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Big banks behind kids' pocket money apps

Pocket money apps like Kit and Spriggy are being used by big banks to market to children. CHOICE takes a closer look.

Sydney , New-south-wales , Australia , Australian , Carly-sawatzki , Katharine-kemp , Rivva-pty-ltd , Deakin-university , Commonwealth-bank , Commonwealth-bank-dollarmites , Commonwealth-bank-kit , Community-icon

Keep your 75 bank accounts, but I'm not sold on The Barefoot Investor

Keep your 75 bank accounts, but I'm not sold on The Barefoot Investor
brisbanetimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brisbanetimes.com.au Daily Mail and Mail on Sunday newspapers.

Australia , Harpercollins , Commonwealth-bank-dollarmites , Barefoot-investor , Commonwealth-bank ,

Keep your 75 bank accounts, but I'm not sold on The Barefoot Investor

Keep your 75 bank accounts, but I'm not sold on The Barefoot Investor
smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.

Australia , Harpercollins , Commonwealth-bank-dollarmites , Barefoot-investor , Commonwealth-bank ,

Desperately seeking help for my ADHD sons

Readers continue to discuss issues relating to the many problems in our health system.

Australia , Japan , Warrnambool , Victoria , Wangaratta , Anglesea , China , Malvern , Elsternwick , Sandringham , Bacchus-marsh , Melbourne

How teens are turbocharging Afterpay and Square's growth

How teens are turbocharging Afterpay and Square's growth
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.

Sweden , Australia , United-states , United-kingdom , Britain , Australian , America , American , Swedish , Paypal-venmo , Piper-sandler , Square-afterpay

Dollarmites: QLD schools to 'pay severely' for shock ban


News
by Stephanie Bennett
Premium Content
 
Queensland school P&Cs have been left reeling by the shock decision to dump the longstanding Dollarmites school banking program, with claims the financial impact could be severe.
P&Cs Qld chief executive Scott Wiseman said he was disappointed with the state government's decision to scrap the program entirely, and that schools were not given the authority to decide whether or not to keep the initiative.
He said the regular financial support of the banking program had contributed to multiple school projects and fundraising over the years, which had ultimately benefited many school communities.

Australian-capital-territory , Australia , Grace , Tara-croser , Scott-wiseman , Commonwealth-bank , Commonwealth-bank-dollarmites , Minister-grace , ஆஸ்திரேலிய-மூலதனம்-பிரதேசம் , ஆஸ்திரேலியா , கருணை , ஸ்காட்-புத்திசாலி

How a $10bn banking program came undone


How a $10bn banking program came undone
For 90 years the Dollarmites program was a school staple, but at some point it attracted big name opponents who have championed its downfall.
Business
by Cliona O’Dowd
Premium Content
Subscriber only
For nearly a century, Commonwealth Bank's Dollarmites program was aimed at teaching school kids a life-long lesson to save.
A staple in most primary schools across the country, the junior banking program, in place since 1931, encouraged students to get into the habit of setting money aside at a young age. But at some point it lost its way.
The $10bn moneymaker for the nation's largest lender is now being blacklisted as states and territories wake up to the unethical marketing exercise that duped generations of young kids.

Australia , Australians , Australian , Ronald-mcdonald , Grace , Scott-pape , Patrick-veyret , Commonwealth-bank , Young , Commonwealth-bank-dollarmites , Education-minister-grace , Barefoot-investor-scott-pape

How a $10bn banking program came undone

How a $10bn banking program came undone
whitsundaytimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from whitsundaytimes.com.au Daily Mail and Mail on Sunday newspapers.

Australia , Australians , Australian , Ronald-mcdonald , Grace , Scott-pape , Patrick-veyret , Commonwealth-bank , Young , Commonwealth-bank-dollarmites , Education-minister-grace , Barefoot-investor-scott-pape