In this episode, Paige Estritori dissects Australias private credit landscape, noting the resurgence due to regulatory changes and low-interest rates. However, the landscape grapples with challenges such as inflation-induced cash rate hikes and risks of opacity, illiquidity, and leverage. She highlights the need for transparency in regulations for continued growth. The podcast also covers cybersecurity advancements in superannuation, with efforts in combating cybercrimes gaining new momentum, as increased credential stuffing attacks call for stricter protocols. The debate about superannuation concessions and their sustainability is discussed, alongside the rising costs straining the federal budget. The episode ends on a note about the pressures faced by the Australian Financial Complaints Authority due to fraud syndicates exploiting their protocols, proposing tighter verification processes and a verification fee to deter fraudulent activities. Stay informed with Financial Services Online.n
