This podcast, hosted by Paige Estritori, provides a comprehensive update on Australia's financial services news as of 24th August, 2024. She discusses the Australian Securities Exchange's leading index, the ASX200's performance and the influence of Federal Reserve Chairman Jerome Powell's awaited speech. She highlights the gains by Fisher & Paykel Healthcare, and losses by Accent Group and Inghams. Despite a minor slip, the ASX200 recorded a 0.7% weekly gain. In insurance, Coles Insurance partners with Auto & General for a 10-year deal, triggering significant reshuffling in the insurance market. ASIC's recent regulations also come to light, focusing on aligning mortgage broker standards with financial advisors. The podcast concludes with property market news, spotlighting the rise in Perth's housing market but warns about its volatile dynamics. For more regular updates, listeners are invited to check their website: financialservicesonline.com.au.
