Financial Services News Wrap

In this episode, Paige Estritori dives into the latest in Australian financial news. She reports on the 2025 Global Investor Insights Survey indicating an international trend towards active investing. The survey shows 80% of respondents globally, managing US$67 trillion, are planning to expand their active management strategies. Similarly, Australian wealth managers are also gravitating towards th...

In this podcast, Paige Estritori highlights key points in Australia's financial landscape. The Australian ETF market is growing, expected to hit $300 billion AUM by year-end. Investors are shifting from high-cost active funds to affordable, diverse ETFs. With the fiscal year-end looming, superannuation contributors, particularly high earners, should time their contributions to qualify for current...

In this podcast, Paige Estritori from Financial Services Online discusses key financial events set for Australia. The Australian Exchange Traded Fund market is expected to surpass $300 billion in assets by the end of 2025, showing a clear move towards cost-effective investment strategies. However, the rise in ETFs is putting pressure on high-cost active funds. As the fiscal year wraps up, she also...

In this podcast, host Paige Estritori discusses several key issues influencing global and Australian financial markets. The escalating Israel-Iran conflict, and potential U.S. military involvement, has the global financial markets uneasy, resulting in a significant rise in oil prices and a shift towards secure assets. Attention is also given to concerns about inflation following recent U.S. milita...

On this episode of the Daily Financial Services News Wrap, we discuss proposed superannuation tax policy revisions anticipated to affect around 80,000 Australians, highlighting the debate over its potential to obstruct inter-generational wealth transfer. In global news, President Trumps reconsideration of his decision to dismiss Federal Reserve Chair Jerome Powell is examined in the light of poten...

In this episode of the Daily Financial Services News Wrap, Paige Estritori discusses key issues impacting the financial landscape in Australia. A proposed superannuation tax reform, targeting the unrealized capital gains of balances over $3 million, is causing concern for wealthy retirees, with debates ongoing. In international news, President Trump is reconsidering his decision to dismiss Federal...

In this episode of Financial Services Online, we cover key updates in Australian finance, including a significant boost in retirement savings expected due to changes in the Superannuation Guarantee. Despite gains, we highlight the need for better understanding of superannuation rates among Australians. We also discuss new APRA regulations that give lenders more flexibility in considering Higher Ed...

In this episode of the daily Financial Services News Wrap, we discuss the booming Perth property market, with a forecasted 5% annual increase in house prices and a 6% rise projected for units. Attention turns towards the call for reform in superannuation, specifically for foreign workers from Pacific nations and Timor-Leste facing difficulties due to language and technology barriers. We delve into...

On this episode of the Daily Financial Services News, Paige Estritori discusses the prospective boom in Perth's property market due to demand surge, with house prices potentially seeing an annual boost of around $50,000, and units experiencing about a 6% increase. She also covers the push for reform to simplify access to superannuation for foreign workers under the Pacific Australia Labour Mobilit...

In this episode, Paige Estritori dissects Australias private credit landscape, noting the resurgence due to regulatory changes and low-interest rates. However, the landscape grapples with challenges such as inflation-induced cash rate hikes and risks of opacity, illiquidity, and leverage. She highlights the need for transparency in regulations for continued growth. The podcast also covers cybersec...

In today's Daily Financial Services News Wrap, Paige Estritori discusses various happenings in Australias financial sector. A dispute involving the Australian Financial Complaints Authority and a policyholder highlights the need for better understanding of insurance policy terms. Acenda, a highly respected life insurer, won four awards at the recent ALUCA Life Insurance Excellence Awards, showcasi...

In this episode of the Daily Financial Services News Wrap, Paige Estritori discusses key financial updates in Australia. The focus is on 'Buy Now, Pay Later' schemes, with 21-year-old Shyneka Long's viral TikTok revealing her $19,000 Afterpay expense sparking new regulations for the providers. Other topics include the upcoming increase in Superannuation Guarantee contributions from 11.5% to 12%, w...

In this podcast, Paige Estritori discusses timely news of the financial sector. She begins cautioning young users about unchecked usage of Buy Now Pay Later services that lead to high debts, citing an example of a young consumer who spent $19,000 within two years. More regulations and checks were introduced to protect customers. In superannuation news, she talks about an impending hike that will i...

This episode of Financial Services Online discusses key financial issues including a major ruling by the Australian Financial Complaints Authority, the role of social media in finance, rising household savings, and upcoming superannuation tax changes. The ruling underscores the importance of full disclosure when dealing with insurance companies. The Australian Securities & Investments Commission w...

In this podcast, Paige Estritori discusses the latest developments in Australia's financial services industry. Key points include the Australian Securities and Investments Council launching a hastened IPO program, aiming to revitalize public markets and stimulate business growth. Pertinently, a report from EY Global Wealth Research uncovers untapped opportunities for financial advisors in the dras...

This episode of the "Daily Financial Services News Wrap" from Financial Services Online discusses several important financial trends and news in Australia. It starts with the evolving labour market where high living costs are prompting Australians, particularly young women, to take on multiple jobs. The discussion then turns to concerns over proposed changes to super tax laws, which could impact m...

In this edition of Financial Services News Wrap, Westpac's subsidiary, RAMS home loans, faces allegations of systemic misconduct by the ASIC over fraudulent document misuse, signaling ongoing governance issues. Consumer spending habits remained cautious despite economic stimuli, showing a minimal growth. As Australia initiates the second phase of Delivering Better Financial Outcomes reforms, super...

This episode of the Daily Financial Services News Wrap focuses on some major happenings in the global financial industry. News includes Westpac subsidiaries undergoing investigation by ASIC over accusations of systemic misconduct and fraudulent activities leading to improper loan approvals. Australian household expenditure showed a small uptick of 0.1% in April despite economic stimuli, indicating...

The podcast discusses key issues in the Australian financial sector, including allegations of systemic misconduct against Westpac and potential $30 million fine; a nominal increase in household expenditure despite financial turbulence; the implementation of reforms allowing super fund trustees to offer financial advice amid criticism and an ageing population; and legal issues facing The Star Casin...

In today's episode of Financial Services Online, we discuss the Australian Securities and Investments Commission (ASIC) intensifying its focus on the rapidly evolving private credit market to protect retail investors from high-risk products. A recent case underscores the importance of understanding and updating insurance policy terms to avoid financial consequences. In the education sector, intern...

In this episode of Daily Financial Services News Wrap, discussion centers on the growing demand for affordable financial advice among Australians due to rising living costs. New research by Colonial First State divulges that many Australians are not sufficiently aware of the benefits of financial advice, builds the case for further government's involvement in easing access to these services, and s...

In this episode of Financial Services Online's Daily Financial Services News Wrap, key financial updates were shared. The Fair Work Commission proposed a substantial increase to minimum wages for Australia's lowest-earning employees, set to benefit nearly 2.6 million workers. U.S.-China trade tensions are impacting global supply chains, as Chinese restaurants seek alternative suppliers, including...

In this podcast, Paige Estritori discusses key topics in financial issues in both the UK and Australia. In the UK, pet insurance payouts have hit a record high due to rising veterinary costs and higher consciousness among pet owners to financially secure their pets. Attention shifts to Australia where the New South Wales floods highlight a significant gap in insurance coverage for residents and bu...

In this episode of Daily Financial Services News Wrap, Paige Estritori discusses key developments in Australian finance. Millions of Australians eagerly await a proposed 20% reduction in student loans by the Labor government, despite a forthcoming 3.2% increase. The reform also raises the repayment threshold, promising financial flexibility for graduates. AMP Limited, an Australian financial servi...

This episode of the Daily Financial Services News Wrap brought you by Financial Services Online with host Paige Estritori covers major financial news in Australia. The show discusses the Labor government's plans to reduce student debts by 20%, a promise that despite an initial delay will offer retroactive relief to students. The episode also highlights a class action lawsuit against AMP Limited ov...