In this week's Finance News Wrap, we discuss key financial shifts in Australia and beyond. Despite potential decreases in interest rates, private credit is demonstrating stable growth, with expectations for maintained momentum in areas such as mergers and acquisitions. In the banking landscape, private credit is turning into a distinct entity from traditional banking, particularly in the U.S and Europe. The Reserve Bank of Australia is undergoing significant reform, introducing new advisory boards to modernize decision-making - the most substantial change in 30 years. However, New Zealand is facing economic challenges, with potential GDP contraction leading to rate cuts and future reductions by the Reserve Bank. In Australia, a shift in investor preferences toward private markets is apparent with a decrease in the number of ASX-listed companies. Finally, EQT launches EQT Nexus to offer investment opportunities typically reserved for institutional investors.