Thu, 24th Jul 2025
from Finance News Wrap Hosted by Paige Estritori
In this week's finance news, the Reserve Bank of Australia (RBA) maintained the official cash rate at 3.85%, a decision stemming from internal debates and potentially causing market volatility. BetaShares announced the launch of Trellia Wealth Partners, an independent entity with $8 billion in funds management, focusing on delivering innovative financial advice. Meanwhile, the Labor government moves towards standardised green investment labels to guide consumers and prevent greenwashing, with a public consultation announced to refine the framework. Lastly, Datt Capital forecasts growth in housing, healthcare, and financial services due to Australia's population surge and the advent of digital infrastructures.n
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