Financial Services News Wrap, hosted by Paige Estritori, is your definitive source for the latest and most significant news in the Australian Financial Services sector
We meticulously search for important news to bring you updates in insurance, mortgages and loans, superannuation, and money management, including budgeting and financial planning
With a keen focus on the developments from the past week, our podcast selects news items that resonate most with Australian business and personal consumers
After conducting in-depth research, we craft original articles on each chosen news story, summarizing the crucial information into a concise, engaging podcast
Whether you are a professional navigating the financial services industry or a personal consumer seeking to stay informed, Financial Services News Wrap offers the insights you need to stay ahead in the fast-moving world of finance.
Welcome to Our News Podcasts! Dive into the latest episode from any of our 5 podcasts ... or explore our archive for topics that interest you.
In the Daily Financial Services News Wrap, Paige Estritori discusses key financial developments
She first addresses the unfortunate situation of Zone RV, a luxury caravan maker now in voluntary administration with an enormous $40 million debt, urging buyers to proceed with care and do thorough manufacturer stability research
The podcast then shifts to ASIC's recent review into the car finance sector, revealing pressing issues like high set-up fees, excessive loans and widespread defaults, also noting that a majority of repossessed car owners still owe significant sums
ASIC has also initiated another review, targeting the motor vehicle finance sector to enhance compliance and consumer protections
Finally, Bank Australia garners attention for its path towards environmental sustainability by ceasing to offer loans for new petrol, diesel, and hybrid vehicles starting February 2025, in line with its net-zero carbon emissions by 2035 goal.
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