Wed, 30th Oct 2024

In this episode of Financial Services Online's daily news wrap, Paige Estritori discusses a sudden increase in Australian cash circulation despite a decrease in physical bank branches and ATM availability. The episode also covers the Australian Financial Complaints Authority's successful resolution of a vast number of complaints this year, and ongoing issues related to Dixon Advisory. Important news on the Australian Prudential Regulation Authority's scrutiny of superannuation fund spending is also highlighted, emphasizing the need for transparency and accountability. Lastly, a unique case is discussed, questioning Bankwest's handling of a customer's financial hardship arrangements, stressing a need for improved customer treatment. This podcast episode provides in-depth insights into the latest finance news, trends, and issues.