While credit demand remains strong, particularly in the business loan sector, a closer look at the data reveals underlying strains that are impacting cash flow and creditworthiness.
Data analytics to retailers is like a microscope to a scientist – revealing details and patterns in consumer behaviour that otherwise remain unseen. For online retailers, data analytics can mean the difference between guesswork and precise knowledge about what works. Between maintaining the status quo and adapting to dynamic market changes. Between losing revenue to fraudsters and safeguarding profits.
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.
How did project management firm Creative Vision boost their sales enquiries 20-fold? Find out how an iCIRT gold-star rating helped to bolster their brand and expand their market presence.
When Australians purchase, invest in, build, or renovate a home, trust matters.
Financial planning and spending habits change to manage financial health as high cost of living continues, reveals the Equifax Australian Credit Scorecard 2023
Tougher economic climate also impacting business growth
Auto financiers face a growing challenge that has been flying under the radar – shadow hardship. Equifax Senior Solutions Consultant Ashley Schumacher recently highlighted this issue at the 2023 Automotive Finance Forum. In this post, we’ll delve into what shadow hardship means, its implications for auto financiers and solutions to protect your business from this hidden pocket of risk.
