Mon, 9th Sep 2024

This podcast covers various financial news with a focus on the Australian market. It opens with a case on travel insurance claim denial by Lloyds Australia due to the flight crew exceeding working hours. Up next, a Finder survey reveals mortgage stress among over 40% of Australian homeowners, 13% of whom have missed at least one mortgage payment. Trades professionals in Australia are seeing a decline in cash transactions favoring EFTPOS, possibly leading to the obsolescence of cash registers by 2030. The last segment of the podcast discusses the economy, with Reserve Bank of Australia not veering from its path despite economic slowdown and mounting inflation challenges. The podcast emphasizes staying informed about personal finance, insurance, and money management issues.n