In this episode of 'Financial Services Online' for August 24, 2025, the Australian Securities Exchange reached a historic threshold, with notable gains from Super Retail Group and Brambles. The Commonwealth Bank showed modest growth, while James Hardie saw a decline. The Australian Treasurer is targeting super tax breaks to address intergenerational equity, providing a potentially better deal for working Australians and small businesses. Uncertainty around the Federal Reserve's interest rate and U.S. economic growth foretell a turbulent period for the Australian Dollar, but export-focused businesses could benefit. A dispute resolution by the Australian Financial Complaints Authority underscored the importance of clarity in shared asset insurance policies. Visit financialservicesonline.com.au for more financial services insights.
