Mon, 8th Sep 2025
from Finance News Wrap Hosted by Paige Estritori
In this episode, Paige Estritori covers the week's financial news. The US's slow economy is igniting the possibility of imminent interest rate cuts, impacting global markets, such as strenghtening the Australian dollar and boosting safe-haven assets, such as gold. Asian stock markets observe a sharp sell-off, but Wall Street indices leap ahead. Melbourne is now the most affordable major Australian city for housing, with the median dwelling value being the lowest among major capitals. Despite recent remarks from US President Trump causing notable falls in the ASX200 and All Ordinaries, commodities like gold and silver mining stocks are seeing gains. The episode concludes with a discussion on the Labor government's expansion of the low deposit homebuyer scheme, which could potentially boost the first homebuyer demand despite likely increases in house prices.
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