In the latest Weekly Finance News Wrap, Paige Estritori covers major events reshaping the Australian financial sector. Key points include Westpac's decision to shutter its home loan subsidiary, RAMS Financial, to enhance future growth and streamline operations, while retaining RAMS' vast $31.8 billion loan portfolio. Fraud cases have surged, causing financial complaints to reach new heights in 2023/24. The Reserve Bank of Australia is expected to uphold the current cash rate at 4.35% on Tuesday, but potential inflation may lead to rate hikes. The retail sector struggles as brick-and-mortar shops face increased online competition, with ASIC data showing a rise in insolvencies in 2023-24 and Amazon gathering pace with over a million users in Australia by mid-2024. Economists advise vigilance amidst these changes.