Finance News Wrap

Mon, 1st Sep 2025


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In this episode, Paige Estritori from Financial Services Online covers significant financial news. The Reserve Bank of Australia revises productivity growth expectations amid tax reform debates and intergenerational equity issues, suggesting a challenging environment for the Australian dollar. Estritori discusses the persistent struggle with wage growth, revealing real wages are the lowest since 2022, with slow salary growth of just 0.2%, affecting purchasing power of Australian households. Surprisingly, inflation has risen, with the Australian Bureau of Statistics reporting inflation at 2.8% due to increased electricity prices and travel costs. The episode closes with a warning from the Insurance Council of Australia about the potential for the new Home Guarantee Scheme to inadvertently increase home prices. The key message: adaptability is crucial in Australia's evolving economic landscape. Visit Financial Services Online for further insights.
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Finance News WrapBy Paige Estritori