For media queries please contact us on mediaenquiriesAU@equifax.com.
Looking for more news and media? Visit our archive.
Equifax Quarterly Consumer Credit Demand Index: Sept 2019
Overall consumer credit applications down -9.87% (vs Sept quarter 2018)
Credit card applications declined by -12.41% (vs Sept quarter 2018) and personal loan applications dropped by -7.80% (vs Sept quarter 2018)
Mortgage enquiries increased by +2.01%, the first rise in nine consecutive quarters
Equifax Quarterly Business Credit Demand Index: Sept 2019
Overall business credit applications down -6.40% (vs Sept quarter 2018)
Growth in business loan applications up +3.34% (vs Sept quarter 2018), while trade credit applications fell -4.21% (vs Sept quarter 2018).
Asset finance applications declined -24.88% (vs September 2018).
Business Credit Demand Index by Equifax (June 2019 Quarter)
Overall business credit applications down -8.99% (vs June quarter 2018).
Growth in business loan applications up +0.90%, while trade credit applications fell -5.02% (vs June quarter 2018).
Asset finance applications decline -26.14% (vs June quarter 2018).
Consumer Credit Demand Index by Equifax (June 2019 Quarter)
Overall consumer credit applications down -5.9% (vs June quarter 2018), credit card applications declined by -10.4% (vs June quarter 2018) and personal loan applications also softened, by -2.0% (vs June quarter 2018).
Mortgage applications declined by -11.9% (vs June quarter 2018).
One in 10 consumers have switched credit products in the past 12 months, according to the Equifax Australian Consumer Credit Pulse 2019 report
SYDNEY, Wednesday, 31st July 2019 – One in 10 consumers have switched credit products in the past year, according to new research and analysis from Equifax, the global data, analytics and technology company and leading provider of credit information and analysis in Australia and New Zealand.
The Equifax Australian Consumer Credit Pulse 2019 report reveals areas of greatest opportunity among credit active consumers
SYDNEY, Wednesday, 31st July 2019 – More than 4.4 million applications for consumer credit are expected in the next six months, according to new research and analysis from Equifax, the global data, analytics and technology company and leading provider of credit information and analysis in Australia and New Zealand.
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.
New opportunities emerge for lenders as consumers benefit from comprehensive credit reporting, reveals the 2018 Equifax Australian Credit Scorecard
Demand for trade credit is growing but competition is fierce, according to the 2018 National Credit Managers Survey from Equifax
New research from Equifax indicates Victorians are highly receptive to conversion to solar power, battery storage and electric cars.
