Category Archives: money

Aristocrat ‘aggressively’ moving gambling behind closed doors.

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

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Single parent’s 5 minute guide to the budget

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.

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Single Parent Family Home Guarantee ignores the real housing problem

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

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Payment system ‘outages’ kill cashless economy myth

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

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RBA data doesn’t support Cashless Australia predictions

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

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What single mums are saying about ScoMo’s $50 JobSeeker raise

From 1 April 2020, the Morrison government is raising the base rate of JobSeeker by $50 but axing the Coronavirus Supplement of $150. That means a NET result of $100 less in your pocket. What will JobSeeker pay from 1 April?  For single parents on JobSeeker, the current full JobSeeker base rate is currently $762. From 1 April, the parenting

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Carry cash or risk going hungry.

Eftpos, bank and credit union ‘outages’ are leaving people stranded. Consumers and retailers simply cannot rely on eftpos systems to work. Some people are loading up trolleys of food and essentials only to find their cards are not working or shop eftpos systems are ‘down.’ Recent Eftpos system outages have affected: At least 10,000 retailers using Tyro eftpos terminals, leaving

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CASH WELCOME SIGN FOR YOUR POS

Small business, retailers, hospitality and service businesses routinely complain of high bank merchant fees and charges. Terminal rental, contactless readers, Mastercard and Visa scheme fees, other bank fees all combine to make accepting card and contactless payments an expensive proposition for small business. This sign below has been popular with retailers and businesses. please download the sign and display near

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Supermarkets must accept cash

Supermarkets selling essential food and household goods are not accepting Australian banknotes issued by the Reserve Bank of Australia as payment for goods and services. Some Woolies Metro supermarket outlets in Sydney and Melbourne have attracted a flood of criticism on social media for refusing to accept cash as payment for food and essential items. “It is time for the

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EXPERTS LINE UP TO SLAM CSIRO COVID CASH LINK

Widely reported research published this week in Virology Journal by the CSIRO and the Australian Centre for Disease Preparedness (ADCP) in Geelong found that COVID-19 can survive for significant periods on non-porous surfaces. The experiment was conducted in a dark area, with artificial mediums using high loads of virus. Professor of Infectious Diseases, Peter Collignon from the Australian National University

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