Financial Services News Wrap

This financial services news podcast covers the need to engage Millennials and Gen Z in the financial advice sector, predicting a loss of up to $3.5 trillion if advisers fail to connect with these demographics. Amid the growth of the retiree population in Australia, the episode highlights an urgent need to enlarge the adviser workforce despite hindrances like high costs and stringent educational s...

In this episode, Paige Estritori from Financial Services Online discusses several key financial updates. The focus is on Australia's economic challenges as its income growth significantly lags behind the global trend, with concerns that a return to pre-pandemic income levels may not be possible until 2037 without significant productivity improvements. She also highlights a shift in the financial a...

In this edition of Daily Financial Services News Wrap with Paige Estritori, listeners are presented with methods for wealth-building, specifically focusing on income growth through career mobility and skill development rather than strict expense cutting. In the superannuation sector, those affected by Shield and First Guardian investments are advised on using ORFR reserves for remediation. Updates...

In this podcast episode, Paige Estritori provides a comprehensive look at the global financial landscape, starting with a surprising surge in Australia's GDP due to increased household spending. However, rising household debt and inflationary pressures pose potential issues. Reserve Bank is advised to reassess interest rates to maintain sustainable growth. The CEO of AustralianSuper, Paul Schroder...

In this episode of the Daily Financial Services News Wrap, Paige Estritori discusses significant financial updates from Australia and across the globe. The Australian economy is experiencing encouraging growth, as evidenced by recent GDP numbers; however, this progress also triggers concerns over household debt and inflation. Additionally, AustralianSuper CEO, Paul Schroder, calls for an overhaul...

In this episode, Paige Estritori provides a detailed analysis of significant economic events. Australia sees a Q2 GDP surge of 0.6% powered by an increase in household spending, although this raises concerns over household debt and potential inflationary pressures. The spotlight is turned on the need for pension system reforms in Australia, with the CEO of AustralianSuper advocating for a streamli...

On the Financial Services Online Australia daily news wrap, Paige Estritori reports on a surprising 0.6% surge in Australia's GDP for Q2 2025, highlighting it was driven largely by a significant increase in household spending but also warns about the potential pitfalls like rising household debt and inflation. She also covers a call for urgent reforms in Australias pension system by AustralianSupe...

This episode discusses the latest developments in the Australian financial sector and global finance. The top stories include the record-breaking surge in gold prices due to increased investor desire for stable assets, and a shift in the retirement strategy focus from wealth accumulation to income security. The update highlights Allianz Retire+'s belief that innovative income products and financia...

On this episode of Financial Services Online news wrap, Paige Estritori discusses key developments in the financial world. The Australian stock market sees a noticeable drop impacted by President Trump's inflation comments, causing investors to redirect to safer assets like gold. Meanwhile, tech stocks and banking sectors face challenges, while gold and silver mining stocks thrive amidst these unc...

This podcast episode traces key developments in Australias financial services on 2nd September 2025. It discusses the Labor governments expansion of its low deposit home buyer scheme likely to increase house prices and offers an exploratory analysis of its potential consequences on property affordability. Equally significant is New South Wales' comprehensive review of its Compulsory Third Party in...

This episode of the Daily Financial Services News Wrap discusses the potential of micro-investing and compounding interest in helping average Australians become millionaires over time. The presenter highlights how investing just $6 a day, with a return of 9.8%, can lead to considerable wealth over a few decades. The podcast also discusses shortcomings in the Your Future Your Super (YFYS) performan...

In this episode, Paige Estritori delivers the daily financial news, highlighting key issues and developments in the Australian financial sector. Estritori discusses stagnant wages with real wages 6.1% lower than their mid-2022 peak, suggesting that slow wage growth is negatively impacting Australians' purchasing power and could hinder economic recovery. Secondly, the Australian Securities and Inve...

In this episode of Financial Services Online, Paige Estritori examines the critical economic trends affecting Australians. Topics include the impact of stagnant wage growth on households and the economy and a closer look at the Reserve Bank of Australia's projections. On to regulatory news, the Australian Securities and Investments Commission has begun proceedings against Equity Trustees Superannu...

In this episode, Paige Estritori discusses key Australian financial trends. The country's sluggish wage growth, with real wages remaining 6.1% below their mid-2022 peak, affects household purchasing power and business revenues, possibly hindering economic recovery. The Reserve Bank of Australia is forecast to ease this decline to 5.5% by 2027. The Australian Securities and Investments Commission i...

In this episode of Financial Services News Wrap, the Australian government's decision to delay updates to the National Construction Code to speed up housing development raises concerns about safety, particularly from the Insurance Council of Australia. The advent of digital platforms in financial advice is explored, with Ben Nash from Pivot Wealth utilizing social media to engage with clients. The...

In this edition of the Daily Financial Services News Wrap, Paige Estritori discusses the transformation of the financial advisory landscape by Ben Nash, founder of Pivot Wealth, through mobilizing social media platforms for client engagement. There's also ongoing unease in the Australian finance sector about the postponement of Division 296 legislation, with concerns over potential retroactive tax...

In this episode of the Daily Financial Services News Wrap, Paige Estritori discusses fluctuations in the Australian sharemarket amidst a rollercoaster day on the ASX 200, driven by a slump in major banking stocks. Key developments included gains for Adore Beauty and Southern Cross Media but a sharp drop for Reece. The podcast also highlighted growth opportunities in wealth management, particularly...

In this episode of Financial Services Online, Paige Estritori features stories from Australia's thriving financial scene, including the remarkable transformation story of a 20-year-old Sydney entrepreneur, Naythen Lindsey who turned a Kwik Kopy franchise from a struggling business to a profitable venture. The prestigious 2025 Australian Wealth Management Awards and its winners are also highlighted...

In this episode of 'Financial Services Online' for August 24, 2025, the Australian Securities Exchange reached a historic threshold, with notable gains from Super Retail Group and Brambles. The Commonwealth Bank showed modest growth, while James Hardie saw a decline. The Australian Treasurer is targeting super tax breaks to address intergenerational equity, providing a potentially better deal for...

In this episode of "Daily Financial Services News Wrap", host Paige Estritori discusses landmark happenings in Australian finance such as the ASX 200 reaching 9,019.10 points primarily due to industrial and consumer stocks; though, some stocks, like the Commonwealth Bank had only modest gains. Treasurer Jim Chalmers' hint at tax reform to level opportunities across generations and wealth levels is...

In this financial update, Paige Estritori discusses recent market rallies in Australia with a notable performance by the Australian Securities Exchange 200 index reaching over 9000 points for the first time. Key contributors were Super Retail Group and Brambles, both experiencing significant growth, while the Commonwealth Bank and James Hardie saw more modest results. Despite these positive outcom...

On this episode of the Daily Financial Services News Wrap, we cover key financial developments in Australia, from declining real wages to changes in AI and regulatory issues. Since mid-2020, Australia's real wages have dropped by 7.3% and are projected to remain below peak by 5.5% till 2027. This decrease in income and consumer spending might hamper retail businesses. Meanwhile, a partnership betw...

In this episode of the Daily Financial Services News Wrap, Paige Estritori covers a range of topics including overseas market dynamics and domestic financial regulations. As anticipation builds for the Jackson Hole Economic Policy Symposium, Australia's dollar faces pressure due to increased market risks. The symposium's insights are expected to influence future economic trends. Trends in gold and...

In this episode of Financial Services Online, Paige Estritori covers key stories from the Australian financial world. QBE Insurance Group expands its landlord offerings, integrating generative AI technology and offering features such as rent default coverage, tax audit protection and machinery breakdown cover. A shift in family financial practices with Ashli Templer backing her husband's superannu...

This podcast, hosted by Paige Estritori, overviews the top financial news in Australia. Updates include QBE Insurance Group's enhancements to its landlord insurance offerings, which now include advanced features like rent default cover for a full year, tax audit protection, and machinery breakdown cover. Theyve also integrated AI technology into their range of products. There's a shift in family f...