In this episode, Paige Estritori provides the Daily Financial Services News Wrap on behalf of Financial Services Australia. Key topics include Australia's economic landscape—with the Reserve Bank maintaining a steady cash rate at 3.6% due to concerns over inflation, and a slight rise in unemployment. Borrowers are advised to stay informed and consider locking in current loan rates amidst economic uncertainty. Other highlights include Rate Money reducing interest rates for self-employed Australians and the collaboration between Renown Lending and Marlbury Capital, aimed at enhancing asset-backed loans for SMEs. Finally, ASIC warns about some lenders potentially diverting vulnerable consumers towards risky financial products. As always, listeners are encouraged to stay informed and savvy.n

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