Financial Services News Wrap

Thu, 21st May 2026

20 mei 2026
aflevering Thu, 21st May 2026 artwork

Beschrijving

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 afleveringen

841 afleveringen

aflevering 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.

Gisteren0
aflevering 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 jun 20260
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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 jun 20260
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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 jun 20260
aflevering Sun, 21st Jun 2026 artwork

Sun, 21st Jun 2026

In this podcast episode, Financial Services Online discusses key updates in Australia's financial sector, focusing primarily on insurance dynamics, superannuation fund protocols, rural insurance issues, and property market challenges. The episode highlights potential changes in the General Insurance Code of Practice which could lead to improved practices including claims management and dispute resolution, stressing the need for workers to regularly review their insurance policies. It also emphasizes ASIC's call for superannuation trustees to enhance services for grieving beneficiaries. Rising insurance premiums in rural Queensland and potential revisions in housing tax policies creating uncertainty for property investors are also discussed, advising individuals to stay informed and adapt their strategies to the evolving market conditions.

20 jun 20260