Mon, 19th May 2025

This Daily Financial Services News Wrap hosted by Paige Estritori discusses recent economic indicators in Australia and their potential impact on various sector. First, the report touches on a historically significant 8% drop in Australia's real per capita household disposable income since mid-2022, potentially affecting household spending and business demand. Next, contrasting developments in the Australian property market are discussed, with record increase in house prices, prompting a call for policy intervention to address affordability. The show also covers a predicted surge in Bitcoin prices, rounded out by news of Westpac's investment platform Asgard implementing a significant increase in insurance premiums. For more insights, the audience is encouraged to visit financialservicesonline.com.au.n