Sun, 8th Feb 2026 - Financial Services News Wrap

What this episode covers

In this episode, Paige Estritori discusses major news in Australian Financial Services. The year 2024 was exceedingly profitable for Australian insurers, with a record after-tax profit of $6.1 billion, driven by premium increases and a lull in natural disaster claims. Despite this, there is consumer concern over rising premiums and a call for more transparency and affordability in the insurance market. Significant drops in international insurtech funding, contrasted by substantial investment in AI-focused initiatives, signal a potential shift in insurance delivery. In housing news, affordability in Australia has hit a record low, with first-home buyers only able to afford 17% of properties. Despite this, creative strategies and government schemes are enabling some buyers to overcome these obstacles.

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When was this Financial Services News Wrap episode published?

This episode was published on February 7, 2026.

What is this episode about?

In this episode, Paige Estritori discusses major news in Australian Financial Services. The year 2024 was exceedingly profitable for Australian insurers, with a record after-tax profit of $6.1 billion, driven by premium increases and a lull in...

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