In this episode of the Daily Financial Services News Wrap, Paige Estritori discusses the rising cost of insurance in Australia, calling for reforms to aid small and mid-sized businesses. She warns businesses to compare insurance policies effectively, and suggests setting up a national support body for insurance guidance. Next, she highlights issues with Self-Managed Super Funds, with 62% falling short of legal compliance standards. It's advised that those considering an SMSF seek qualified, personalized advice. Shifting focus to the motorcycle industry, the show details the struggle of 30-year-old Peter Stevens Motorcycles, which has gone into voluntary administration. The Federal Chamber of Automotive Industries also reports a 4.9% drop in motorcycle sales, underlining the country's economic struggle. Despite this, there's optimism among manufacturers about the launch of new models. Stay informed with Financial Services Online for more industry updates.n

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