This Daily Financial Services News Wrap hosted by Paige Estritori discusses recent economic indicators in Australia and their potential impact on various sector. First, the report touches on a historically significant 8% drop in Australia's real per capita household disposable income since mid-2022, potentially affecting household spending and business demand. Next, contrasting developments in the Australian property market are discussed, with record increase in house prices, prompting a call for policy intervention to address affordability. The show also covers a predicted surge in Bitcoin prices, rounded out by news of Westpac's investment platform Asgard implementing a significant increase in insurance premiums. For more insights, the audience is encouraged to visit financialservicesonline.com.au.n
