The Finance News Wrap, hosted by Paige Estritori, brings you the most relevant and up-to-date news from the Australian Mortgage and Finance industry. We diligently gather the latest developments, focusing on news from the past week that resonates most with Australian business and personal consumers. Our team conducts in-depth research on each selected news item to craft original articles that not only inform but also provide valuable insights into the current financial landscape. Our podcast summarizes these key news items, delivering them in a concise and engaging format. Whether you're a professional in the finance sector or a personal consumer interested in staying abreast of the mortgage and finance trends, our podcast is your go-to source for reliable and impactful information, presented weekly by the knowledgeable Paige Estritori.
In this week's Finance News Wrap, Financial Services Online explores Australia's changing financial and EV landscape. The Reserve Bank of Australia reports a 0.7% rise in total credit in May 2026, largely driven by robust demand in business credit. However, lenders remain stringent, prompting businesses to thoroughly prepare loan applications. Australia's financial advice sector presents a disparity, as despite a 71.7% pass rate at June 2026s Financial Advisers Exam, the number of advisers dipped below 15,000. In the EV industry, new additions like Farizon's F3E and Leapmotor B05 serve varied needs of small business and cost-conscious buyers, respectively, but considerations about whole-of-life costs and suitability are paramount. Loan calculators are advised for assessing total EV ownership costs. To stay updated, visit financialservicesonline.com.au.
7 Jul 2026
Wed, 8th Jul 2026
In this week's Financial Services Online podcast, host Paige Estritori guides listeners through recent happenings in the finance and electric vehicle industry. A significant portion of the discussion centres around the decrease in financial advisers and rising compliance demands, despite promising results from the latest Financial Adviser Exam. The Australian Securities and Investments Commission's revocation of 26 authorisations underscores the importance of diligent consumer engagement and verifying adviser qualifications. Changes in the electric vehicle market include the introduction of affordable Farizon F3E and Leapmotor B05 models. While their low starting prices appeal to budget-conscious buyers, Paige stresses the necessity to consider total ownership costs, whole-of-life costs, and practicality before investing. As always, potential buyers are advised to calculate loan implications before finalizing any deals. For more updates and advice, listeners are directed to the Financial Services Online website.n
6 Jul 2026
Tue, 7th Jul 2026
In this episode of the Weekly Finance News Wrap, we cover the latest in electric vehicle updates and mortgage news. Firstly, we discussed Farizon's new F3E electric truck cab for small businesses and service fleets, and Leapmotor's launch of the affordable B05 in Australia. Both models offer impressive ranges, but buyers are advised to consider whole-of-life costs and charging access. We also delve into the topic of refinancing and highlight how aggressively targeted new mortgage rates by lenders might not benefit existing mortgage owners unless they contemplate refinancing. Factors such as financial health, available equity, and credit history determine eligibility, but loan features and fees are significant aspects to consider too. Visit our website for resources like loan calculators to assist in your financial journey.
Podcast Authority Score: 25 / 100
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