The Reserve Bank of Australia and the Australian Securities and Investments Commission are targeting young adults as part of a campaign to boost financial literacy. With Gen Z increasingly stressed about their money, finance brands can be proactive about educating and empowering their users.

Why can’t Gen Y budget? And how is comparison culture fuelling bad credit? Canvas8 spoke with Melissa Browne, author of Unf*ck Your Finances, to discuss Australian Gen X and Y’s spending trends, their unhealthy relationship with money and how they can take control of their finances.

A record number of Australians are opting to use 'buy now, pay later' schemes instead of traditional credit cards, with those aged 18-34 leading the charge. As Gen Yers and Zers struggle to manage their finances, they’re seeking out payment options that fit their lifestyles.

Aussies shoppers are creatures of habit, preferring to visit one-stop-shops both online and offline where they can pick up all they need at once. Cashback platform ShopBack is tapping into this behaviour by providing a centralised, streamlined way to get rewards from a range of brands.