Industry members take part in Vinnies CEO Sleepout

The St Vincent de Paul Society brought together leaders from across Australia for its annual flagship fundraising event – the 2024 Vinnies CEO Sleepout, focused on raising awareness and funds to combat homelessness and poverty.

The 19th annual event took place in June 2024, to raise funds for services supporting Australians facing homelessness and severe poverty. The sleepout has so far raised over $9 million nationally.

Among those taking part in industry included Mortgage Choice broker Mike Perkins, AMP Bank group executive Sean O’Malley, AMP Advice managing director Matt Lawler, The Mutual Bank CEO Mark Williams, among others.

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Open banking in the spotlight

Several open banking events have taken place in recent months, showcasing the challenges and opportunities facing the Consumer Data Right (CDR) regime.

One event, hosted by fintech Moneycatcha for its Regchain Stryd platform, brought together four senior leaders of the mortgage industry to share their insights into the issues holding back the Consumer Data Right (CDR) from its potential and how Australia can unlock more choices for consumers through CDR.

The Sydney-based event heard what open banking ‘utopia’ would look like from the perspectives of Moneycatcha founder and CEO Ruth Hatherley; Mike Page, the CEO APAC for MogoPlus; Sam McCready, chief customer experience and digital transformation officer at aggregation group AFG; and Lance Goodman, the CEO of comparison and advice platform Compare Club.

In her closing remarks, Hatherley said: “I think everyone’s got a responsibility – everyone who holds the products – to improve the consumer education piece … but I think the government does have a responsibility to increase exposure.”

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