Financial Services News Wrap

Mon, 1st Jun 2026

31 de may de 2026
Portada del episodio Mon, 1st Jun 2026

Descripción

In this episode of the Daily Financial Services News Wrap, Paige Estritori talks about the key developments in the commercial and property insurance markets in Australia, including the greater capacity and increase in competition offering more options for buyers. Despite stable market conditions, the cyber insurance sector is grappling with increasing costs due to cybercrime. Market trends are expected to continue unless affected by geopolitical, climate, and economic factors. Regulative changes have been made by the Australian Prudential Regulation Authority to improve the retirement income market, promising innovative and sustainable retirement income solutions for consumers. Meanwhile, the home loan sector witnessed a significant trend of borrowers refinancing their loans, reflecting increased proactivity and preference for alternative lenders. Lastly, the Australian truck market has seen a significant slump with a 16% decrease in new truck and van deliveries causing notable impacts on the transport and construction sectors.n

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854 episodios

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On this episode of Financial Services News, host Paige Estritori discusses the new acquisition of MA Insurance Brokers by PSC Insurance Brokers. The consolidation results in increased transport risk proficiency and a broader selection of placement choices. Meanwhile, QBE Insurance is discontinuing certain products in favor of a simplified standard business cover, highlighting the need for trade workers to diligently review their coverage. The financial advice sector in Australia presents mixed outcomes, with an increased passing rate for financial adviser exams despite the dwindling number of advisers. ASIC has revoked multiple authorisations in a bid to ensure consistent qualifications. Elsewhere, reforms on road user charges, moving from fuel excise to a distance-based model, raise concerns over privacy and data control, emphasizing the need for accurate vehicle-use data. Tune in for insights on insurance, finance, superannuation, and money management.

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