Digital lending and payment provider WLTH and Parley for the Oceans, a new form of environmental organisation, announce a five-year partnership to empower customers with an innovative lending solution that offers an everyday way to protect the oceans and support the movement to end marine plastic pollution across Australia.
WLTH is collaborating with Parley for the Oceans to develop and deliver simple mechanics to its customers to aid in the protection of Australia’s treasured reefs and coastlines from the threats of plastic pollution.
Aimed at a new generations of banking customers who are driven by authentic, impactful commitments to environmental responsibility, WLTH and Parley for the Oceans will deliver an eco-innovative suite of products and services over the next five years.
Scheduled for release in Q4 2021, WLTH will introduce the Convego® Parley Ocean Card developed with Giesecke+Devrient (G+D). The innovative new payment card, made of Parley Ocean Plastic® created from intercepted and upcycled marine plastic waste, will empower cardholders with an everyday tool to take action for the oceans.
Founder and CEO of Parley for the Oceans, Cyrill Gutsch said: “To end plastic pollution and the environmental crises behind it, we need to align our economic system with the ecosystem we all depend on: the oceans. Everyone has the power to demand change and take action to help create it, but it’s on industry leaders to own the responsibility of bringing new and better options into reality. The keys are collaboration and eco-innovation. This Convego® Parley Ocean Card and the alliance behind it represent the future we have the opportunity to create, and the role leaders of financial technology can play in shaping it.”
The dynamic partnership with WLTH gives Parley for the Oceans a new platform to scale its global mission to intercept plastic from beaches and coastlines while educating communities throughout Australia. Together, WLTH and Parley for the Oceans are re-imagining the future of lending and its social impact, creating a practical solution for customers to actively address today’s major ocean threats.
Co-founder of WLTH, Drew Haupt commented: “With sustainability in our core DNA, we have partnered with Parley for the Oceans and G+D to launch the first recycled ocean plastic cards in Australia. Not only is it an honor to be one of the first fintech doing so, but it’s also a goal we’ve been aspiring to achieve since the planning phase of building WLTH.”
“As a business, we want to make a difference to the environment and the world around us, and through this partnership, we will be fighting against the growing threat of marine plastic pollution, as well as protecting the oceans and waterways, that are such a huge part of the Australian lifestyle.”
Out of the gate, WLTH will contribute proceeds to Parley for the Oceans with every new user who activates a WLTH Pay account. WLTH will include additional mechanics such as round-up features, plastic off-setting options, and will host events and customer expeditions with Parley for the Oceans throughout the year to raise awareness for the beauty and fragility of the oceans.
WLTH’s commitment to support Parley for the Oceans includes allocating contributions for every home loan towards Parley for the Oceans’ Australian Clean-up Efforts to support intercepting plastic from beaches and coastlines from around the country.
Global Head of Sales and Distribution at G+D, Dr Carsten Wengel added: “Consumers are looking for new ways to a more sustainable lifestyle. That’s why we offer banks our ecologically eco-innovative payment cards. They remind consumers every day of their own and their bank’s environmental commitment to protecting the planet.”
Jimmy Wu discusses Sendle’s closure and its negative impact on small businesses and competition in Australia’s logistics sector
In Short:
– Sendle’s closure highlights challenges for Australian startups and small businesses, reducing competition and raising prices.
– Small businesses struggle with Australia Post’s dominance, lacking volume for bargaining and support.
The recent closure of Sendle has cast a spotlight on the increasing pressures facing startups and small businesses in Australia’s logistics sector. As competition shrinks, delivery costs are rising and service levels are declining, leaving businesses to navigate a more challenging landscape.
For many small enterprises, reliable logistics is critical—not just for day-to-day operations, but for the growth of their ecommerce operations.
Jimmy Wu from Zappy Australia joins Ticker to explain how these changes are impacting small businesses differently from larger players. Startups often face tighter margins and fewer alternatives, meaning that even small increases in shipping costs or delays in service can have outsized effects. “For smaller businesses, every delay or extra cost compounds quickly,” Wu explains. “This can influence customer satisfaction, cash flow, and ultimately the ability to scale.”
Potential solutions
The current situation echoes earlier exits in the industry, such as Temando in 2019, which also left gaps in logistics services for smaller enterprises. Wu suggests that the future of ecommerce growth in Australia will depend heavily on innovation in logistics, from more flexible delivery options to technology-driven efficiency improvements. Potential solutions may include collaboration between smaller logistics providers, increased use of digital platforms, and alternative shipping models tailored for startups.
As the sector evolves, small businesses must remain nimble and proactive in adapting to these challenges. Understanding the shifting logistics landscape and exploring innovative solutions will be key for companies looking to thrive in Australia’s increasingly competitive market.
AI transformation reshapes tech careers, creating demand for new roles and skills, says Promise Akwaowo from Royal Mail Group
In Short:
– AI is rapidly changing tech careers, creating new roles like AI business analyst and AI engineer.
– ICT professionals need to develop skills in AI, data literacy, and cybersecurity to stay competitive.
Promise Akwaowo, CBAP®, is a business analyst and product owner working across enterprise automation, data governance, and large-scale digital transformation.
In this discussion, Promise highlights how AI and automation are rapidly reshaping tech careers, creating entirely new roles across the global ICT landscape. According to him, AI has become a core requirement in tech hiring, with around 78% of job listings now referencing artificial intelligence.
Roles such as AI business analysts and AI engineers are growing quickly, with seven of the ten fastest-growing tech jobs linked to AI. At the same time, rising concerns around data use, privacy, and trust are driving demand for governance specialists and analysts focused on AI ethics.
Data literacy
To remain competitive, ICT professionals are expected to expand their skill sets, with data literacy, cloud fluency, cybersecurity, and automation projected to be essential by 2026. For businesses, investing in AI-ready talent is key to improving efficiency and supporting long-term growth.
Promise has also worked across sectors, including logistics, higher education, and investor relations technology, focusing on turning complex concepts into scalable digital products. His projects often apply human-centred design principles while emphasising clearly defined performance outcomes.
Jabin Hallihan discusses share investing strategies and market insights from Family Financial Solutions ahead of 2026
In Short:
– Jabin Hallihan advises diversifying portfolios and buying shares during fluctuating markets, emphasising long-term strategies.
– He highlights AI and copper as promising sectors, predicting strong earnings for BHP in 2026.
Jabin Hallihan from Family Financial Solutions shares expert advice on investing in shares as markets fluctuate. He highlights the difficulty of timing the market and echoes Warren Buffett’s philosophy: the best time to buy shares was yesterday. For investors, understanding market timing is crucial.
The ASX 200 is currently valued at around 8,500, slightly below its October peak of 9,000. With a price-to-earnings ratio near 17, above the long-term average of 14, expected earnings for the coming year look promising at 10–11%. Hallihan emphasises the importance of a diversified portfolio and identifies AI as a continuing investment theme, while high-quality stocks like BHP and Rio Tinto offer resilience during downturns.
For funding acquisitions, consider taking profits from outperforming US tech stocks and reallocating into leading Australian resource companies. Looking into 2026, AI investment by major firms is set to accelerate, and the Australian mining sector—particularly copper—could provide significant upside. Jabin Hallihan can be contacted through Family Financial Solutions in Heatherton, Victoria.