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.
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.
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
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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.
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.