New Report Shows 4 in 10 Children in Out-of-Home Care Are Aboriginal and Torres Strait Islander

A new report shows the of number Aboriginal and Torres Strait Islander children in out-of-home care continues to be high, despite overall rates remaining steady. The annual report released by the Australian Institute of Health and Welfare (AIWH), titled “Child protection Australia 2019/20”, shows one in four of the roughly 46,000 children in out-of-home care…

Bleak Outlook For Banks As They Begin Feeling the Effects as FinTech and DeFi Gain Momentum

Bleak Outlook For Banks As They Begin Feeling the Effects as FinTech and DeFi Gain Momentum

Sources close to some of Australia’s largest banks have noticed significant inroads companies like Afterpay are invading their traditional markets. Credit cards with 25% per annum interest were once the mainstay of our biggest banks, profiting from a buy now pay later user experience. Many of us at some point have received those unsolicited offers…