Finance News Wrap

Sun, 7th Apr 2024


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In this episode, Paige Estritori discusses recent financial headlines in Australia and the global scene. It begins with Australia's new 'Disconnect Law' set to protect employees from after-hour work-related calls and messages, encouraging better work-life balance and mental health preservation. Amidst rising inflation globally, a survey reveals growing financial insecurity among adults. Australian lenders face criticism as complaints about financial hardship increase by 25%. Meanwhile, AFCA urges the public to seek financial mediation early. The risk to low-income households from rising service costs becomes a concern despite the RBA maintaining a steady cash rate at 4.35%. The episode concludes with the anticipation of a potential rate cut later this year. Keep abreast of financial news by visiting financialservicesonline.com.au.n
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Finance News WrapBy Paige Estritori