Financial Services News Wrap

Sat, 6th Jun 2026

5 de jun de 2026
Portada del episodio Sat, 6th Jun 2026

Descripción

In this podcast, Paige Estritori of Financial Services Online discusses the growing trend of utilizing artificial intelligence (AI) in the financial services sector using the Commonwealth Bank of Australia's strategy as an example. The episode also mentions the Australian Securities and Investments Commission's recent revocation of licenses for two financial firms due to significant compliance failures. It touches on the critical shortage of skilled labour in Australia's marine industry and the subsequent call for investments in vocational training. Lastly, it covers UK-based firm Zenobē's massive investment into Australia's electric truck fleet, aiming for sustainable transport. Tune in for an informative look at financial services, regulatory updates, workforce challenges, and green initiatives.

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847 episodios

Portada del episodio Tue, 30th Jun 2026

Tue, 30th Jun 2026

Today's edition of the Daily Financial Services News Wrap, includes insight into how risks associated with AI have moved into the concern of boardroom discussions, as highlighted by the Corporate Risk Radar 2026 report. The move stresses the importance of effective AI governance for businesses. The upcoming Payday Super reform may pose new cash flow challenges for small businesses. It mandates a timely coincidence of superannuation contributions and wages, necessitating robust payroll systems. Meanwhile, the insurance sector sees a new residential strata insurance product from Vero aiming for transparent pricing of complex strata risks. Finally, new competitive offerings from Chinese automaker Chery may disrupt Australia's budget EV market, making affordable EVs more accessible to Australians.

29 de jun de 20260
Portada del episodio Sun, 28th Jun 2026

Sun, 28th Jun 2026

In this episode of Financial Services Online, host Paige Estritori delves into crucial financial events. HCF Life's recent Federal Court appeal has refocused attention on policy wording, particularly about potentially misleading and unfair terms concerning pre-existing conditions. Transitioning to property insurance, the Australian Government's cycline reinsurance pool brings promising reductions in home, strata, and business insurance premiums, notably in cyclone-prone regions. However, escalating claim costs and construction inflation continues to pressure affordability. A shift to SMEs sees Haven Underwriting launching a new broadform liability insurance product, giving more options for property owners, hospitality venues, self-storage facilities, and retailers. Lastly, Vero's new nil-commission strata insurance product foretells industry changes classifying strata as a specialist class for better governance. While insurance foretells industry changes, consult experienced brokers and carefully review policies and assets is advised.n

27 de jun de 20260
Portada del episodio Sat, 27th Jun 2026

Sat, 27th Jun 2026

This podcast provides updates on Australia's financial services and industry news for June 27, 2026. It highlights a strong boat buying market with the Marina Industries Association reporting high occupancy rates and robust revenue figures, contributing substantially to the Australian economy. It also covers the launch of the competitively priced Captain 45 WorkReady light-duty truck from DFAC Trucks Australia, targeted towards small operators and featuring state-of-the-art inclusions. Judo Bank, an SME lender, comes in focus with a drop in share prices due to rising loan losses, resulting in tight scrutiny on credit applications. Lastly, new regulatory findings from the Australian Securities and Investments Commission, impacting caravan buyers, have been announced with further details to be provided in due course. Visit financialservicesonline.com.au for more information.n

26 de jun de 20260