Sat, 22nd Feb 2025

This week's finance podcast covers a range of news from Australia. Telstra, a leading telecom firm, plans to raise dividends and initiate a $750 million share buy-back scheme after experiencing a 7.1% rise in first-half profit. In addition, Telstra has unveiled an $800 million investment plan to collaborate with Ericsson on enhancing its mobile network. Victoria's property market sees shifts as land taxes drive away investors, opening doors for first-time homebuyers despite slower rent growth and a 3% decrease in dwelling values. The Reserve Bank of Australia reacts to softer job growth figures, continuing its scrutiny over low productivity growth and potential inflation triggers. Lastly, questions arise over the Australian Financial Complaints Authority's claims handling costs and future fee increases, as the Financial Advice Association of Australia seeks clarity. Stay tuned to Financial Services Online for more insights.n