Sun, 23rd Feb 2025

In this episode of Weekly Finance News Wrap, host Paige Estritori covers pivotal updates from the Australian finance industry. Australia's leading telecom company, Telstra, announces a robust financial strategy, including a dividend raise, a $750 million share buy-back initiative, and a significant profit boost, driven by 119,000 new mobile customers. A shift in Victoria's real estate market sees a fall in rental properties but creates opportunities for first-time home buyers. Broader economic discussion touches on potential inflation stabilization due to softer employment figures, while the Financial Advice Association seeks clarification from the Australian Financial Complaints Authority on the projected increase in claims handling costs. These updates and more can impact your personal or business finance scenarios, available for further exploration on financialservicesonline.com.au.n