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20 April 2022 • By Paul Hemsley • 1 min read

Lygon bolsters its digital bank guarantees with $12.75m

A landmark fundraise by Australia’s biggest banks has secured a war chest of $12.75 million to the sector’s blockchain consortium, Lygon, to bolster ...

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Afterpay's loss surges to well over US$300m

Afterpay’s loss after tax ballooned to US$345.5 million in the first six months of 2021. In a sign that the buy now, pay later (BNPL) bubble has ...

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NAB cracks down on financial abuse

NAB’s bolstered security protocol has blocked more than 10,000 abusive transactions from 6,800 unique customers last month. NAB is cracking down on ...

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APRA details its crypto expectations in letter to banks

APRA is finalising a letter to banks relaying its expectations around crypto-assets. The prudential regulator is in the process of drafting a ...

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Multinational behemoths boosting ESG credentials

Walk past any rubbish bin outside local fast-food outlets, and the scene is the same – overstuffed trash containers full of used plastics and other ...

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Tesla boss becomes biggest Twitter shareholder

Elon Musk, head of Tesla Inc. and the world's wealthiest individual, has swallowed up a bundle of shares in the social media giant, Twitter.   The ...

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Labor pledges to turn Australia into a renewable energy superpower

Labor has pledged to transform Australia into a renewable energy superpower. In his budget reply, Labor leader Anthony Albanese promised to act on ...

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ANZ commences joint venture with Worldline

ANZ has announced the commencement of ANZ Worldline Payment Solutions, a joint venture with European payments provider Worldline. The joint venture ...

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Qantas, ANZ and INPEX team up to support reforestation, decarbonisation

Qantas, ANZ and Japanese oil company INPEX have inked an agreement to support reforestation and decarbonisation. The three companies announced on ...

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Qantas to reduce emission by 25% by 2030

Qantas has published a plan to achieve net zero carbon emissions by 2050. Qantas also has an interim target to reduce carbon emissions by 25 per ...

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