Wed, 6th Aug 2025

In this episode of the Weekly Finance News Wrap, we discuss the mixed reactions in global markets amid ongoing US economic uncertainty. Despite this atmosphere, gains have been observed on Wall Street, and the European market is bouncing back, while reactions in Asian markets vary. The Australian dollar had a less favourable week. On the domestic front, the real estate market looks to be becoming a seller's market, primarily driven by strong auction outcomes and positive consumer sentiment. However, older Australians are grappling with the complexities of the reverse mortgage market, with calls for more broker support. Across the Pacific, the US economy faces challenges due to persistent tariff volatility, with a potential hard landing on the horizon. For more personal and business finance news, tune in next week.