COVID ‘leveraged’ to promote home gaming Aristocrat Leisure Limited (ASX:ALL) is successfully transitioning gamblers to online and digital apps and games and away from ‘physical’ gaming venues such as community based pubs and clubs. This is removing problem gambling from public sight, away from the oversight of regulators, containing the issue to homes. Monitoring, welfare checks and harm minimisation efforts
Read more
Actual real wallets are still more popular than mobile wallets Today Commonwealth Bank has issued media information suggesting that mobile wallets will soon overtake contactless cards as a favoured way to pay for goods and services. Commonwealth Bank says the dollar value of their total digital wallet transactions rose from $1.0 billion per month to $2.1 billion between March 2020
Read more
Josh Frydenberg’s budget 2021 is a document designed to curry favour with women and single parents with plenty of new funding and cash for people in difficult circumstances. But the government has neglected to raise JobSeeker or the Single Parent Payment. Get on top of everything single parents need to know about the 2021 federal government budget in five minutes.
Read more
The Indue Cashless Debit Card reduced spending on grog by …… $88 per year, per person in one of the trial sites. Data released by the government shows that the Indue Cashless Debit Card scheme hardly reduces alcohol spending at all. Over 5 years to April 2021, the Cashless Debit Card issued by Centrelink in five ‘trial’ communities has reduced
Read more
On Tuesday the 11th of May, the treasurer Josh Frydenberg will announce the budget and a new program to help separated and divorced parents buy a home called the Single Parent Family Home Guarantee. Singlemum.com.au got the details of the package early. The Single Parent Family Home Guarantee will support up to 10,000 divorced / separated parents (who have care of dependent
Read more
Cold water immersion and cold water open water swimming are the new buzz words for healthy activity, especially for middle aged adults. This is an amazing experience that revitalises your mind, body and mood. From Saturday 1 May 2021, and through winter 2021, there is just one supported swim group at Williamstown Beach each week – the 9am Saturday Cool Water
Read more
Osko, CBA failures just the latest to leave customers stranded. Today, reported problems with ‘Osko’ payments between banks facilitated by the New Payments Platform are leaving bank customers stranded and angry. Customers of all banks have reported the failure of the “Osko” real time transfer system to their banks overnight on the 27 April and the morning of 28 April
Read more
Trying to find a bank branch near me is getting harder and harder. Bank branches are closing down fast. Bank owned ATMs are also closing. (Full list of suburbs and towns that are losing their big-bank branches is below). You can be forgiven for thinking we are we being herded into a cashless society because Australia lost 643 bank branches
Read more
“So much winning, you’ll get tired of winning,” promised Donald Trump to his adoring supporters. The truth of his presidency may not have been quite as much winning as promised but the real truth he was speaking was clear. So clear, it seems kind of dumb to say it out loud: We live in a hyper-competitive world where ‘winning’ is
Read more
USA based FIS issued a report predicting Australia would be largely cashless by 2024. FIS specialise in merchant payment solutions and supporting and securing cashless transactions. The FIS findings are not supported by real world data or readily available market information, for example: Last month, the Reserve Bank of Australia reported that, while cash’s share of payments has fallen, cash
Read more