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Description

This podcast, presented by Paige Estritori for Financial Services Online, dives into critical issues in Australia's financial industry. The main points include rising concerns in the financial advice sector over the unclear direction of the Labour government on the CSLR and retirement of Stephen Jones. With CSLR levies increasing sharply, a better funding model is required. A startling surge in APRA levy costs on superannuation funds is another point of concern. Turning to real estate, commercial real estate debt investments are emerging as attractive income opportunities with annual returns and diversification potential. Lastly, the Insurance Brokers Code Compliance Committee is pushing for stricter timelines on insurance claims and renewals to improve transparency and prevent coverage lapses. The podcast ends with Paige Estritori reminding listeners to stay financially savvy.