Thu, 29th May 2025

In this week's episode of the Weekly Finance News Wrap, host Paige Estritori discusses several key topics: heightened financial pressures Aussies face, with 20% living paycheck to paycheck and 42% capable of self-support for only three months if jobless; the importance of financial guidance, though cost remains a barrier for many; a new trend among young Australians of 'Rentvesting', opting for mortgage payments over rising rental prices; the revival of the financial advising sector, using AI and new strategies to increase profits while tackling upcoming retiree advice needs; and the economic issue of 'capital shallowing' threatening Australia's productivity. Throughout, the vital role of knowledge in navigating financial uncertainty is emphasized.n