In this episode, Paige Estritori covers significant news from Financial Services Online. Key points include the MLC Life and Resolution Life Australia merger forming Acenda, which led to over 200 layoffs despite Acenda's insistence of consultation and support. The Australian Prudential Regulation Authority reports a dramatic rise in life insurance underwriting profits to $179 million, led by the individual disability income insurance sector. Changes in the housing sector will place new challenges on buyers and renters due to a cap on new loans to high debt-income ratio borrowers and the ending of financial incentives. Lastly, Hyundai and Kia are partnering with the Clean Energy Finance Corporation to offer discounted loan rates, pushing for more affordable electric vehicle ownership.