Sat, 8th Jun 2024

This podcast covers significant financial news of the week from Australia. Key topics include The Reserve Bank of Australia keeping official interest rates steady at 0.1% until 2024, in line with inflation targets. The housing market experienced a significant surge as investor lending hit the highest numbers since October 2015. In tech, the number of Fintech startups rose substantially, showing a shift towards innovation in traditional banking and finance. The Commonwealth Bank also unveiled a new digital payment solution for small businesses. Lastly, amidst changing dynamics, imports from Australia to China increased by over 20% in Q1, easing concerns over a total fracture in economic ties. For more, tune in to the Weekly Finance News Wrap every Saturday.