The launch of the Federal Government’s Personal Property Securities Register (PPSR) has signalled the start of a new and profound era for businesses and consumers across Australia.

The move to a single national register – and legal reform that underpins use of personal property as security for credit – impacts significantly on daily business processes, documentation, systems and the management of credit risk.

Comprehensive Credit Reporting

Comprehensive Credit Reporting (CCR) is all about a change in the credit information that can be shared by lenders in assessing credit. It will reshape the way lenders assess risk and consumers access credit.  

In industry terms, CCR means a shift from negative to comprehensive reporting: more data, more often, shared more widely – which provides a more complete picture of a customer’s credit commitments - benefiting consumers, lenders the wider economy.

PEXA e-Conveyancing

In 2014 the process of residential property settlement is going to become faster and simpler through an online platform supported by Property Exchange Australia (PEXA).
PEXA will be available to all lenders, lawyers and other professionals involved in mortgage and conveyancing processes, giving them the ability to perform electronic lodgements with Land Registries and settling funds online in a simple transaction.


Data doesn’t stand still.  It is growing and changing at a faster rate than ever before.  Every day, businesses are faced with the challenge of interpreting large volumes of data to make better business decisions, increase profitability, improve workflow and maximise efficiency.

Consumer Credit Demand Index

Veda’s quarterly Consumer Credit Demand Index measures the change in consumer credit demand for the quarter compared to the same period in the previous year.  Through our data insights we provide information our customers can use to make informed decisions.  Veda's quarterly credit demand index provides the latest trends in demand for credit cards, personal loans and mortgages.
Veda’s data historically shows that mortgage enquiries are a good indicator of home buyer demand, and an excellent indicator of housing turnover, with movements in mortgage enquiries tending to lead movements in house prices by around six to nine months.  Australian house prices have now returned to positive year-on-year growth, as foreshadowed by Veda mortgage enquiries.

Business Credit Demand Index

The business credit demand index measures the volume of credit enquiries that go through the Veda Commercial Bureau by credit providers such as financial institutions and major corporations in Australia. Based on this it is a good measure of intentions to acquire credit by businesses. This differs to other market measures published by the RBA/ABS, which measure new and cumulative dollar amounts that are actually approved by financial institutions.

In the media

Sydney, Australia, Thursday, 10 November 2016: More than 930,000 people, who may have been financially excluded under negative credit reporting, now have a credit profile, thanks to Australia’s shift to Comprehensive Credit Reporting (CCR).Read more
Sydney, Australia, 3 November 2016: The national average of application loan-to-valuation ratio (LVR) across Australia is currently tracking at 74.3%, according to the new Index from property data and analytics experts CoreLogic, and Veda, Australia and New Zealand’s leading provider of consumer and commercial data and insights and a wholly-owned subsidiary of Equifax.Read more
Sydney, Australia: Friday, 28 October 2016 – Although the majority of Australians consider themselves financially responsible when paying bills and sticking to a budget, a quarter of the population (26%) are splashing their cash on things they know they will struggle to repay1.Read more
Overall consumer credit applications up +2.6% (vs September quarter 2015) o Credit card applications declined by -0.2% (vs September quarter 2015) o Growth in...Read more
Sydney, Australia: Thursday, 13 October 2016 – After five years of increasing optimism, positive sentiment amongst credit managers has taken a dip, with only 31 per cent of participants expecting future economic conditions to have a positive impact on businesses, down from 47 per cent in 2015.Read more
Sydney, Australia – Wednesday, 12 October 2016: The Veda Quarterly Business Credit Demand Index – measuring applications for business loans, trade credit and asset finance – rose at an annual rate of +1.8% in the September 2016 quarter.Read more