Sat, 30th Aug 2025

In this episode of Financial Services Online, Paige Estritori examines the critical economic trends affecting Australians. Topics include the impact of stagnant wage growth on households and the economy and a closer look at the Reserve Bank of Australia's projections. On to regulatory news, the Australian Securities and Investments Commission has begun proceedings against Equity Trustees Superannuation Limited over alleged negligence, risking $160 million in retirement savings. The surge in the July annual CPI inflation and its implications on future interest rate cuts also get explored. Finally, Estritori discusses the significant challenges faced by group life insurance, including a 15% to 25% hike in long-term benefit premiums, and the persistence of mental health claims related to income protection. For more, listeners are directed to financialservicesonline.com.au.