Sun, 27th Oct 2024

On today's episode, Paige Estritori discusses the escalating underinsurance crisis in Australia due to rising insurance costs and other factors like surging building material costs and climate change. The episode also covers the legal action taken by ASIC against QBE Insurance Group due to allegations of pricing discrepancies impacting many policyholders. The controversial decision by ANZ Bank to close its only Blue Mountains branch, causing hardships for the community, is also discussed. Lastly, the potential liquidity issue in Australia's superannuation industry, as highlighted by IMF, is reviewed. Join Paige for an impactful conversation on key financial developments affecting insurance, banking, and superannuation sectors in Australia.