News and Media

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’.

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

Commercial credit demand improving, but small business owners continue to bear the brunt of difficult market conditions

Mortgage demand declines, but average limits and arrears continue to grow

Equifax, the global data, analytics and technology company, has announced a partnership with Norton, a consumer Cyber Safety brand of Gen™, bringing together two leaders in their respective industries to offer Australians a powerful suite of identity and credit protection services.

Insolvencies continue to rise, with December marking a 5-year high

Mortgage demand returns to positive growth for the first time since 2021

45% of Australians intend to purchase, renovate or build in the next five years. A third of this cohort (32%, approximately 2.9 million Australians) say they have a negative perception of the construction industry in Australia.

Financial planning and spending habits change to manage financial health as high cost of living continues, reveals the Equifax Australian Credit Scorecard 2023