Tue, 25th Jun 2024

In this podcast, Paige Estritori shares important financial news and advice. The Australian Taxation Office and CPA Australia advise individuals to be patient and thorough when filing income tax returns to avoid costly errors or omissions. Next, the New South Wales budget is highlighted featuring a focus on building resilience and making insurance more affordable, particularly in disaster-prone areas. There's an emphasis on transitioning the Emergency Services Levy from an insurance-based system to a property levy. The podcast then reflects on a report highlighting the retirement concerns of Generation X due to rising inflation and mounting debt. Lastly, it addresses the issue of rising card scheme fees for Australian businesses. A review by the Reserve Bank of Australia could be instrumental in establishing cost transparency. These insights were brought by Financial Services Online, a trusted partner for financial matters.n