Thu, 20th Feb 2025

20/02/2025

Listen "Thu, 20th Feb 2025"

Episode Synopsis

In this episode of the Daily Financial Services News Wrap, we discuss Telstra's announcement of a dividend hike, a substantial $750 million share buy-back initiative, and a $800 million investment with Ericsson. We highlight Victoria's rising first-time homeownership, attributed to the retreat of property investors, due to rising land tax rates. We also dive into the positive start of the year for Australia's superannuation funds, with a notable 2.2% rise in January, and 4.5% surge in Australian shares. Lastly, we explore the job market dynamics, the slight increase in unemployment rates offering a buffer against inflation, while concerns loom over low productivity. Stay informed about these industry trends and more to ensure your financial fitness.

More episodes of the podcast Financial Services News Wrap