Wed, 20th Aug 2025

In this latest episode of the Weekly Finance News Wrap, host Paige Estritori discusses several key events impacting the global and Australian economy. The upcoming Jackson Hole Economic Policy Symposium's implications on global economic trends, currency values, and FOMC policy directions are emphasized, particularly its impact on the Australian dollar. Next, the ongoing challenges in the Australian housing market, such as swelling value-to-income ratios and affordability issues despite interest rate cuts are examined. The government's responses, including initiatives like the 5% deposit scheme, are explored. The episode also touches on strong calls for economic reform from a coalition of business groups intending to slash red tape and spur investment. Finally, the impacts of the recent Reserve Bank of Australia rate cut on the property market, including boosting auction clearance rates and prospective further cuts, were discussed.