Fri, 19th Apr 2024 - Financial Services News Wrap

What this episode covers

In this episode, Paige Estritori discusses various developments in Australian financial services. Notably, UniSuper's significant $600 million investment into Macquarie Group's renewable energy fund shines a spotlight on environmental-friendly practices in investment. Meanwhile, life insurance coverage among working adults has dropped significantly over the past five years due to changes in legislation. Despite this, the industry seems poised for recovery as new businesses see consecutive growth. Another key issue is the predicted 16% rise in student loans under the Labor government, prompting calls for policy reform and consideration of free tertiary education. Lastly, ANZ's decision to phase out cheque books marks a significant move towards digital transformation in banking.

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Frequently Asked Questions

How long is this episode of Financial Services News Wrap?

This episode is 3 minutes long.

When was this Financial Services News Wrap episode published?

This episode was published on April 18, 2024.

What is this episode about?

In this episode, Paige Estritori discusses various developments in Australian financial services. Notably, UniSuper's significant $600 million investment into Macquarie Group's renewable energy fund shines a spotlight on environmental-friendly...

Can I download this Financial Services News Wrap episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.