Listen "Fri, 10th Oct 2025"
Episode Synopsis
In this podcast, Paige Estritori of Financial Services Online discusses significant financial news for October 10th, 2025. Top stories include Suncorp's significant 8% rise in full-year cash earnings, largely exceeding expectations, driven by improved margins and lower natural hazard costs. This prompts a fresh share buyback program and predicts a competitive future for small and medium businesses. The government provides critical aid to workers affected by ex-Tropical Cyclone Alfred. Meanwhile, ASIC initiates legal action against QBE Insurance for misleading customers in their discount practices. Despite the accusation, Suncorp ends on a strong note with its impressive focus on general insurance and a 52% surge in statutory profit. The podcast encourages staying informed to achieve financial goals and promotes financialservicesonline.com.au as a key resource.
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