Mon, 3rd Mar 2025

In this episode of Financial Services Online, Paige Estritori covers key updates in Australia's financial services sector. Highlights include the Reserve Bank's interest rate cut leading to a rebound in housing values, particularly in Sydney and Melbourne, despite concerns about future affordability. The superannuation sector faces significant challenges as AustralianSuper is hit with a $27 million fine for failure to protect members. There's also alarming news about Australia's cost-of-living crisis, with inflation outpacing real wage growth, and recovery possibly stretching past 2040. The episode concludes with a preview of the Insurance News Outlook 2025 Conference, promising insights into emerging risks, technology advances, and the future of the insurance industry.n