Sat, 3rd Aug 2024

In this podcast, Paige Estritori discusses key financial news in Australia. Main topics include the decision of the Australian Financial Complaints Authority to uphold Allianzs verdict on earthquake insurance claims due to pre-existing faults in properties, emphasizing the need for regular property maintenance and careful record-keeping. The government's fight against financial scams through newly established National Anti-Scam Centre and involvement of Financial institutions, telecoms and social media companies were mentioned. Rising rental costs due to high migration and lack of sufficient housing supply gave concern. The podcast ended with a report on Australian Securities and Investments Commission's new regulatory enforcement on Australian Financial Services Licensees for authenticity verification of financial adviser records. Stay informed at financialservicesonline.com.au.