In this week's Financial Services Online news wrap, we cover the latest happenings in Australia's finance sector. The Reserve Bank of Australia has indicated that the interest rate, which has been held at the same rate for seven sessions, will sit at a 12-year high. ANZ is dealing with an $85 million settlement related to its former car financing division's questionable loan commission practices. Furthermore, major Australian banks, including ANZ, Commonwealth Bank, and Westpac, are collectively set to reimburse $28 million in unjust levied fees to two million Australians; this comes after an intervention from ASIC. Lastly, the struggles of household finances are highlighted, with one in 20 borrowers reportedly facing negative cash flow, highlighting the necessity of wise management and insightful financial advice. Stay tuned for more updates and financial advice.