Mon, 2nd Sep 2024

In this episode, Paige Estritori delivers a news wrap-up for Financial Services Online. She begins with the potential changes in the Australian Taxation Office which may ensure fair superannuation payments for subcontractors in various sectors. The Australian Prudential Regulation Authority is also increasing its regulatory scrutiny over superannuation fund expenditures to optimize member outcomes. The retail sector faces a bleak outlook due to the ongoing cost of living crisis in Australia, however, stabilization is expected by 2025-26. Lastly, Estritori talks about an insurance dispute involving a 2014 Maserati GranTurismo, reminding listeners of the need for full disclosure when insuring high-value vehicles. For more detailed finance, insurance, superannuation and money management news, listeners are directed to the Financial Services Online website.