, to share his thoughts about the risks and rewards of operating in this space.

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Demand for mortgages continues to decline as the market adjusts downwards 

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Business credit demand has declined year-on-year as external pressures including interest rate rises, inflation and supply chain pressures begin to hit home for Australian businesses.

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Equifax has announced the enablement of its partnering arrangement with enterprise HR software company Tambla.

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To help retailers reduce online payments fraud while also meeting increasingly high customer expectations, Equifax has announced the launch of Kount in Australia.

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PPSR specialist, Malcolm Poslinsky, was asked by an equipment finance company to review their entire list of 5,000 PPS registrations. What we found was more than 2,000 records had errors that invalidated their registrations, including using the wrong grantor identifying information.https://www.edxppsr.com.au/

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Rising rates of construction industry insolvencies and cost of living pressures continue to place a heavy financial burden on sole traders and small business owners, who make up 97% of construction companies.

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Kount's Fraud Protection Platform upgrades the customer experience and increases revenue for Brooks — delivering frictionless protection across the entire customer journey and opening new international revenue channels.

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Is your HR team sharing employee details with lenders? Then your employees and company might be at risk. Find out if they are - and what you can do about it.

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