Episode description

Australian car dealers have been forced to sell luxury electric vehicles for a loss after Aussie consumers look for other options.

Amazon has doubled its investment in an AU company - investing another $4 billion in Anthropic – as it looks to join forces in the AI race.

Berkshire Hathaway has provided a pretty ominous update in its earnings - after it hoarded more than $325 billion USD in cash - not in investments.

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Head to helia.com.au/LMI to learn more.

Helia Insurance Disclaimer:

Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

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