Signs of Recovery as NSW Opens and Business Credit Demand Lifts
21st Oct 2021

The recovery in business credit demand eased in Q3 2021, but recovery may be imminent as states make their way out of lockdown. Data from the first four days of NSW reopening after 15-weeks in lockdown shows a jump in demand across all categories of credit. Asset finance enquiries rose by +25.1%, trade credit by +15.5% and business loans by +2.5% in the week of 11-14 October compared to the previous week in lockdown.

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We are increasingly apprehensive about machines making unrestrained, unexplainable and potentially biased decisions that may impact our lives and wellbeing. Can we accept decisions when they aren’t reasonably understandable and appear unfair? 

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How to screen for sanctions and Politically Exposed Persons (PEPs): 6 strategies that could help you protect your business.

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New opportunities emerge for lenders as consumers benefit from comprehensive credit reporting, reveals the 2018 Equifax Australian Credit Scorecard

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Demand for trade credit is growing but competition is fierce, according to the 2018 National Credit Managers Survey from Equifax

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New research from Equifax indicates Victorians are highly receptive to conversion to solar power, battery storage and electric cars.

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Like all innovations, open banking has both good and potentially not-so-good consequences.

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SYDNEY, Monday, 16 April 2018 – Demand for new alternative finance increased 130 per cent in H2 2017[1], compared with the same period the previous year, according to newly released data from Equifax, the global information solutions company and the leading provider of credit information and analysis in Australia and New Zealand.

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SYDNEY, Tuesday 10 April, 2018 – The number of Australian companies entering external administration (ex-ad) decreased by 20 per cent year-on-year in Q4 2017, but there are still pockets of concern according to newly released data from Equifax, the global information solutions company and the leading provider of credit information and analysis in Australia and New Zealand.

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Small and Medium Enterprises urged to keep a closer eye on finances as they approach their four-year milestone.

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Equifax Australia and Equifax New Zealand systems were not compromised by the recent cybersecurity incident in the U.S. The Equifax U.S. web server that was targeted is not a component of the Equifax Australia or Equifax New Zealand infrastructure, and Equifax has found no evidence that the U.S. cybersecurity incident impacted personal information of consumers in Australia or New Zealand.

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