Finance News Wrap

In this week's episode of Weekly Finance News Wrap, Paige Estritori focuses on issues surrounding non-bank lending sectors in Australia, emphasizing the need for careful consideration of their stability and regulatory safeguards. A spotlight is spotlighted on Macquarie Bank's decision to pause residential property lending to trusts and companies, as part of efforts to protect the integrity of resi...

This episode of Weekly Finance News Wrap presents critical updates on Australia's financial scene. Amid rising inflation, the Reserve Bank of Australia maintained the cash rate at 3.6%, due to factors like escalating electricity costs and higher household expenditure. Unemployment levels displayed slight increase but stayed relatively stable with businesses consistently hiring. The ANZ Bank, in al...

In this episode of Financial Services Online's Weekly Finance News Wrap, Paige Estritori brings to light several key happenings affecting Australia's financial market. The ANZ Group has suffered a 14% drop in annual cash earnings, resulting from significant post-tax impact and regulatory penalties, and have announced cost-cutting measures for the next fiscal year. Australia's prime motorcycle reta...

On November 17, 2025, the Weekly Finance News Wrap hosted by Paige Estritori tackled a range of topics in the financial sector. Beginning with the NatRoad's concerns about suspect employment practices within Australia's trucking industry, the podcast discussed the harmful effects of false independent contracting and proposed remedies for these deceitful strategies. The episode also highlighted the...

In this week's Financial Services Online podcast, host Paige Estritori explores recent developments in the marine insurance sector. Firstly, she discusses the entry of Marinex Underwriting, backed by Rhodian Group and distributor Amwins, into Australia's marine insurance market, offering tailored solutions for local customers. The podcast also covers the Australian government's enlistment of globa...

In this week's Financial Service Online's Finance News Wrap, Paige Estritori reviews the impact of the Reserve Bank interest rate cut on Australia's SMEs. Following this rate cut, businesses experienced increased access to budget-friendly financing, with business lending volumes and sector confidence rising. Prime Capital, a non-bank lender, has launched 'Business Jumbo Loans' to fill a gap in bus...

In this episode, Paige Estritori provides a roundup of the week's finance news, beginning with stable interest rates forecasted by the Reserve Bank of Australia, which supports ongoing economic recovery. Australia's housing market continues to thrive, despite economic uncertainties, while increased oversight on cryptocurrencies is coming from the Australian Securities and Investments Commission. O...

In this week's finance wrap, Paige Estritori explores the recent annual report of Westpac Banking Corporation, highlighting a small drop in annual profits and plans to sell its RAMS mortgage portfolio amidst market competition. She also discusses the decision by The Reserve Bank of Australia to maintain the cash rate, urging borrowers to seek advice for navigating the market. In motor industry new...

In this week's podcast, Paige Estritori of Financial Services Online reports on key financial and industry developments in Australia. The Australian Finance Industry Association (AFIA) has launched an industry Code of Practice that aims to foster integrity, transparency, and fairness in non-bank lending and specialist banking sectors. Australia's housing market is experiencing a boom led by demogr...

This week's episode of the Weekly Finance News Wrap examines the latest in Australia's financial situation, highlighting warnings from the Organisation for Economic Co-operation and Development (OECD) about Australia's need for economic repairs and business investment. Additionally, we discuss insights from global macro strategist Gerard Minack, who urges policy reforms to counter Australia's stag...

In this episode of Financial Services Online's Weekly Finance News Wrap, Paige Estritori discusses current trends in Australia's finance sector. Key topics include a 0.91% decline in the ASX 200 influenced by the Reserve Bank of Australia's decision to keep the cash rate steady at 3.6%; diverse impacts on businesses, with City Chic Collective rising 8.75% despite broader downturns. The housing mar...

In this podcast, host Paige Estritori examines key financial stories in Australia. Discussions focus on the recent policy change by the Albanese government and its double-edged impacts on the housing market, the escalating rental crisis fuelled by construction delays and increased migration, and the growing need for sufficient housing supply to meet demand. There's also an update on the marine ind...

In this week's Finance News Wrap, there's significant news covering major Australian sectors. Austal Limited secures a hefty investment of $100 million for its U.S shipbuilding operations, a move set to strengthen U.S.-Australian defense ties. Newcomer Marinex Underwriting enters the Australian marine insurance market, bringing a plethora of specialized offerings and serving complex industry needs...

In the latest finance news, Australian auto finance provider, Money3 Loans, faces potential penalties from ASIC in relation to alleged breaches of responsible lending obligations. There's also a growing trend of Australians resorting to personal loans to finance their home renovations, with a notable increase in Victoria and New South Wales. Australia progresses towards their goal of 82% renewable...

In this week's episode, host Paige Estritori discusses two key stories from the Australian finance scene. She first dives into the story of a hefty legal settlement by household name Westpac Banking Corporation of 130 million Australian dollars. This is in response to a car finance class action brought against them for allegedly allowing car dealers to hike up interest rates for greater commission...

This episode of the Weekly Finance News Wrap, hosted by Paige Estritori for Financial Services Online, discusses Australia's robust financial stability amid global challenges as reported by the Reserve Bank of Australia (RBA) in their October 2025 financial overview. The RBA reassures Australians of a healthy enterprise sector and positive mortgage repayments, the strength of the banking sector, a...

In this week's Financial Services Online Weekly Finance News Wrap, we discuss the ANZ Group's plan to fund a restructuring strategy by halting a A$800 million share buyback, which resulted in a 3.3% rise in share prices. We share good news from the Reserve Bank of Australia about the country's financial resilience amid global instability and robust, well-capitalized banking sector. The latest surv...

In this week's Financial Services Online wrap, Paige Estritori covers significant transformations in Australia's finance and business sectors. News includes Macquarie Investment Management overhauling its Wrap platform, removing excess and refocusing on core offerings. The change prompts investors to revisit their portfolios and potentially seek professional advice. Reserve Bank of Australia's Gov...

In this episode of 'Weekly Finance News Wrap', Paige Estritori discusses the state of Australia's transport sector, highlighting the challenges and opportunities for organisations in the industry. Amid difficulties in the transport sector, which recently led to Transtar entering administration, there is growth in truck insurance uptake by Insuregroup. The closure of several companies suggests risi...

In this week's financial news, Australian shipbuilder Austal Limited received a $100 million loan from Export Finance Australia, intending to expand operations in Mobile, Alabama. The significant defence deal could bolster job opportunities and economic progress in both Australia and the US. Additionally, Marinex Underwriting, co-founded by Janelle Karnib, Chris Kelly, and Ainsley Smith, have ente...

This week's episode of Financial Services Online's Weekly Finance News Wrap, hosted by Paige Estritori, analyzes the shifts in Australia's economic landscape. The discussion begins with SMEs' growing reliance on non-bank lenders. Despite offering attractive features, there is an urgent call for SMEs to scrutinize interest rates and fees in light of their financial objectives. Compounding the econo...

In this week's Financial Services Online podcast, Paige Estritori brings attention to recent developments in the Australian finance sector. Commonwealth Bank of Australia is under scrutiny for its loan approval to a self-confessed problem gambler, raising questions about responsible lending practices. Meanwhile, non-bank lender Rate Money plans to support self-employed Australians with its reduced...

In this episode of the Weekly Finance News Wrap, significant developments in Australia's financial sector are discussed. The Australian government has embarked on a program to provide low-interest loans for eligible citizens to purchase electric vehicles (EVs), potentially saving borrowers up to $8,000 on a $40,000 loan over seven years. Bank Australia also plans to stop loans for petrol, diesel,...

In this week's financial update, the Reserve Bank of Australia (RBA) may further cut interest rates due to ongoing inflation and surging consumer spending. This could crucially impact those with or considering a home loan. For first-time home buyers, the First Home Guarantee scheme is expanding from October 1, 2025, removing restrictions and increasing property price limits. However, this may also...

In this episode, Paige Estritori from Financial Services Online discusses key financial trends in Australia and globally. The episode delves into the impacts of the USD Smile phenomenon on AUD due to recent American Federal Reserve policy shifts and global market risks. Developments in AI and geopolitical tensions are also identified as presenting serious challenges to the Australian Dollar. The p...