Sat, 14th Dec 2024

This podcast discussion, anchored by Paige Estritori, outlines the significant developments in Australia's financial landscape for the week of December 14, 2024. It includes the decline in number of companies listed on the ASX and the consequential global impacts, as well as a marked shift towards private markets. The Reserve Bank of Australia hints at a potential interest rate cut in early 2025 following maintained rates at 4.35%. Business confidence dipped in November, with distinct impacts on various sectors and regions. The housing market imbalance continues despite increased listings and calls for interest rate reductions. The 2024 Australian Financial Advice Report indicates a preference for episodic advice over traditional models in the financial advisory space. The podcast concludes by emphasising the need for advisory services to be responsive, accessible, and cost-effective.