Insight Out - An Equifax Podcast

A Multi-Speed Recovery for the Construction Industry

It’s no secret that the construction industry has faced significant challenges over the past few years, and insolvencies remain at historically high levels. However, Equifax data suggests there might be green shoots emerging…although only for some segments of the building and construction sector. Join Carrie Cheung, Head of Insights, and Brad Walters, Head of Product & Ratings Services, as they discuss: * Emerging financial trends across the industry and their implications * The knock-on effects of these trends might be for infrastructure development and housing supply development goals * How these trends could impact home buyers * And more!

Is the uplift in consumer confidence built on smoke and mirrors?

Consumer confidence got an end of year bump in Q4 of 2024 - but is this uptick premature? Equifax modelling suggests that the positive impact of a rate cut will only be seen six to nine months down the track. Join Carrie Cheung, Head of Insights, and Kevin James, Equifax Chief Solutions Officer, as they discuss * What the emerging trends in consumer credit mean for lenders * Whether consumers are at risk of overextending themselves * The trends Equifax expects to see in consumer credit demand over the coming months * And more!

Are Insurers Optimising the Use of Data?

We're living in a new industrial revolution for Data Management and Open Data, but what does this mean for insurers and how can the power of data be harnessed for the good of the industry?In this episode, Equifax Insurance Solutions experts Neil Blount (Insurance Growth and Transformation Executive) and Dr. Carlos Leung (Principal Data Analytics Designer) discuss * How all classes of insurers can get a better understanding of what is happening in the broader insurance industry * The potential challenges of data gained from "Self disclosure" for Insurers * The value data verification can have for various insurance products * What data points and processes will serve insurers best * And more! This video was recorded in January 2023

The Unknown Unknowns of Insurance

"We don't know what we don't know" is an adage that holds true across industries, and insurance is no exception. Join Neil Blount, Insurance Growth and Transformation Executive, and Dr. Carlos Leung, Principal Data Analytics Designer at Equifax Insurance Solutions as they discuss * Some of the common blind spots in the insurance industry * Potential market gaps in the insurance segment when it comes to use of data * Improving both the customer journey and insurers’ risk management * Learnings from global markets to optimise data use in the Australian Insurance Industry * And more! This video was recorded in January 2023

Tax Debt Insights for a Proactive Approach to Credit Management

The ATO debt increased 13% between 2021 and 2022, reaching $61.6bn. Are credit professionals having to adapt their lending processes to ensure their risk exposure is being managed effectively? Join Equifax host Scott Mason, ATO Assistant Commissioner Claire O'Neill and AICM CEO Nick Pilavidis for a discussion about commercial tax default data and a deep dive into what credit professionals can learn from the past six months of collection activity, including: * the impact of tax debt disclosure on the credit environment * how tax debt levels are evolving post-Covid * myths uncovered about debt recovery and wind-up activity * insights for reduced risk exposure This episode was recorded in December 2022.