The Equifax Q1 2025 Consumer Credit Report reveals growth in credit demand alongside emerging financial pressures. Unsecured credit demand, encompassing credit cards, personal loans, and BNPL, registered a second consecutive quarterly increase, up 5.5% year-on-year.
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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.
The move to use of Open Data accelerates
SYDNEY, Tuesday, 11 June 2019 – Equifax, the data analytics company and leading provider of credit information and analysis in Australia and New Zealand, has today announced a national distribution and partnership agreement with Basiq, to help prepare the industry for Open Data.
Retail trade and construction are among the industry sectors to experience an increase in insolvencies, according to the latest statistics* released by the Australian Securities and Investment Commission (ASIC) for the first quarter of 2019.
