Fri, 10th Apr 2026

In the latest Weekly Finance News Wrap, Paige Estritori of Financial Services Online discussed major financial highlights from Australia. The Reserve Bank of Australia has increased the official cash rate to combat stubborn inflation, partly due to global oil price hikes. This move could, however, dampen consumer spending and slow growth. The Great Barrier Reef Commercial Marine Conference focussed on the future of Australia's marine sector, emphasizing its economic contributions, job creations, and the importance of sustainable practices and technology advancements. Meanwhile, non-bank lenders are stepping up as major banks pull away, potentially creating higher risks for SMEs. Lastly, the motorcycle market dipped slightly in 2025, but urban scooter sales showed a promising rise.