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Rates smash confidence, major changes for planners, Apple now worth almost $US3 trillion

Rates smash confidence, major changes for planners, Apple now worth almost $US3 trillion

FEAR & GREED | Business News
23 min
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<p><strong>Wednesday 14 June 2023</strong></p> <p><strong>Interest rates smash consumer and business sentiment.&nbsp;</strong></p> <p>Also today:</p> <ul> <li>The government outlines major changes for financial planners in an effort to convince investors to get advice&nbsp;</li> <li>Super giant Hostplus is closing its standalone property and infrastructure fund, as fears grow that tens of billions of dollars could be wiped out from the commercial property sector as buildings are revalued</li> <li>And Apple’s valuation on Wall Street is now larger than the value of all the super funds across Australia</li> </ul> <p><strong>Plus don’t miss the latest episode of How Do They Afford That?</strong></p> <p><strong>This week it’s all about buying a car - everything you need to know about car loans and leases. Get the episode from</strong><a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235" rel="nofollow"><strong> </strong><strong>APPLE</strong></a><strong>,</strong><a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14" rel="nofollow"><strong> </strong><strong>SPOTIFY</strong></a><strong>, or anywhere you listen to podcasts.</strong></p> <p><a href="https://fearandgreed.com.au" rel="nofollow">Find out more: https://fearandgreed.com.au</a></p> <p>See <a href="https://omnystudio.com/listener" rel="nofollow">omnystudio.com/listener</a> for privacy information.</p>