Sun, 7th Apr 2024
from Finance News Wrap Hosted by Paige Estritori
In this episode, Paige Estritori discusses recent financial headlines in Australia and the global scene. It begins with Australia's new 'Disconnect Law' set to protect employees from after-hour work-related calls and messages, encouraging better work-life balance and mental health preservation. Amidst rising inflation globally, a survey reveals growing financial insecurity among adults. Australian lenders face criticism as complaints about financial hardship increase by 25%. Meanwhile, AFCA urges the public to seek financial mediation early. The risk to low-income households from rising service costs becomes a concern despite the RBA maintaining a steady cash rate at 4.35%. The episode concludes with the anticipation of a potential rate cut later this year. Keep abreast of financial news by visiting financialservicesonline.com.au.n
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