This episode of the Weekly Finance News Wrap, with host Paige Estritori, covers key financial headlines from Australia. The retail sector anticipates a challenging holiday season due to escalating living costs and stagnant wage growth. Despite these hurdles and increased interest rates, experts like Dave Rumbens point to potential recovery aids like lower inflation and governmental relief by 2025-2026. The property market experiences a clampdown on fraudulent misuse of the first-time buyer stamp duty relief scheme by Revenue NSW, recovering $9 million. Upcoming parliamentary inquiry sessions will see top executives from Commonwealth Bank and Westpac face questions on transparency and fair practice. Finally, slight relief in inflation, down to 3.5% in July, gives hope due to government measures such as the $300 energy bill relief fund, though concerns about underlying inflation issues remain.