Tue, 10th Jun 2025

This episode of the "Daily Financial Services News Wrap" from Financial Services Online discusses several important financial trends and news in Australia. It starts with the evolving labour market where high living costs are prompting Australians, particularly young women, to take on multiple jobs. The discussion then turns to concerns over proposed changes to super tax laws, which could impact millions of Australians if implemented without indexation. The episode also addresses the lacklustre Australian economic situation, marked by weak consumer sentiment and slow spending growth, despite recent moves by the Reserve Bank of Australia. Finally, it highlights a recent Australian Financial Complaints Authority ruling in favour of a camper trailer owner, stressing the need for insurers to provide clear evidence when making claim exclusions.