In this week's edition of the Finance News Wrap, host, Paige Estritori, discusses changes in Australia's financial planning and tax processes. Financial Planner James O' Reilly makes a case for financial advisers gaining access to the Australian Taxation Office portal. Despite concerns over costs and cybersecurity, such access could simplify EOFY procedures. The surprise cash rate of 3.85% by the Reserve Bank of Australia might slow down property price growth due to weaker economic growth and easing inflation. However, the strong labor market and housing market dynamics could foresee a sharper rate cut. Labor market challenges are pushing the RBA toward further interest rate reduction. Lastly, the RBA anticipates a potential cash rate cut due to current inflation aligning with its target range. For more insights into Australia's finance trends, tune in next week.