Personal lenders dishing out money for new cars, holidays or home improvements sit at the coalface of the economy when it comes to assessing consumer confidence, and SocietyOne has been observing that more middle-class Australian are seeking to spend.
SocietyOne chief executive Mark Jones expects confidence will continue to build after Victoria's significant relaxing of its lockdown and state borders come down.
Loading...
James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
