Mon, 15th Jun 2026

In this week's finance news wrap, Australian small and medium enterprises (SMEs) are facing challenges due to impending 'payday super' reforms. A concerningly high number of SMEs are unprepared for these changes, leading many to implement price increases. Despite this, a promising 50% are using AI tools to manage the transition. The caravan repair sector is struggling due to the ongoing fuel crisis, prompting calls for extended federal fuel excise relief. Australians are increasingly resorting to personal loans due to rising living costs, leading experts to stress the importance of financial consultation. Finally, the Australian Prudential Regulation Authority has maintained a 3% mortgage serviceability buffer in response to global economic uncertainties, highlighting its commitment to ensuring borrower resilience against rising interest rates.n