In this week's episode, Paige Estritori of Financial Services Online covers various developments in Australia's financial sector. The ASIC has introduced the new Corporations Instrument 2025/234, refreshing financial advice guidelines and drawing attention to the importance of distinguishing between general and personal advice. In the banking realm, Commonwealth Bank and others have expressed concerns over the Reserve Bank of Australia's proposal to cut card transaction charges, stirring up debates around consumer costs and reward effects. The surge in consumer spending may limit options for interest-rate cuts, even with a possible rate drop in November. The discussion also touches on potential issues delaying the Compensation Scheme of Last Resort, including a lacking $47.29M in special levy funds. For more, visit financialservicesonline.com.au.