Financial Services News Wrap

Thu, 21st May 2026

20. maj 2026
episode Thu, 21st May 2026 cover

Beskrivelse

In this episode of the Daily Financial Services News Wrap, host Paige Estritori discusses AUSTRAC's 2026 Financial Crime Risk Snapshot, revealing an increasing trend of digital platforms being used for criminal activity. She highlights the call for financial institutions to increase their digital security measures. The resilience of Australia's non-life insurance sector is also discussed, with a significant revenue increase of 11.1% in the last fiscal year. The Australian Competition and Consumer Commission's continued examination of Insurance Australia Group's proposed acquisition of RAC Insurance is emphasized alongside an exploration of the booming life insurance sector based on data from the Australian Prudential Regulation Authority. Despite certain challenges, the report points to a promising future for the financial industry.

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Alle episoder

834 episoder

episode Thu, 18th Jun 2026 cover

Thu, 18th Jun 2026

In today's Financial Services Online podcast, Paige Estritori discusses key economic updates in Australia. The Reserve Bank of Australia, surprising expectations, has decided to hold the cash rate at 4.35%. Despite a string of three consecutive hikes earlier this year, this pause may be temporary as they hint at further increases to control inflation, despite dropping oil prices. In motorcycling news, CFMOTO Australia is offering exclusive deals for their 450cc range as part of their 'Ride Forward Sale.' On the farming front, there are concerns as NRMA plans to exit the farm insurance market, affecting Hobby and Rural Farm Insurance policies. An encouraging innovation, electric hydrofoiling boats, brought by Vessev and ENAUTIC Group, is set to revolutionize commuting and leisure cruises in Perth, aiming at a sustainable future.

I går0
episode Wed, 17th Jun 2026 cover

Wed, 17th Jun 2026

This episode of the Financial Services Online Daily News Wrap offers insights into the Australian motorcycle market, farm insurance sector, local transportation, and the financial services industry's legal landscape. First off, CFMOTO Australia announces a 'Ride Forward' sale on their 450cc range for a limited period. Meanwhile, with NRMA ceasing to offer Farm Insurance, Australian farmers are looking into other alternatives. In transportation news, the introduction of electric hydrofoiling boats by Vessev and the ENAUTIC Group to Swan River, Perth, promises a travel upgrade and an eco-friendly solution. Lastly, a landmark ruling by Australia's Federal Court orders Cigno Australia and BSF Solutions to pay a $7 million penalty for executing an unlawful payday lending scheme.

16. juni 20260
episode Tue, 16th Jun 2026 cover

Tue, 16th Jun 2026

In this podcast, Paige Estritori of Financial Services Online discusses key updates from Australia's financial sector. Notably, Sterling Insurance enhances its professional indemnity offerings by securing a new authority with Lloyd's, expanding its focus to design, construction, and consulting services. The Reserve Bank of Australia maintains the cash rate at 4.35%, marking confidence in the country's economic stability. Innovative insurtech company, Cohabit, launches a platform revolutionising strata insurance management, making it efficient and transparent for property owners. Lastly, Suncorp invests in a $2.4 billion reinsurance agreement to bolster financial resilience against rising natural hazard costs. Stay tuned for more updates on the pulse of Australia's financial services.

15. juni 20260
episode Mon, 15th Jun 2026 cover

Mon, 15th Jun 2026

In this episode of Daily Financial Services News Wrap, we discuss the latest updates in Australia's financial market from June 15, 2026. Sterling Insurance has enhanced its control over products and pricing with a new professional indemnity binding authority with Lloyd's, expanding into areas like construction, training, and consulting. The Reserve Bank of Australia has maintained the cash rate at 4.35%, reflecting confidence in economic stability with current employment and inflation trends. In insurtech news, Cohabit has launched a new platform for managing strata insurance, promising more transparency and efficiency. Lastly, Suncorp has secured a $2.4 billion reinsurance agreement for five years starting June 30, bolstering its yearly protection against natural hazards. For more details on insurance, finance, and money management, visit financialservicesonline.com.au.n

14. juni 20260
episode Sun, 14th Jun 2026 cover

Sun, 14th Jun 2026

In this episode, Paige Estritori covers multiple developments in the financial sector. Key topics include the launch of a $27 million Drought Resilience Fund by the Australian government targeting farmer's resilience against drought and climate challenges. In insurance matters, Insurance Australia Groups (IAG) has consolidated with RACQ Insurance enhancing its reinsurance program and offering significant event coverage. Additionally, IAG confidentially settles a $4 billion lawsuit with Greensill Bank averting potential legal hurdles and reputation risk. Finally, AFCA dismisses a complaint against Nippon Life Insurance, underlining insurers' right to reprice and the need for consumers to understand policies correctly. The episode wraps up reminding the audience to stay safe and financially informed.n

13. juni 20260