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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Is there a clear plan in your company for the adoption of artificial intelligence (AI), or is it being figured out on the fly?
We are constantly expanding the depth and predictiveness of our data to help you innovate faster and create more effective insights into the people and communities you serve - enabling more financially inclusive opportunities.
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
