Listen "Sun, 16th Nov 2025"
Episode Synopsis
In this episode of Financial Services Online, we explore key financial events of Nov 16th, 2025 in Australia. The Commonwealth Bank of Australia reports a 1% quarterly cash profit increase, largely attributable to home loan and deposit growth, despite a somewhat challenging banking climate. ANZ Group, on the other hand, reveals a 14% decline in annual cash earnings, largely due to recent layoffs and regulatory penalties. In the insurance sector, around 14% of Australian travellers reportedly head abroad uninsured, prompting warnings from industry players like Allianz Partners. Additionally, Australians are urged to carefully read the fine print of insurance policies, as they often contain hidden exclusions. Tune in for the full story and more financial updates and advice.
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