Business
Here’s what you need to know from today’s banking summit // Motley Fool Australia
The Australian Financial Review hosted its annual Banking and Wealth Summit today, which brings together a forum of banking and wealth leaders, regulators, and policymakers to debate the future of Australia’s financial services. Today’s summit was hosted digitally.
Here are some takeaway highlights.
Buy now, pay later industry ‘a potential threat’
Commonwealth Bank of Australia (ASX: CBA) chief executive Matt Comyn says that the buy now, pay later (BNPL) industry, especially its leading player Afterpay Ltd (ASX: APT), is a potential threat to the banking sector over time. The comment comes after data released on Monday showed that the BNPL sector had almost doubled in just two years. The data showed that transaction…
-
Noosa News19 hours agoMeet Chad Burgess, Pauline Hanson’s One Nation Party
-
Noosa News22 hours agoFrom Dreamy Dining Rooms to Moody Basement Bars, Nearly 200 Venues Have Been Shortlisted for the 2025 Australian Interior Design Awards
-
Noosa News19 hours agoWestern Queensland graziers begin grim stock count after catastrophic floods
-
General24 hours agoNew Zealand wants more ‘automated decision-making’ in its welfare system. Could that lead to Robodebt 2.0?