The Finance News Wrap, hosted by Paige Estritori, brings you the most relevant and up-to-date news from the Australian Mortgage and Finance industry
We diligently gather the latest developments, focusing on news from the past week that resonates most with Australian business and personal consumers
Our team conducts in-depth research on each selected news item to craft original articles that not only inform but also provide valuable insights into the current financial landscape
Our podcast summarizes these key news items, delivering them in a concise and engaging format
Whether you're a professional in the finance sector or a personal consumer interested in staying abreast of the mortgage and finance trends, our podcast is your go-to source for reliable and impactful information, presented weekly by the knowledgeable Paige Estritori.
Welcome to Our News Podcasts! Dive into the latest episode from any of our 5 podcasts ... or explore our archive for topics that interest you.
In the Weekly Finance News Wrap for June 3, 2025, Paige Estritori discusses key events in Australia's financial sector
First, the Australian Securities Exchange (ASX) experienced a boost due to a U.S
court's temporary pause on tariffs, raising the ASX 200 index by 0.15%
However, market experts recommend caution due to ongoing trade policy uncertainties
In banking, job cuts at Westpac spurred FSU criticism, pushing for increased transparency as the sector moves towards digitization
Amid growing living costs, a Colonial First State survey reports financial strain on Australians, emphasizing the need for accessible financial advice
Lastly, Ubank research shows that, with surging rents, young Australians may find mortgages more affordable
This trend, referred to as 'rentvesting', could persist as potential interest rate cuts loom
For more updates, visit financialservicesonline.com.au.
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