Mon, 6th Oct 2025
from Finance News Wrap Hosted by Paige Estritori
This week's Finance News Wrap, presented by Paige Estritori, focuses on the key financial happenings in Australia. The First Home Guarantee scheme initiated by the Labor government has triggered an upturn in the property market, inciting a surge in first-time buyers and investor interest. It's predicted to increase national home prices by 3.5%-6.6% by 2026, but raises concerns about property affordability. In business news, Entireti's acquisition of Australian Unity's financial advice business and launch of Salita Portfolio Services positions them competitively in the licensee market. Online, social media is aiding pre-retirees with financial advice, crafting a novel approach to client acquisition. However, experts have voiced apprehensions about potential risks of the First Home Guarantee scheme, such as overinflated property prices and consequent risks of negative equity for first home buyers.
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