The new system covers 5 years of financial records, compared to 2 previously, including information on borrowers' employment status, co-borrowing records, and utility payment history.
January 20, 2020The efforts are aimed at developing data from non-financial sources, an electronic identification system, and a suitable regulatory framework.
January 14, 2020The revised Bill introduces a new category of credit reporting information, enabling hardship information to be reported alongside repayment history.
December 9, 2019Banks need to act now to minimise future climate-related costs and the impact on their creditworthiness, says a new report from S&P Global Ratings.
September 16, 2019Public inquiry’s first round of hearings reveals multiple failures at ‘big four’ banks to lend in customers' best interests.
March 29, 2018