In this podcast, host Paige Estritori discusses several key issues influencing global and Australian financial markets. The escalating Israel-Iran conflict, and potential U.S. military involvement, has the global financial markets uneasy, resulting in a significant rise in oil prices and a shift towards secure assets. Attention is also given to concerns about inflation following recent U.S. military strikes on Iranian nuclear facilities. In Australia, the APRA's proposed role in appointing board members is critiqued, with CPA Australia and CA-ANZ calling for an advisory role. Lastly, an insurer is ordered to fulfill a storm-damage claim due to unclear contract language, underscoring the importance of clear contracts and policies. Listeners can visit financialservicesonline.com.au for more in-depth information on these stories.
