Tue, 19th Mar 2024 - Financial Services News Wrap

What this episode covers

This podcast, presented by Paige Estritori, covers the latest news from Financial Services Online – from housing affordability in Australia to concerns over retirement savings. The housing affordability crisis fuels worries in New South Wales where families are spending over half their income on mortgages, though a rise in first-time home buyers counters the narrative of a bleak homeownership future. In fiscal news, the Self Managed Super Fund Association is disputing proposals to tax unrealized capital gains on superannuations over $3 million, citing potential liquidity challenges for small business owners and farmers. Lastly, due to mounting living costs, the Association of Superannuation Funds of Australia is suggesting an increase in annual retirement income for a comfortable lifestyle. The report concludes emphasizing the importance of informed financial decision-making.

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Frequently Asked Questions

How long is this episode of Financial Services News Wrap?

This episode is 2 minutes long.

When was this Financial Services News Wrap episode published?

This episode was published on March 18, 2024.

What is this episode about?

This podcast, presented by Paige Estritori, covers the latest news from Financial Services Online – from housing affordability in Australia to concerns over retirement savings. The housing affordability crisis fuels worries in New South Wales where...

Can I download this Financial Services News Wrap episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.