Sat, 25th Oct 2025

In this episode, Paige Estritori provides the Daily Financial Services News Wrap on behalf of Financial Services Australia. Key topics include Australia's economic landscape—with the Reserve Bank maintaining a steady cash rate at 3.6% due to concerns over inflation, and a slight rise in unemployment. Borrowers are advised to stay informed and consider locking in current loan rates amidst economic uncertainty. Other highlights include Rate Money reducing interest rates for self-employed Australians and the collaboration between Renown Lending and Marlbury Capital, aimed at enhancing asset-backed loans for SMEs. Finally, ASIC warns about some lenders potentially diverting vulnerable consumers towards risky financial products. As always, listeners are encouraged to stay informed and savvy.n