Thu, 20th Feb 2025

In this episode of the Daily Financial Services News Wrap, we discuss Telstra's announcement of a dividend hike, a substantial $750 million share buy-back initiative, and a $800 million investment with Ericsson. We highlight Victoria's rising first-time homeownership, attributed to the retreat of property investors, due to rising land tax rates. We also dive into the positive start of the year for Australia's superannuation funds, with a notable 2.2% rise in January, and 4.5% surge in Australian shares. Lastly, we explore the job market dynamics, the slight increase in unemployment rates offering a buffer against inflation, while concerns loom over low productivity. Stay informed about these industry trends and more to ensure your financial fitness.