Finance News - Page 36

Facebook could be adding peer-to-peer (P2P) payments to its Messenger service in Australia as early as next year, but one fintech representative says it will need to work with the banks to make it in the...

ANZ has introduced Garmin Pay to its customers after signing a partnership with the wearable tech giant. ANZ customers will now be able to load their credit and debit cards on the Garmin app and use...

Malcolm Turnbull has announced plans to establish a royal commission into the banking sector, and one fintech is hopeful it will bring more competition and trust to financial services in Australia. The announcement comes following a...

As Mount Agung in Bali poses an imminent threat of eruption, many Australian travellers have been left stranded on the island or forced to make last-minute changes to their holiday plans. Flights in and out of...

The rise of bitcoin's value past the $US10,000 mark is likely to strike fear into Australia's banks and traditional financial institutions, according to one bitcoin trader. Bitcoin trader and founder of digital currency exchange Bitcoin Babe, Michaela...

The Government has announced it will legislate a Consumer Data Right, to help consumers compare and switch to new, cheaper products.

The Reserve Bank (RBA) has put low wage growth at the centre of Australia's economic troubles, pinning the blame on local businesses, but one economist said he thought it was a "little harsh". In Sydney last...

The Australian dollar has fallen again amid wage growth concerns from the Reserve Bank (RBA) and a forecast from Morgan Stanley that it will fall to 67 US cents in 2018. Today the RBA released the minutes of...

The Government has warned shoppers to beware of excessive card surcharges and dodgy refund policies in the lead-up to Christmas.

Westpac-owned Reinventure Group has announced it will invest an undisclosed amount in property investment platform BRICKX.

ING has announced it will end ATM fees around the world and reduce fees on international transactions; which banks aren't following suit?

Becoming the third of the Big 4 banks to cut its range of rewards-based American Express (Amex) companion cards, Westpac has announced its customers will be able to apply for two new Amex cards in early 2018 which...

Treasurer Scott Morrison is pushing a set of tax reforms which will make it easier for fintechs to access cheaper financial support. One of the Government's focuses are regulations surrounding authorised deposit-taking institutions (ADIs) and which ones can and...

Three giants of the Australian banking sector are collaborating to create a new mobile payments platform for consumers and businesses. The application is called Beem It and will allow users to store their debit card information and...

Despite a strong showing from Victoria off the back of increased housing demand, NSW is once again the best-performing Australian state.

People living in Melbourne who have private health cover with Medibank and AHM can now find a local GP, get a quote, pay and claim their benefit with the HICAPS Go mobile app, dubbed the “Uber...

The very first Qantas Dreamliner plane has landed in Sydney this morning, ushering in a new era of Australian air travel. The new aircraft - named 'Great Southern Land' by Qantas - will be the first...

Melbourne-based fintech startup CanYa has sold $1.8 million of its cryptocurrency in less than 24 hours in a market pre-sale this week. CanYa is an online peer-to-peer (P2P) marketplace that enables users to broadcast job requests...

According to new research, Australian females have hit a new high for life expectancy, with one industry expert saying this could lead to lower life insurance premiums for women. The Australian Bureau of Statistics' (ABS) latest life...

In the short time since the Government's sweeping health insurance reforms were revealed, there's been a mixed-bag of statements and responses. Here's what we've heard from the biggest stakeholders in the wake of these momentous changes. Source:...