On this episode of Financial Services News Wrap, host Paige Estritori discusses judgements in the Environmental, Social, and Governance sector, with a particular focus on Active Super's $10.5 million fine for misleading claims. The Australian Consumer Price Index's shortfalls and its impact on the economy are also highlighted. Estritori details consumer advocacy groups' concerns about Australian insurers' pricing practices, described as 'poverty premiums' and 'loyalty taxes'. The podcast wraps with updates on this year's federal budget, discussing the introduction of tax cuts and investments in healthcare, but also pointing out the fiscal risks involved. For more insights on finance, insurance, superannuation and money management trends - it's all in this episode.
