Wed, 7th Aug 2024

07/08/2024

Listen "Wed, 7th Aug 2024"

Episode Synopsis

In this episode of the Daily Financial Services News Wrap, we discuss the pressing issues affecting Australia's financial and aviation sectors. Rex Airlines has faced a significant downturn due to economic uncertainty and has entered voluntary administration, an incident that drastically affects remote communities. Meanwhile, the Australian Financial Complaints Authority has reported a surge in financial complaints due to increased phishing and identity theft incidents over 2023/24. We also delve into controversies surrounding APRA's superannuation funds directed to unions and the Reserve Bank of Australia's possible rate hikes due to inflation. For in-depth coverage on these stories and more, tune in and stay informed about the financial world.

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