Tue, 22nd Jul 2025

In this week's Finance News Wrap, Australia's economic stability is recognized as a safe haven amidst global uncertainties, particularly due to US market instability. Australia's equity markets show robustness and potential for continuous growth in 2025. The local property market is flourishing with the national auction clearance rate and government initiatives such as the Albanese government's deposit scheme resulting in increasing demand. However, there are concerns about potential economic pressure in the future. Investment management firm Schroders advises caution and a disciplined approach amidst volatile times. The Australian Securities and Investments Commission issued fines on Sky Money Pty Ltd and Smart Financial Capital Pty Ltd for allowing unregistered advisers to dispense personal financial advice, highlighting the importance of financial compliance. Finally, Financial Services Online urges checking out their website for personal and business financing needs.n