Page 55 - Peter Gray News Today

All the latest ASX news from the Markets Live team. Reporting on the ASX200 today, Australia’s top stocks, companies, iron ore price, gold price, the Aussie dollar (AUD), Bitcoin, mergers, acquisitions, and breaking business news

Town of Fountain Hills Development Services Director John Wesley made a presentation to the Planning and Zoning Commission on Aug. 9, outlining some potential adjustments to the sign regulations in

The Planning and Zoning Commission seemed intrigued by the mixed-use development concept presented by Dan Kauffman of Kauffman Homes at the Aug. 9 P&Z meeting, but they had concerns about

Banks are ‘weaponising’ buy now, pay later myths, according to SmartWayToPay. Here’s what you need to know. Marni Dixit Buy now, pay later (BNPL) products such as Afterpay or Zip Pay have increased in popularity in recent years, with the Covid-19 pandemic seeing customer growth increasing dramatically.  It’s unsurprising why this is the case given the fact millennials are now 37% less likely to own a credit card because they prefer the simpler repayment schedules of BNPL platforms.  ...

Finkelstein investigating Crown casino and hotel separation Save Share That’s a wrap That’s it from us on the blog. Here are the key points you need to know from today’s submissions: Crown wants to either retain its casino licence with a monitor overseeing its reform process or lose it for two years but then reapply. In other words, it does not want the Melbourne licence to go to an open tender as counsels assisting the royal commission suggested. The company says losing its lice...

July 28, 2021 The FCA is most concerned about a scene where Wilson explains buy-now, pay-later to a bemused young girl. Source: YouTube. Australia’s financial counsellors have demanded a “disturbing” ad for a buy-now, pay-later company, starring Australian star Rebel Wilson, be dumped. In one scene of the Afterpay ad, the Hollywood star tells a young girl that “if credit cards and cash had a baby you could pay it over time without ever paying interest”. Financial Counselling Australi...

Banks accused of bias against BNPL in lending process subscribe A A An executive from buy now, pay later provider Zip has echoed reports from brokers around how banks treat home loan applicants who have used the payment method. Speaking to the parliamentary joint committee on corporations and financial services on Monday, Zip Co co-founder and chief operating officer Peter Gray launched some accusations against some unnamed banks of anticompetitive conduct. One of the claims Mr Gray made was th...

The European Union and the Netherlands are investigating issues relating to access to iPhone NFCs. Treasury has received a report examining the regulatory architecture of the payments system but this has not been released. Over the past two days, the PJC heard evidence there are too many regulators involved in payments regulation in Australia, creating confusion about respective responsibilities. ‘Distortions in markets’ The committee is considering whether to recommend a law such as ...

Switzer Daily 23 July 2021 The ASX200 closed up 1% for the five days to Thursday, an impressive result as nearly half the nation’s residents are currently in some form of lockdown and a couple of rough nights on Wall Street. Rising Covid cases and the aggressive nature of the Delta strain currently spreading through Sydney and beyond have only slightly dampened investors’ spirits, as the index holds above 7300 points, however volumes remain flat and many remain on the sidelines. Regular rea...

Australias Zip mulls crypto trading option as BNPL race heats up Toggle share menu Advertisement 22 Jul 2021 12:15PM Share this content Bookmark REUTERS: Australian buy now, pay later (BNPL) firm Zip Co Ltd is looking to provide users a chance to trade in cryptocurrencies, co-founder Peter Gray said on Thursday, as established players in the sector test newer areas of business to power growth. With the United States driving its fourth-quarter growth and the c...