Sat, 9th May 2026
from Financial Services News Wrap Hosted by Paige Estritori
In this episode, Paige Estritori shares key financial updates including a substantial A$150.3 million contract extension for Australian shipbuilding giant, Austal, to improve maritime security. Furthermore, OnDeck Australia bolsters Small and Medium Enterprises by raising their Lightning Loans Plus limit to $300,000, proving a vital boost for businesses in need of unsecured funding options. In the insurance industry, HESTA extends financial relief to its 630,000 members with a 12% average reduction in insurance fees, set to simplify long-term financial planning for tradespeople and small businesses. Lastly, there's a reported surge in intermediated insurance premiums in Australia, highlighting the growing reliance on intermediaries. Tune in for more financial industry updates with Paige Estritori on Financial Services Online.n
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