Sat, 5th Jul 2025

This weekly financial news update covers several key topics. The deceptive sales tactics in the solar industry are discussed, with actions being taken by consumer advocates and the Australian Competition and Consumer Commission (ACCC) to put an end to these threats on consumers, particularly the vulnerable ones. Continued growth in online sales in Australia is also discussed, showing an economic outlook that's cautious but hopeful. The update highlights the increase in minimum wages, superannuation contributions, and legislative protections for Australian workers. Lastly, the historic decline in the US dollar due to concerns over President Trump's tariff policies and its potential global effects are discussed. Stay up to date with these and other developments in finance through Financial Services Online.