Finance News Wrap

This episode of the Weekly Finance News Wrap delves into several financial issues in Australia. Key topics include the impact of superannuation policies on housing prices, changes in housing values across cities, and a decrease in new home loan commitments despite a persistent desire for home ownership. It also acknowledges a survey indicating a gap between perceived and actual costs of financial...

In the latest edition of the Weekly Finance News Wrap, Paige Estritori reports on the mixed growth of the Australian housing market, with cities like Perth, Adelaide, and Brisbane leading while Sydney and Melbourne lag behind, according to CoreLogic data. However, with falling new housing loan commitments and the looming fear of a market slowdown, a plateau in property prices might not be far off....

This episode of Weekly Finance News Wrap delves into the current Australian financial landscape. Topics include a recent 3.9% decline in home loan commitments nationwide, including a sharper drop in owner-occupier and investment property loans, hinting at rising financial pressures from increased interest rates. Despite this, a recent survey reveals 44% of Australians aim to purchase property in t...

In this week's Financial Services Online podcast, Paige Estritori discusses key financial issues in Australia. Amid the national housing crisis, the Green Party's proposal to amend negative gearing and capital gains tax policies for affordable housing sparks controversy. The Australian Securities and Investments Commission's effort against digital fraud is highlighted, with over 3500 online invest...

In this week's Australian finance update, ASIC demonstrates commitment to curb cybercrime by shutting down over 3,500 fraudulent investment websites, imposing penalties of $59.8M, and launching 83 investigations with an 80% success rate. As Australia heads toward potential recession due to faltering growth, conflicting indicators reflect strong population growth with declining per capita income. D...

This week's episode on Finance News Wrap, hosted by Paige Estritori, discusses potential economic downturns in the Australian market. Forecasts suggest an economic contraction, the most severe since 2021, affecting employment and investments. There's an observed surge in housing prices, contradicting conventional wisdom and fueled by a gap in housing supply and demand along with strong overseas mi...

In this week's Financial News Wrap, host Paige Estritori discusses the surprising rise in Australian home prices, which shot up 10.7% despite monetary policies and interest rate hikes by the Reserve Bank of Australia. This is due largely to a mismatch between housing supply and demand, increased foreign investment, and strong migration trends. However, investment lending is also on the rise, sugge...

This episode of the Weekly Finance News Wrap discusses various financial topics. In real estate, mortgage commitments to investors have risen, countering fears of a retreat. There's also been an 18% growth in sales of investment properties. The ANZ bank is set to acquire Suncorp, pending approval from the Treasurer and Queensland authorities. In the financial advisory community, podcast co-host Ca...

This podcast episode discusses key developments in the Australian financial sector from March 2nd, 2024. Topics include a surprising surge in investment lending despite market worries, suggesting continued interest in real estate investments. The podcast also covers ANZ's acquisition of Suncorp Bank, which, despite receiving regulatory objections, promises customer benefits and limited market disr...

In this episode of the Weekly Finance News Wrap with Paige Estritori, key events within the finance sector are discussed. The segment opens with ANZ receiving regulatory approval for their acquisition of Suncorp Bank, despite some resistance. Experts anticipate potential changes in Suncorp's rates following the merger. Meanwhile, financial influencer Canna Campbell has been ordered to pay for infr...

This podcast episode, hosted by Paige Estritori of Financial Services Online, covers pivotal developments in Australian financial news. It discusses a major legal ruling against financial influencer, Canna Campbell, who was ordered to pay $113,791.50 for infringing the trademark of accountant and entrepreneur Rhondalynn Korolak. It also reports on a troublesome trend in the banking sector, where a...