On this episode, Paige Estritori delivers a comprehensive daily financial news wrap for Australia. The episode covers Kogans tech challenges and financial setbacks with its newly acquired business, Mighty Ape, though a rise in active users suggests a hopeful future. The Australian government's cap on tax concessions and taxation on unrealised capital gains is promoting a shift towards Exchange Traded Funds(ETF), although experts warn of potential cost increases for small investors. The Reserve Bank's rate cut stirs concerns about property price increases, suggesting a need for more balanced housing policy reforms. Lastly, the Australian Financial Complaints Authority rules in favour of QBE Insurance in a disputed vehicle damage claim, highlighting complexities of insurance claims. Tune in for these insights and more on this episode of Financial Services Online to stay au courant with Aussie economic affairs.n
