In this week's financial update, the Reserve Bank of Australia (RBA) may further cut interest rates due to ongoing inflation and surging consumer spending. This could crucially impact those with or considering a home loan. For first-time home buyers, the First Home Guarantee scheme is expanding from October 1, 2025, removing restrictions and increasing property price limits. However, this may also amplify house prices and competition. Meanwhile, marine businesses are expected to bolster their financial insight as MitchCap, along with the Boating Industry Associations (BIA and BIAV), introduce a National Marine Industry Financial Awareness and Development Program. Finally, Club Marine celebrates 65 successful years in recreational boat insurance, further solidifying its position in the marine insurance sector. Stay tuned for more finance news and insights.

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