Tue, 11th Mar 2025

In this episode, Paige Estritori brings you daily financial news from Financial Services Online for March 11th, 2025. Key topics include a Fidelity International report revealing low investment confidence among Australian women due to costly advisories, with a positive trend in Gen Z showing interest in financial advice. The turmoil in the childcare industry as Genius Early Learning encounters ongoing staff walkouts over unpaid wages and the sudden closure of their Sydney centre. Legal action over unpaid superannuation has been initiated by the United Workers Union. Hollard Insurance comes under criticism from the Australian Financial Complaints Authority for inadequate mould remediation and compensation. Lastly, Tesla experiences a historic stock decline amidst weak vehicle sales and growing competition, with some analysts remaining optimistic about future improvement.