Last updated 6 July 2026 · Vertial Holdings Pty Ltd (ABN 72 629 494 926) trading as StatementIQ, Level 32, 101 Miller Street, North Sydney NSW 2060
These terms govern use of the StatementIQ websites and platform. If you are an individual sharing your banking data at the request of a firm, you are not charged for the service and your data is handled as described in our CDR Policy and Privacy Policy — sections 1, 9 and 11–15 are the parts most relevant to you.
StatementIQ is a service of Vertial Holdings Pty Ltd(ABN 72 629 494 926) of Level 32, 101 Miller Street, North Sydney NSW 2060 (“StatementIQ”, “we”, “us”). These terms apply to (a) businesses that register an account to use our platform (“firms”, “you”), and (b) anyone using our websites. By creating an account, using the platform, or clicking accept, you agree to these terms. Acceptance given electronically is binding.
StatementIQ turns bank data shared by an individual with their express consent, through the Consumer Data Right (CDR), into an income and expense report for the firm the individual nominated. We operate as a CDR Representative of Fiskil Pty Ltd (Accredited Data Recipient ADRBNK000246).
The service is an information tool. It is not financial product advice, credit assistance, an audit, or an assurance engagement, and reports must not be relied on as the sole basis for any decision. Automated categorisation is not error-free; material items should be reviewed. Each report carries its own method note and disclaimer, which form part of these terms.
Fees for the service are as set out in your order, plan or agreement with us, are in Australian dollars, and are exclusive of GST unless stated otherwise. Sandbox testing is free. We will give you at least 30 days’ written notice of any fee change, and if you do not accept a change you may cancel before it takes effect without penalty. Individuals sharing their data are never charged.
You may stop using the service and close your account at any time by written notice to hello@statementiq.com.au. We may suspend or terminate an account for material breach of these terms (including misuse of CDR data or unlawful conduct), giving you notice and, where the breach is remediable, a reasonable opportunity to remedy it first.
On closure: your access ends, outstanding fees for services already provided remain payable, and CDR-derived data is deleted in accordance with our CDR Policy. Minimal audit records are retained for compliance.
We own the platform, its software, categorisation models, branding and documentation. You own your business data, and reports prepared for you may be used for the purpose the individual consented to. Neither party gains rights in the other’s intellectual property except as stated in these terms.
We work to keep the service available and secure, but it depends on third parties (banks, the CDR ecosystem, our accredited provider) and no online service is uninterrupted. We may improve or modify features; if a change materially reduces the service you receive, you may cancel without penalty. Neither party is liable for delay caused by events beyond its reasonable control.
Our handling of personal information is governed by our Privacy Policy and, for CDR data, our CDR Policy. Banking data and reports are processed and stored in Australia. Individuals can withdraw consent at any time — how to withdraw.
Nothing in these terms excludes, restricts or modifies any consumer guarantee, right or remedy under the Australian Consumer Law or any other law that cannot lawfully be excluded, restricted or modified.
Subject to section 10: each party’s liability arising out of or in connection with the service is proportionate to the extent of its responsibility; neither party is liable to the other for indirect or consequential loss (such as loss of profit or goodwill); and our total aggregate liability to a firm is limited to the greater of the fees paid by that firm in the 12 months before the event and $1,000. Nothing in this section limits liability for fraud, wilful misconduct, or death or personal injury caused by negligence, and where liability cannot be excluded it is limited, at our option, to resupplying the service or paying the cost of resupply.
Reports summarise transactions that passed through the accounts an individual chose to share; they do not capture income or expenses outside those accounts. Decisions made using a report remain the responsibility of the firm making them.
If something goes wrong, tell us: complaints@statementiq.com.au. We follow the process in our Feedback & Complaints policy— acknowledgement within 1 business day and a response within 30 days. Complaints about the handling of CDR data may also be escalated, free of charge, to the Australian Financial Complaints Authority (through our CDR principal Fiskil’s membership) or to the OAIC — details in that policy.
We may update these terms. For material changes we will give firms at least 30 days’ notice by email or through the portal, and if you do not accept a change you may cancel before it takes effect without penalty. The current version always appears on this page.
These terms are governed by the laws of New South Wales, Australia, and the parties submit to the non-exclusive jurisdiction of its courts. If any part of these terms is found invalid, the rest remains in effect. A party’s failure to enforce a right is not a waiver of it. You may not assign these terms without our consent (not to be unreasonably withheld); we may assign to a related body corporate or in connection with a sale of the business, with notice to you.
Vertial Holdings Pty Ltd (ABN 72 629 494 926), Level 32, 101 Miller Street, North Sydney NSW 2060 · hello@statementiq.com.au