Sat, 30th Nov 2024

This week's Weekly Finance News Wrap discusses transformative moments in the Australian finance world. The podcast details a senate inquiry recommending a tweak to mortgage lending rules to ease hardships for first-time home buyers in the face of a 3% serviceability buffer. Soon, this could be revised based on the economic climate. Also featured is the surge in digital investment strategy, with Franklin Templeton's focus on crypto wallets that promise to defragment and streamline portfolios, offering a practical approach to fractional ownership. The podcast concludes with BFG's planned acquisition of Selfwealth to expand its digital broking reach, signalling potential growth in the finance industry. Listeners are urged to stay tuned for more updates from Financial Services Online for personal and business finance news and services.