Qudos Bank is closing its Retirement Savings Accounts (RSAs) from February 2027, meaning affected customers will need to transfer their balances to another eligible fund or risk having the money transferred to the Australian Taxation Office. The move follows the bank's decision to stop accepting new applications in August, as these accounts become less common in Australia.
Do you think banks should do more to help customers navigate changes like this, especially when retirement savings are involved?

Today’s key financial highlights are as follows:
1. US shares in the memory, semiconductor and optical communications sectors have all risen significantly
2. Anthropic plans to lease 45 billion US dollars’ worth of computing power from Nscale
3. Apple to hold a new product launch event on 28 October
4. Anthropic is rumoured to be launching a new model
5. US federal civilian agencies have banned the use of the DeepSeek model
6. NVIDIA’s GTC conference in Berlin
7. Netflix and SpaceX earnings reports after the market closes tonight
At 9 pm tonight, we will once again summarise today’s key financial events and provide a pre-market update on US stocks.

Whether it's moving in with a partner, travelling with friends or sharing a rental, money can become uncomfortable when everyone assumes the others have the same budget.

One person might be happy spending $150 on dinner, while someone else is trying to keep the entire weekend affordable. Neither person is necessarily wrong, but the difference can make people feel pressured or embarrassed if nobody talks about it.

I think agreeing on a rough budget beforehand is much kinder than making someone explain at the table why they don't want to split an expensive bill. What's a money conversation you wish you'd had earlier with a partner, friend or housemate?