Sun, 23rd Feb 2025 - Financial Services News Wrap

What this episode covers

This episode from Financial Services Online covers the latest in Australia's finance industry. It highlights Telstra's impressive profit rise, prompting a dividend increase and a $750 million share buy-back scheme. In real estate, changes to land tax rates in Victoria have shrunk the rental property market, potentially providing opportunities for first-time homebuyers due to slower rent growth and higher vacancies. In superannuation news, Australian super funds started 2025 strongly with median growth at 2.2% in January, continuing a hold of impressive returns since 1992. However, concerns around job growth and potential inflation are raised, as the labour market shows slowing wage growth and a slight increase in unemployment. The need for productivity improvements across industries is underlined to offset potential inflation.n

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When was this Financial Services News Wrap episode published?

This episode was published on February 22, 2025.

What is this episode about?

This episode from Financial Services Online covers the latest in Australia's finance industry. It highlights Telstra's impressive profit rise, prompting a dividend increase and a $750 million share buy-back scheme. In real estate, changes to land...

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