May 14, 2024 • 3 mins
In this episode, Paige Estritori of Financial Services Online discusses key financial news in Australia on May 15, 2024. The government introduces fiscal changes to manage public debt and plans on saving $80 billion in interest payments over the next decade with measures like tying superannuation contributions with government-paid parental leave. These budget proposals prioritize family support, education, and population growth. The insurance sector sees a noteworthy development as Lloyd's insurance is ordered to compensate an Australian tourist's $195,223 air ambulance claim from Bangkok, emphasizing the protection of policyholders in emergencies. There are also concerns from top judges over a proposed $3 million superannuation tax cap, which they argue may affect judicial independence and public faith in the judiciary. The episode highlights both governmental and personal financial strategies, advising stability through balanced planning.n
Mark as Played
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Nikki Glaser Podcast
Every week comedian and infamous roaster Nikki Glaser provides a fun, fast-paced, and brutally honest look into current pop-culture and her own personal life.