News & Analysis

New digital banks 86 400 and Xinja are the first to launch app-based retail accounts

- September 10, 2019 3 MIN READ

Neobank Xinja has been granted a full banking license by Australian Prudential Regulation Authority (APRA), and will launch transaction accounts as the battle to carve out a digital slice of the $13 billion banking system’s revenue stream heats up.  APRA has now granted four authorised deposit-taking institution (ADI) licences to challenger banks, having recently approved… Read more »

News & Analysis

CommSec now has a smartphone app for small investors to trade on the sharemarket

- July 26, 2019 2 MIN READ

  Here’s an astonishing number about Australia’s $2 trillion sharemarket: just 4% of people trade online annually, despite the fact that it’s 22 years since the CBA launched CommSec, now the country’s largest online stockbroking firm. So the Commonwealth’s broking arm has taken matters into its own hands try make online trading easier and also… Read more »

News & Analysis

An Airtasker founder is taking on property sales with an app he’s calling ‘LinkedIn for real estate’

- May 29, 2019 2 MIN READ

Soho app CEO Jonathan Lui. Source: supplied After transforming the gig economy with an odd jobs app, Airtasker co-founder Jonathan Lui decided to turn his attention to real estate two years ago. The result is Soho, a property app that’s already being used by 30,000 people and connects owners, agents, buyers and renters. Lui describes… Read more »

News & Analysis

The hospitality industry now has an app that solves two of the sector’s biggest problems

- May 13, 2019 3 MIN READ

Supp is an app currently available to hospitality venues in Melbourne that offers casual shifts and connects employers with workers The idea was the brainchild of the couple behind Fitzroy’s Lune Croissanterie Supp is now seeking $1m via equity crowdfunding to take the idea interstate In the last two years, some of the biggest names… Read more »