In this financial news podcast, Paige Estritori discusses several pressing concerns. The main story focuses on a Sydney hospitality business whose insurance claim was dismissed due to a contamination exclusion policy after financial losses from a cancelled festival due to asbestos contamination. Then, we learn about the legislative uncertainty troubling advisors over a proposed 15% tax on superannuation earnings over $3 million. We also uncover regulatory tension with the Australian Securities and Investments Commission (ASIC) scrutinizing superannuation trustees due to recent fund failures. Lastly, the podcast reveals the Australian Competition and Consumer Commission's efforts to combat predatory tactics in solar sales. Listeners are reminded that help is available via the Financial Services Online's website.
