Sun, 21st Apr 2024

In this episode, Paige Estritori from Financial Services Online shares major updates from Australia's financial sector. The podcast covers UniSuper's $600 million commitment to Macquarie group's renewable energy fund, marking a significant push towards sustainable investment in the superannuation industry. The podcast then discusses how legislative changes have affected the life insurance market, with coverage rates dropping significantly over the past few years, but hints at a potential resurgence. There is also an analysis of the increase in student loans under the current Labor government and the proposals by The Greens and Education spokesperson Mehreen Faruqi to curb the rising costs. The episode wraps up discussing the digital transformation in finance, marked by ANZ's decision to discontinue chequebooks due to the rise in online banking.n