In this week's finance news wrap-up, Paige Estritori discusses significant economic shifts in the Australian finance sector. Recent reports predict significant cuts in Australia's interest rates by 2025, driven by a dramatic drop in commodity prices. Despite temporary relief from recent tax cuts, economic predictions remain uncertain with expected austerity measures due to trade term declines. Corporate insolvencies have increased significantly over the 2023-24 financial year, putting further pressure on SMEs. Westpac announces plans to shut down their home loan subsidiary, RAMS Financial, but reassures existing loan holders of continued service. Despite these challenging times, Financial Services Online remains committed to helping listeners navigate the current finance landscape.