Wildcard: The reverse budgeting app

It can be hard to resist spending your entire paycheck sometimes, particularly with the temptation of buy now pay later services like Afterpay and Zip. Most young Aussies (aged 18-29) have less than $5,000 in the bank, with nearly a quarter (24%) having under $1,000, according to a 2018 triple j survey.

Buy-now, pay-later popularity rapidly increasing

New research has found 1.95 million Aussies used a buy-now, pay-later scheme in the year up to September, up from 1.38 million in the previous 12 months.

New payments platform paves the way for open banking

Australia’s new high-speed payment system will allow consumers to more easily cancel direct debits, like gym memberships or Netflix subscriptions, in one of multiple new services soon to be available.

Aussies feel the pinch before payday

New research from Xero has revealed one in three workers have less than $100 in their bank account in the days leading up to payday.

How will consumers react to open banking?

Open banking is set to be fully introduced in Australia from February and experts say it will transform the financial sector as we know it.

NAB finds consumer anxiety on the rise

People’s concern about their future spending and savings rose over the September quarter, according to NAB, but still remains below average.