In this episode of Financial Services Online Weekly Finance, Paige Estritori discusses the Australian financial landscape. Major topics include a possible interest rate cut signalled by the Reserve Bank of Australia after holding the current rate at 4.35%, and increased optimism after a change in language surrounding rate hikes. Notably, the November decline in business confidence, with a particularly negative impact on South Australia and Victoria's manufacturing and retail sectors. The housing market faces challenges due to increased listings and decreasing sales. On a positive note, the 2024 Australian Financial Advice Report shows a preference for issue-specific advice over traditional full-service models. Upcoming changes in ANZ Bank leadership are also covered as veteran CEO Shayne Elliot is set to step down for Nuno Matos to take charge in July 2025.