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.
Read more
Australians are now taking strategic action to improve their finance and credit standing to combat an uncertain economy, reveals the Equifax Australian Credit Scorecard 2022
Introducing the Equifax A/NZ Sustainability 2023 Focus Areas
While there is no silver bullet for the prevention of cybercrime, there are measures your organisation can take to minimise the impact of a data breach.
Equifax is aware of an ongoing SMS phishing campaign targeting people impacted by the Optus data breach. DO NOT click on the link, respond to the sender or enter your personal information. Equifax will never ask you to validate your identity by providing your credit card details.
Business credit demand has increased year-on-year in the September quarter, returning to growth following a dip in Q2.
Equifax data shows strong demand for unsecured credit, while buy now pay later growth eases and mortgage demand continues to fall
If you are a residential builder or developer and fail to make adequate legal provisions to protect your customers, your iCIRT rating may be affected.
Market conditions tighten the reins on financial management, requiring a sophisticated 360-customer view, according to the National Credit Managers Survey 2022 from Equifax
The 2022 Mortgage Broker Industry Pulse check provides a snapshot of evolving work practices and technology adoption in Australia's mortgage broking industry.
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.
