May 19, 2014

Who Really Owns the Big Four Banks?

Who owns the Big 4 banks?

In response to concerns over how our financial institutions operate, we recently launched a piece of research on the issue of bank ownership in Australia. Often consumers who choose to bank with smaller, more independent banks may, in fact, be banking with one of the ‘Big Four’. The following examination of who owns the big four (ANZ, Commonwealth Bank, NAB and Westpac) is the logical follow-on from that initial investigation.

Australia’s big four are not merely big, they’re massive. Humongous. Their combined assets in 2013 stood at $2.86 trillion—or roughly twice the size of Australia’s national income.
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December 12, 2012

If Apple Made a Credit Card…

If Apple Made a Credit Card

We decided to indulge in a spot of marketing imagination and dare to pose a question that few are even thinking about. Has the time come for Apple launch its own credit card?

Since the invention of the credit card, the speed of change has been glacial and the market has largely stagnated. The core credit card product offered by one bank is, at best, only marginally different to that of any other bank. There are undoubtedly important points of differentiation (interest rates, fees, rewards programs, insurances, etc.), but all in all, over the decades, change has been evolutionary, not revolutionary. Something has to happen. And it may be happening now.
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July 6, 2012

What Kind of Spender Are You? (Infographic)

Have you ever wondered how your spending compares to other people’s? Does your addiction to shopping drive your husband mad or have your friends ever joked about how you like to hold on to your money? Everybody is different when it comes to money, but broadly speaking our habitual patterns tend to align with a certain profile. In this infographic, which follows on from our earlier research into the attitudes of Australian consumers towards spending, saving and investing their money, we break down the psychology of spending into 10 broad groups. I’d be very surprised if you don’t find yourself in at least one of them! Check it out below.
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June 20, 2012

The Ultimate Money Test Results (Infographic)

You may already have heard about our Ultimate Money Test, a unique test for knowledge, behaviour and attitudes towards work, the economy, spending and saving money. Starting back in February we began surveying over 1,000 Australians. The results are now in, and they reveal that Australia is a nation of money savers and deal seekers. But as the results show, it isn’t all rosy!
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August 29, 2011

Will Mobile Payments Kill the Credit Card? (Infographic)

Are wallets soon to be a thing of the past? If the rising popularity of mobile payments using your mobile phone is anything to judge by, then the humble wallet is in for a 21st Century makeover. One that involves smartphones and NFC technologies.

For more evidence that mobile payments will be coming to a pocket near you, check out our infographic.
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