Mon, 24th Nov 2025

In this episode, Paige Estritori for Financial Services Online highlights key financial news for the week ending November 24, 2025. Club Marine, a top Australian recreational boat insurer, received this year's Product Review Award for Insurance, reflecting customer satisfaction for their service. The company, Markel Insurance, is expanding into the thriving Aussie marine market, poised to create competition, with Tim Wills leading the venture. The podcast underscores the crucial contribution of SMEs to Australia's GDP and the $38 billion equity funding gap highlighted in a recent report urging SMEs to seek diverse funding sources. The transformation in small business restructurings is pinpointed with a considerable rise in appointments over the last few years and a payout over $101 million to unsecured creditors. This signifies the growing awareness among struggling SMEs about the benefits of restructuring.