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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One in 10 consumers have switched credit products in the past 12 months, according to the Equifax Australian Consumer Credit Pulse 2019 report
SYDNEY, Wednesday, 31st July 2019 – One in 10 consumers have switched credit products in the past year, according to new research and analysis from Equifax, the global data, analytics and technology company and leading provider of credit information and analysis in Australia and New Zealand.
The Equifax Australian Consumer Credit Pulse 2019 report reveals areas of greatest opportunity among credit active consumers
SYDNEY, Wednesday, 31st July 2019 – More than 4.4 million applications for consumer credit are expected in the next six months, according to new research and analysis from Equifax, the global data, analytics and technology company and leading provider of credit information and analysis in Australia and New Zealand.
From academia to Chief Data and Analytics Officer, Kari Mastropasqua from Equifax tells us why being a skilled communicator is vital for technical professionals.
In this post Royal Commission era, it has never been more important for regulated entities (i.e. authorised deposit taking institutions and general, life and health insurance providers) to be fully compliant with the Australian Prudential Regulation Authority’s (APRA) Fit and Proper Persons requirements.
Veda and the Consumer Action Law Centre (Consumer Action) have agreed upon a conciliated resolution to the representative complaint lodged by Consumer Action with the Office of the Australian Information Commissioner (OAIC), in respect of Veda’s ABR Gazette commercial information service.
Download our free eBook for your beginner's guide to the PPSR.
Background screening of candidates is a vital part of the recruitment process. It helps you make better hiring decisions and manage risk, by uncovering information on potential hires that may have a significant impact on your organisation.
Fraudulent account opening is a global problem that continues to rise. In Australia, there has been a rise in the number of fraudulent attempts to open transaction bank accounts by money mules, as well as efforts to use stolen identities to open accounts.
The majority of businesses in Australia do a background check on employees at the point of hire, and never do it again. If they do, it’s usually once every three to five years. A lot can happen in that time. Here’s why businesses need to rethink their ‘set and forget’ approach to background screening.
Technology continues to drive transformation, shifting manual processes to automated solutions and the ongoing evolution to digitised lending will bring greater accuracy and insights to credit risk.
