Phone and internet problems are costing Australians
Summary
The TIO reports a 60% surge in financial loss claims from phone and internet issues, prompting calls for minimum reliability standards and expanded powers to regulate social media platforms. Meanwhile, James Gerrish from Market Partners analyzes the Australian share market's flat performance, noting that only 1% of US stocks have hit all-time highs while half remain in bear market territory. He advises investors to focus on earnings growth in materials and private credit, while highlighting the ongoing AI infrastructure boom and its impact on energy sectors.
Topics discussed
SBS advertising introduction
Show intro and market overview
TIO annual report: complaint statistics
Telco customer service delays and reliability
Rising financial and stress compensation claims
Call for minimum mobile reliability standards
Triple Zero outages and trust in emergency services
TIO seeks powers over digital and social media
Australian share market flat despite US record
Market polarization and AI-driven earnings
AGM season and corporate outlooks
AI investment, energy needs, and uranium stocks
Investment advice: diversification and private credit
Sign-off and financial disclaimer
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