In this week's Financial Services News Wrap, Paige Estritori discusses: 1) Telstra's successful financial strategy, its raised dividend, $750 million share buy-back initiative, and $800 million joint plan with Ericsson to enhance mobile network technology, following a 7.1% profit rise. 2) Victoria's property landscape, with a significant drop in rental properties and decreased dwelling values in Melbourne, creating opportunities for first-time home buyers. 3) Slower job growth, reduced wage growth, and potential minor rise in unemployment rates, which might ease inflation concerns, following the Reserve Bank of Australia's cautious rate cut. 4) The Financial Advice Association of Australia's concerns about the Australian Financial Complaints Authority's projected rise in claim handling costs, which is causing unrest among financial advisors and industry insiders. For more stories, visit financialservicesonline.com.au.n