Apple Pay has launched for St.George, BankSA and Bank of Melbourne customers, while Westpac has promised to deliver the contactless payments platform to customers by June 2020.
Twas' the week before Christmas and Aussie shoppers aren't feeling festive, with pre-Christmas consumer confidence the lowest it's been since December 2008.
Australians aren't feeling very jolly and neither will retailers, with consumer confidence slipping according to the Westpac-Melbourne Institute Index of Consumer Sentiment.
Frugal Aussies are making the tough choices and putting their tax cuts towards housing, insurance and food rather than splashing it on luxury items like travel and cars.
The Black Friday/Cyber Monday sales were expected to be the biggest retail days of the year, and data from Commonwealth Bank confirms it lived up to expectations.
Australia’s consumer watchdog has called for supermarkets, airlines and hotel operators to end the practice of automatically linking credit cards with customer loyalty schemes.
Australians are ready to give Santa the sack this year, with new research revealing over $400 million worth of unwanted presents were gifted last year and 10 million unwanted gifts were received – coming at a huge cost to our finances and the environment.