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Steve Worthington

Steve Worthington

Steve Worthington is an Adjunct Professor at Swinburne University. He was previously Professor of Marketing at Monash University's Department of Marketing from 2002 to 2013, prior to which he worked at several universities in the United Kingdom and in executive roles at a UK bank and UK supermarket group. At Monash, Steve taught Strategic Marketing in the MBA program and Relationship Marketing and Marketing Financial Services in the Master of Marketing program.

His research interests are focused on the distribution of financial services, particularly through the channel of payment cards. These topics are of interest to both academics and practitioners. His paper Banking without the Bank, International Journal of Bank Marketing was ranked 12th highest downloaded article in 2012 (was 2nd most downloaded in 2011) and remains the 4th highest in terms of immediacy. This focused on the opportunities and challenges facing new entrants into the financial services market, particularly from brands such as Tesco Bank and Virgin Money. Steve is a member of the Financial Services Institute of Australasia and of the Academic Standards Board of the International Academy of Retail Banking. He is also an associate of the Australian Centre for Financial Studies (ACFS) for whom he wrote a paper entitled, Regulatory Interventions and their Consequences in the Australian Payment Card System, which was published in October 2013.

The ATM celebrates 50 years but we're using it less

Jun 27, 2017 03:04 am UTC| Insights & Views Technology

As the Automatic Teller Machine (ATM) celebrates its 50th birthday, its actually being used less and less to withdraw cash in Australia. There are currently more than 32,000 ATMs across Australia and cash withdrawals in...

Apple Pay may have won the battle but it may not win the war

Apr 06, 2017 07:33 am UTC| Insights & Views Law Technology

The Australian Competition and Consumer Commissions (ACCC) decision to deny some of Australias major banks the ability to collectively bargain with Apple and boycott Apple Pay, might have opened a whole new door for...

Apple Pay dispute may mean less opportunity to pay with your mobile

Oct 19, 2016 07:05 am UTC| Technology Life

As people increasingly reach for their phone to pay for goods in Australia, existing players in the contactless payment industry are trying to seek competitive advantage. Four of Australias leading banks are trying to...

Australian small businesses could be stretched by changes to commercial credit cards

Sep 02, 2016 06:41 am UTC| Insights & Views Business Central Banks

Small to medium enterprises (SME) are increasingly relying on commercial credit cards to finance their operations, because payment terms for the businesses they supply are stretching out. But if the Reserve Bank of...

Mobile payments and tap and go might not mean the end for tellers

Aug 03, 2016 06:03 am UTC| Insights & Views Technology

Consumers are drawing out less cash and using other methods to pay for things such as contactless payments, but this doesnt necessarily signal the end of bank tellers or their automated counterparts. There is...

Apple Pay no sure thing in mobile payments race

May 02, 2016 01:19 am UTC| Insights & Views Technology

When tech giant Apple announced its second quarter earnings of A$14 billion last week, it gave a limited glimpse into its mobile payments service Apple Pay. The service is gaining one million users per week, but not...

Negative Rates Series

Negative interest rates – are there any positives?

Mar 28, 2016 01:27 am UTC| Insights & Views Central Banks

Some say that economics is the dismal science and perhaps this is because many economic theories do not seem to work in practice. One contemporary example is negative interest rates, where instead of interest being added...

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Economy

New Zealand bonds end higher on weak risk appetite; U.S. threatens extra tariffs on $200bln of Chinese goods

New Zealand government bonds endedTuesdayssession on a higher note after U.S. President Donald Trump threatens with extra tariffs on $200bln of Chinese goods, intensifying trade war fear among investors. At the time of...

JGBs gain as U.S. President Trump terrorizes China with additional tariffs

Japanese government bonds gainedon Tuesdayafter U.S. President Donald Trump terrorizes additional tariffs on Chinese goods in an escalating trade war between the worlds two biggest economies. The yield on the benchmark...

Australia’s ANZ-Roy Morgan weekly consumer confidence weakens on pessimism towards economic conditions

Australias ANZ-Roy Morgan consumer confidence weakened slightly by -0.7 percent over the week to 122.1, a solid performance following the large 5.6 percent jump the previous week and leaving the index comfortably above its...

Australian bonds rally on escalating tensions of a trade war; U.S. 10-year yield dips to 2-week low

Australian government bonds ralliedon Tuesdayas investors moved to safe-haven buying after U.S. President Donald Trump threatened to hit China with new tariffs on $200 billion. The yield on Australias benchmark 10-year...

U.S. Treasuries climb as investors await host of FOMC members’ speeches amid quiet trading day

The U.S Treasuries climbed Monday as investors wait to watch a host of speeches from the Federal Open Market Committee (FOMC), due later today and throughout this week. The yield on the benchmark 10-year Treasuries...

Politics

Venezuelans are boycotting their presidential election

Venezuelas May 20 presidential election may be an election in name only. Nicolás Maduro is widely expected to be reelected as Venezuelas president despite his 20 percent approval rating and profound mismanagement...

Ramaphosa's new dawn: much better, but not nearly enough

Cyril Ramaphosas rise to power has been greeted enthusiastically by most South Africans. Their hope is that the new president represents a leadership cohort within the governing African National Congress (ANC) thats...

Profile: Avigdor Lieberman, Israel's hardline defence minister

One of the most divisive figures in Israeli politics, Avigdor Lieberman, has been his countrys defence minister since May 2016. Despite his publicly acrimonious relationship with the prime minister, Benjamin Netanyahu,...

The first terrorist act in Indonesian prison: the triggers and how to prevent them

Indonesia witnessed another terrorist act last week. But, this time, it occurred in a maximum-security detention centre located at the polices Mobile Brigade headquarters in Depok, West Java. More than 150 terrorist...

South Africa's print media is failing to empower citizens on corruption

The mainstream media can play an important role in fighting corruption. Investigative journalists in South Africa, for instance, helped to expose how the politically connected Gupta family captured elements of the...

Science

Bacteria Could Be the Key To Breathing on Mars, Study Says

The atmosphere on Mars is so thin that humans wont be able to breathe on the red planet unless they are wearing space suits. With plans to colonize it, wearing the bulky apparel would pose a considerable level of...

Magnets Could Be the Key to Better Wine, Study Finds

Humans have been making wine since pre-historic times, with the discovery of alcoholic beverages made from honey dating thousands of year back. Throughout the millennia, new methods for wine-making have cropped up. This...

Antipsychotic Drugs Increases Risks Of Obesity and Diabetes In Children, Study Says

Update: The article previously mentioned that antipsychotic drugs were used to treat attention deficit hyperactivity disorder (ADHD). The study does not mention this fact and we apologize for the inaccurate statement....

Scientists Just Found A Black Hole That Is Eating Everything In Its Path

Black holes are some of the most terrifying subjects in the realm of science. Not only do they offer a glimpse into the raw power that is present in the universe, they also invoke undefinable terror in those who imagine...

Salt Could Prevent Hearing Loss After An Explosion

In movies, whenever a bomb goes off or an explosion occurs, there is that iconic moment where sounds are muffled and there is a high-pitched ring that pervades the whole scene. While films can go over-the-top with regards...

Technology

'Fallout 76' Players on Xbox One Will Be the First to Get Beta Access

Bethesda Softworks has revealed that Xbox One players are the first ones to get beta access to the upcoming game Fallout 76. At the time of Fallout 76s announcement at the Electronic Entertainment Expo (E3) 2018 last...

Datally Gets Daily Limit Feature and Guest Mode with Latest Update

Datally users are getting an update that will add several features, including Guest Mode and the option to set a daily limit to mobile data usage. Googles own developed app, Datally, is practically a mobile data manager...

Niantic Labs Will Finally Add Item Trading and Friends List Features to 'Pokémon GO'

As the games second anniversary approaches, developer Niantic Labs confirmed it is adding some of the top-requested gameplay features on Pokémon GO, including trading items and keeping a Friends List. Reports...

More Than 100,000 Computers Infected by Mining Malware in China; 16 Suspects Arrested

A total of 16 individuals have been arrested in China for allegedly being involved in a widespread syndicated hack that saw 100,000 computers infected by crypto-mining malware. The arrest was conducted Saturday by...

UBS Group CEO Sees Blockchain as 'Almost a Must' for Businesses

The popularity of blockchain technology among businesses is still gaining momentum. And among the endorsers of the innovation is Sergio Ermotti, CEO of UBS Group AG, a Swiss multinational investment bank, Coindesk...
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2018-06-19 15:32:35
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2018-06-19 15:31:52
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June 19 12:55 UTC Released

USRedbook YY

Actual

4.7 %

Forecast

Previous

4.3 %

June 19 00:00 UTC Released

NZMilk Auctions

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3481 0

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Previous

January 31 00:00 UTC 201138201138m

ARAnnual Primary Balance*

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2016 bln ARS

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January 31 00:00 UTC 201138201138m

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 212958212958m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 201138201138m

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 212958212958m

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-1541 %

January 31 00:00 UTC 201138201138m

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 201138201138m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 201138201138m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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