Tue, 2nd Apr 2024

This episode of Financial Services Online discusses the severe cost-of-trading crisis facing Australia's retail sector, primarily due to escalating operational costs leading to consumer price inflation and decreased profits. Urgent action is called for at the federal level. Also highlighted is Aware Super's initiative to reduce the gender superannuation gap through socially responsible investments, such as their affordable housing program. The topic of underinsurance in home insurance is also addressed, with industry expert John Trowbridge pushing for full replacement coverage and systemic change. Lastly, Vanguard Australia announces a significant reduction in management fees for its Australian Government Bond Index ETF as a part of its strategy to provide high-value investment experiences, particularly with anticipated steady interest rates from the Reserve Bank of Australia.n