Mike Cutter


Group Managing Director, Asia Pacific

Mike joined Veda, now Equifax, in March 2015 with an extensive career in financial services, spanning more than 25 years, both in Australia and abroad. Mike’s roles have included time at National Australia Bank, CRO at ANZ (Australia), CEO at GE Money Australia & New Zealand, and CEO of OAMPS Insurance Broking. Mike has knowledge of Comprehensive Credit Reporting from international markets and has been one of the original champions of CCR in the Australian market. Mike has held numerous directorships and chairmanships with Wesfarmers, ANZ and GE. He is a Senior Fellow of Finsia, was a Director of the Women’s Cancer Foundation since 2006 to 2015 and served as a Director of the Australian Finance Conference until 2009 and National Insurance Brokers Association until 2014.

Event Sessions Featuring Mike Cutter


AltFi State of the Nation - Market Insights

AltFi Australasia Summit 2018 - Monday 16 April 2018

  • Lending to consumers makes up the guts of alternative lending, and among them 54% of applications come from under 30s. There is no evidence of a transition to older people.

  • The proportion of population using alternative finance is low, around 2%. Although states vary widely with QLD at the top. Inner metro has highest penetration. Rural penetration very low. Yet it’s rural borrowers that are most underserved.

  • There is a severe deterioration in the quality of borrower in Australia that are approaching alternative lenders

  • Debt to income ratio in Australia is now around 180%, suggesting we could be in for some credit event