Financial Services News Wrap

Sat, 23rd May 2026

22. maj 2026
episode Sat, 23rd May 2026 cover

Description

In this episode of Daily Financial Services News Wrap, Paige Estritori discusses key happenings in Australia's finance industry. Highlights include HESTA's decision to cut insurance fees for its superannuation fund members by up to 12%, and 23.5% for income protection cover from July 1. This specifically benefits self-employed individuals and freelancers looking for financial security. The podcast also covers changes in legislation with initiated reviews for the Emergency Services Levy which may lead to reduced insurance premiums for small and medium enterprises. Additionally, the Australian Prudential Regulation Authority finalizes amendments aimed to bolster the retirement income product market. Finally, Estritori reveals CHU Underwriting Agencies' move to include cyber protection in residential strata insurance policies. Stay updated via financialservicesonline.com.au.

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842 episodes

episode Fri, 26th Jun 2026 artwork

Fri, 26th Jun 2026

In this episode of Financial Services Online, Paige Estritori discusses compelling updates in the marine, trucking, and banking sectors. Firm demand is maintaining the marina industry's revenue at $965m, despite economic pressures. However, labor shortages may impact services. Half of all marinas plan to invest in solar installations. A new entrant, DFAC Trucks Australia, is shaking up the light-duty truck market with its competitively-priced Captain 45 WorkReady. Backed by a seven-year warranty and 24 service centers, the vehicle targets small operators. In banking, Judo Bank's share price fell due to significant loan losses, indicating a challenging climate for Australias SME lending market. Due to rising interest rates, lenders demand strong financial management from SMEs. Lastly, the episode briefly mentions ASIC's findings on car finances. Visit Financial Services Online for more on finance and money management.n

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episode Thu, 25th Jun 2026 artwork

Thu, 25th Jun 2026

This episode hones in on Australia's crucial financial topics, with host Paige Estritori providing an insightful look at the pressure on the New South Wales Budget related to the Emergency Services Levy. This levy, largely garnered through insurance charges, is expected to net over $1.51 billion from insurers and policyholders by 2026 to 2027. Considering rising insurance costs, it underlines ongoing calls for systemic reform, with five potential new models up for discussion. There is a particular focus on the beauty industry, which is already wrestling with increased costs. Estritori also updates on a prominent life insurer facing backlash due to allegations of prolonged delays in claims handling. She emphasizes the importance of effective claim services as a key consideration when choosing an insurer. The ultimate message is to navigate these increasingly complex financial times with caution and prudence.

24. juni 20260
episode Wed, 24th Jun 2026 artwork

Wed, 24th Jun 2026

In this episode, Paige Estritori from Financial Services Online discusses key financial updates. The Reserve Bank of Australia's decision to maintain the cash rate at 4.35% might assert some confidence for motorcycle buyers, but affordability should be the main focus, keeping in mind other factors like loan terms, deposit size, and borrower profile. Safety and insurance for heavy vehicles have come into focus with the revised Heavy Vehicle National Law in Australia effective 1st August. Meanwhile, mortgage holders and savers need careful strategic planning amid ongoing high inflation and global pressures. The 2026 light truck market shows promising developments by leading and emerging players with options for diesel, hybrid, and electric vehicles. Factors such as payload, fuel efficiency, and overall cost of ownership are crucial for potential buyers. Stay tuned to Financial Services Online for more money management insights.n

23. juni 20260
episode Tue, 23rd Jun 2026 artwork

Tue, 23rd Jun 2026

In this episode of the Daily Financial Services News Wrap, host Paige Estritori discusses the ongoing changes in the Australian light truck market due to stricter emission standards, resulting in cleaner engines, advanced safety, and diverse configurations from brands like Isuzu, Hyundai, and newcomer DFAC Australia. The episode also delves into the complex implications of artificial intelligence in sectors like banking, finance, and healthcare. Further contents include renewed calls for transparency in strata insurance commissions in Victoria and New South Wales, and the significance of a ruling against HCF Life for misleading policy language, highlighting the importance of transparency in product disclosure. It all underscores the importance of fostering trust, informed decision-making, and growth amidst financial pressures.n

22. juni 20260
episode Mon, 22nd Jun 2026 artwork

Mon, 22nd Jun 2026

In this episode of the Daily Financial Services News Wrap, key updates in the Australian financial scene are discussed. The General Insurance Code of Practice is being revised with improvements to claims management, clear settlements, and better dispute resolutions, urging tradespeople to review their insurance policies. Meanwhile, the ASIC has reminded superannuation trustees to improve processes in handling death benefit claims. In Queensland, rising insurance premiums have led to affordability worries, with suggestions for landsfolk to reconsider their insurance policies. Lastly, proposed reforms on negative gearing and capital gains tax are creating a divide among experts, where landlords need to carefully plan their finances amid housing affordability issues. The host encourages regular insurance reviews for proactive financial management.

21. juni 20260