In this episode of the Weekly Finance News Wrap, Paige Estritori discusses the state of financial affairs in Australia. Young Australians are increasingly seeking debt services as they grapple with escalating living costs and interest rates, calling for early intervention and financial education in schools. The new year has seen significant dips in consumer confidence attributed to inflation, changing interest rates, and unstable energy prices. This is influencing consumer behaviour, with more cautious spending and businesses responding through loyalty programs and promotions. The Australian Securities and Investments Commission is introducing new guidelines to strengthen financial advice standards and improve transparency. Lastly, in anticipation of the 2026 deadline, there's a surge in financial advisers enrolling to upgrade their qualifications, reflecting the sector's commitment to professional excellence.