In this episode, Paige Estritori discusses the latest in Australian financial services from e-commerce spending behaviour to developments in superannuation funds and insurance. Australia's online spending reaches $63 billion, driven mainly by sales in toys, games, and fashion, while superannuation funds are challenged to improve advisory services amidst increased governance demands. In international news, Amazon founder Jeff Bezos sells over three million shares, hinting that the proceeds will go towards his space venture, Blue Origin, and philanthropic initiatives. Finally, a transformative ruling in New South Whales could see insurance claims cover costs for care services like dog-walking, after a decision involving insurer QBE. Stay tuned for well-rounded finance, insurance, and money management advice from Financial Services Online.
