Fri, 11th Apr 2025

In this episode, Paige Estritori discusses the Super Members Council's proposal to expand Australias Fair Entitlements Guarantee scheme to include unpaid superannuation contributions. This is due to 2.8 million Australian workers losing an average of $1,800 per year from unpaid super. The volatile market, triggered by new US tariffs, has affected Australians across industries, suggesting that young Australians with high-growth portfolios should not panic due to long recovery periods, while older Australians may need to reconsider their retirement strategies. For financial stability, Australians are encouraged to diversify their investment portfolios. Regarding cybersecurity, major funds, including AustralianSuper and Hostplus, are advised to strengthen their cyber defenses following recent attacks. Global tariffs have also caused the Australian interest rates to take a hit, potentially leading to a surge in the property market. Visit financialservicesonline.com.au for more information.n