Category Archives: Australian News

If you can’t beat ’em, join ’em – the story of NAB’s belated BNPL offering

Would you look at that! NAB becomes the latest bank to give in to the BNPL tidal wave. If you can’t beat BNPL with outdated high-interest credit cards, why not join the fray? NAB’s tilt at the BNPL market could be called a cynical play by an established bank to gather coveted Gen Z customers before they jump ship to

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Is the government going to announce a new Buy Now Pay Later Tax before the election?

Since December last year there have been reports and rumours circulating that the Federal Government could impose a new tax on Buy Now Pay Later (BNPL) users. 67% of Afterpay users are Gen Z or Millennials. This means it’s likely any new BNPL tax would  hit young people the hardest. As it stands, consumers who use BNPL apps don’t pay

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Buy now, pay later providers move into the data business – what does it mean?

black android smartphone on top of white book

We’ve written in the past about the concern of consumer groups potential risks of Buy-Now-Pay-Later (BNPL) use. We believe this risk is often overstated and the positive effect BNPL is having on consumers, under-appreciated.  Recently BNPL was once again in the crosshairs of consumer groups in an article by CHOICE ‘Buy now, pay later providers moving into the data business’. 

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