Thu, 5th Jun 2025
from Finance News Wrap Hosted by Paige Estritori
In this installment of Financial Services Online's Weekly Finance News Wrap, Paige Estritori explores Australians' increasing demand for affordable financial advice, according to a recent report from Colonial First State. Meanwhile, the Reserve Bank of Australia contemplates a potential interest rate cut, which could potentially stimulate spending and investments but might also lower returns for savers. The discussion also highlights dynamic prospects in the Australian Real Estate Investment Trusts in the context of lower inflation and falling interest rates. Lastly, the importance of open financial discussions in relationships, particularly among older Australians, is underscored, stressing the need for clear agreements on wealth and expenses for long-term financial security. For more insights into these topics and others, tune in to Financial Services Online.n
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