An update on all things CCR

There is always a lot going on behind the scenes by leading lenders, industry bodies, and Equifax to advance credit reporting in Australia.

Over the month of November, the industry got together at the annual ARCA National Conference to share ideas for optimising outcomes in an uncertain world.

The Productivity Commission on Data Availability and Use also provided its draft report. The report outlined a number of recommendations to unlock the power of data such as new technologies to collect and process data and changes to consumer access and rights to their own data.

Our latest infographics have some great visuals to track the industry’s transition to CCR and deeper insight into credit reporting trends across a range of demographics. If you haven’t already checked them out, I urge you to do so. We will update these quarterly going forward as well as continuously post new articles, whitepapers, and resources to this pre-eminent CCR website to assist in your transition. 

2017 will be a big year for credit reporting with the market expected to reach several milestones. Enjoy your holidays before the big year to come!

Angus Luffman, General Manager Consumer Risk, Equifax