In this podcast by Financial Services Online, Paige Estritori discusses rising taxes and inflation in Australia, impacting wages and the purchasing power of its citizens. The government now faces the challenge of balancing the need for wage growth and managing inflation. The podcast then moves on to the superannuation sector, detailing UniSuper's recent switch from TAL to MetLife Insurance to improve member services and emphasize digital innovation. The issue of Federal Treasury officials' unclear understanding of the long-term effects of a new $3 million superannuation cap is also addressed. Concerns are raised about potential impacts on half a million Australians. Lastly, the case of a vintage 1970 Mercedes-Benz 280e not being covered by home insurance highlights the importance of knowing what your insurance policy covers, and possible processing mishaps by insurers.
