Mon, 22nd Apr 2024 - Financial Services News Wrap

What this episode covers

In this episode of the Daily Financial Services News Wrap, we discuss notable financial trends in Australia. UniSuper has committed $600 million to Macquarie Group's renewable energy fund, indicating a shift towards sustainable investments in the finance sector. Life insurance coverage for working-age adults has decreased significantly, however, signs of a potential recovery are seen with new business growth over three successive quarters. Australia has seen a significant increase in student loans, prompting calls for policy reforms such as debt forgiveness or free tertiary education. Lastly, ANZ Bank is phasing out cheque books due to a 90% drop in usage over ten years, ushering in an era of digital transactions. This episode covers these shifts impacting insurance, finance, superannuation, and money management in Australia.n

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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 21, 2024.

What is this episode about?

In this episode of the Daily Financial Services News Wrap, we discuss notable financial trends in Australia. UniSuper has committed $600 million to Macquarie Group's renewable energy fund, indicating a shift towards sustainable investments in the...

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.