Tue, 28th Jan 2025

In this episode of Financial Services Online, Paige Estritori discusses shocking tech advancements from Chinese startup, DeepSeek, that caused significant market disruptions. These events led to substantial declines in tech stocks and disrupted global futures and currency markets. ASFA's support for the Australian Securities and Investments Commission becoming the primary scam oversight authority in the superannuation sector is also discussed. Housing market trends in Australian capital cities signal potential mortgage stress and an increase in housing supply. Lastly, a new inquiry into spiraling insurance costs in the Australian Capital Territory - with a focus on workers compensation and climate impacts - is explored, with industry improvement recommendations awaited. Tune in for the latest financial stories.n