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In a tale of two markets, Australia finds itself contending with starkly opposing realities in its real estate landscape. While the residential sector grapples with a severe shortage, commercial properties, particularly office spaces, are experiencing very high vacancies.
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Driven by a continued fall in credit card applications, despite steady growth in personal loans. Mortgage demand decline continues.
Overall consumer credit applications fell -7.1% (vs March qtr 2018):
There are always early warning signs when a business is experiencing financial distress. Not surprisingly, many of these signs are found in the financial statements.
Predominantly driven by asset finance
Overall business credit applications dropped 10.15% (vs March qtr 2018)
Kevin James, Head of Advisory & Analytics Consultancy Services at Equifax, talks about the benefits of CCR for lenders and consumers post Royal Commission.
In this video, Matt Strassberg, General Manager, External Relations at Equifax, discusses new regulatory changes coming into focus post the Royal Commission.
In this interview, we find out why Australian small business owners are turning to online lending.
Need a ‘to-do’ checklist to prepare for financial year end? Here’s what to include.
You’re a small business owner seeking loan approval. What do lenders look for, and what does it take to make a good impression?
