In this podcast, Paige Estritori from Financial Services Online discusses key financial events set for Australia. The Australian Exchange Traded Fund market is expected to surpass $300 billion in assets by the end of 2025, showing a clear move towards cost-effective investment strategies. However, the rise in ETFs is putting pressure on high-cost active funds. As the fiscal year wraps up, she also advises on superannuation contributions and upcoming changes to the guarantee rate. Victoria is dealing with a growing debt issue expected to reach $194 billion by 2028-29, caused by a rise in the public sector wage bill, increases in public servant numbers, and an over-reliance on private consultants. The podcast ends with a mention of an unnamed life insurance provider needed to revise its confusing rejection letters to increase clarity and transparency in communication.
