Mon, 2nd Dec 2024 - Finance News Wrap

What this episode covers

This week on the Weekly Finance News Wrap, significant changes are set to impact the Reserve Bank of Australia (RBA) as a leadership overhaul splits it into two boards, focusing on governance and economic policy respectively. Despite concerns raised by AMP's Chief Economist, Shane Oliver, the changes are set to provide a cautious approach to policy setting. In housing, a proposal to adjust mortgage lending rules could ease the stress for first-time home buyers. Meanwhile, Franklin Templeton signals a digital revolution, suggesting the rise of crypto wallets could redefine portfolio management. Lastly, Bella Financial Group considers acquiring full ownership of Selfwealth to strengthen its digital broking sector.

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When was this Finance News Wrap episode published?

This episode was published on December 1, 2024.

What is this episode about?

This week on the Weekly Finance News Wrap, significant changes are set to impact the Reserve Bank of Australia (RBA) as a leadership overhaul splits it into two boards, focusing on governance and economic policy respectively. Despite concerns raised...

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