Tue, 21st Oct 2025

In this episode of Financial Services Online, Paige Estritori shares significant market changes affecting Australian businesses. A survey reveals over 60% of SME operators are using personal savings to manage their businesses due to rising operation costs and onerous external financing. Despite these challenges, businesses still plan major investments in technology, product development, and workforce expansion over the next year. Funding diversification tactics, like equipment and invoice financing, are also being explored. A buoyant tech-startup scene indicates vibrant investor confidence. The episode also notes shifts in retirement planning attitudes, with a preference for lifestyle over wealth accumulation, as advised at a recent ifa roundtable with Resolution Life. Financial strategies attuned to client lifestyles, such as the 'bucket approach' to investments and annuities for steady retirement income, are gaining popularity.