On this episode of 'Weekly Finance News Wrap', Paige Estritori provides an update on the Australian and UK financial markets. In Australia, the steady unemployment rate at 4.1% signifies a strong job market, with 16,000 new jobs created in October. Economists anticipate no rate cuts by the Reserve Bank of Australia (RBA) despite a slowdown in workforce growth. In the UK, Leigh Mackey, owner of Inspire Insurance Services, faces a significant penalty for misuse of insurance funds, pointing to the importance of transparency in finance. Back in Australia, there is a record surge in the domestic ETF market, with inflows surpassing the $23.7 billion mark. The RBA remains focused on inflation, given the current rate of 3.5%, with potential rate adjustments predicted mid-next year.n