This episode of the Daily Financial Services News Wrap, presented by Paige Estritori, highlights aspects of Australia's finance sector. The Australian Securities and Investments Commission has intensified efforts to combat financial misconduct and has prioritized an investigation into the collapses of Shield and First Guardian. In banking news, ANZ Bank has made executive appointments to reinforce their operations and facilitate digital transformation, including appointing Pedro Rodeia as Group Executive for Australia Retail. The podcast also notes a rise in non-bank lenders and urges consumers to use due diligence. Macquarie Bank is halting lending for trusts and companies in the residential property sector to prevent property speculating. Overall, the podcast emphasizes the industry's investment in innovation, transparency, and accountability to safeguard consumer interests.n

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