MoneyTips Weekly News Wrap: Australia’s Headlines and Insights

Stay across Australia’s week in news with a clear, reliable wrap. Each episode distils major stories in the economy, policy, markets and consumer trends, explaining what happened, why it matters, and what to watch next. Expect concise summaries, credible sources and plain-English context tailored to everyday Australians. Designed to help you cut through noise and stay informed, it’s a trustworthy weekly brief you can count on, delivered with a calm, approachable tone.

This Week:

Paige Estritori covers four timely stories for Australians: the RBAs September hold at about 3.6% and what to watch before November; APRAs warning that many super funds face sustainability pressure and potential fee impacts; CSLRs update showing 551 payouts totalling about $54m and what consumers should do; and draft laws to ban life insurers using genetic test results, with consultation open until 12 October. Practical takeaways point listeners to comparisons, calculators and plain‑English guides on money-tips.com.au.

EPISODE 742 | MoneyTips Weekly News Wrap: Australia’s Headlines and Insights | Fri, 3rd Oct 2025

3 Oct 2025 | Paige Estritori

00:00:00

00:00:00

1x

Read Full Transcript:

Hello and welcome to MoneyTips Weekly News Wrap: Australias Headlines and Insights, Im Paige Estritori, and its Thursday, 2 October 2025. First up, the Reserve Bank kept the cash rate at about three point six per cent at its September meeting on 30 September. The tone was cautious, with the Board flagging that September‑quarter inflation could be a little hotter. The next big data point is the quarterly CPI on 29 October, which will shape the November decision. For borrowers and savers, most lenders tend to leave variable rates unchanged after a hold, so use this pause to compare your options and run repayment and savings scenarios with our simple calculators. Next up, Australias super watchdog says many funds are under pressure. About half have fewer member accounts than a year ago, while the biggest funds keep growing. That can mean higher fees at smaller funds or more mergers ahead. Its a good moment to review your funds fees and long‑term performance and use our comparisons to check youre still getting value. Meanwhile, the Compensation Scheme of Last Resort says it has made more than five hundred payments since launch, totalling about fifty‑four million dollars, with most tied to failed advice firms. An extra levy on advice licensees is expected to cover claims. If youre engaging a new adviser, check theyre licensed on the ASIC register and keep clear records. Our guides walk you through what to look for before you sign anything. And finally, draft laws are out to ban life insurers from using your genetic test results when deciding cover. The aim is to remove a barrier to medical testing and give consumers certainty, with consultation open until 12 October. If youve been delaying a test or shopping for life cover, this could help. Compare policies and read the Product Disclosure Statement so you know whats included and any exclusions. Thats the wrap. For clear, current financial services information for Australians — plus easy tips, comparisons, quotes and calculators — head to money-tips.com.au. Im Paige Estritori; thanks for listening.

Finance Articles

Clear

Saving for Your Child's Future: Education Funds and Beyond

As young families embark on the journey of raising children, financial planning becomes an essential tool to ensure a stable future. With the rising costs of education and living expenses, it's crucial to put plans in place early. By doing so, families can alleviate stress and focus on what matters most: their children's growth and development. - read more

How to Create a Monthly Budget That Works for You

Budgeting is an essential skill for anyone looking to take control of their personal finances. It serves as the foundation for achieving financial stability and reaching your monetary goals. Yet, managing a budget can seem daunting, especially if you're unsure where to start or how to maintain one. In this article, we'll guide you through crafting a monthly budget that truly works for you, ensuring you not only manage your money effectively but also stress less about financial uncertainties. - read more

Maximise Your Superannuation: Strategies for a Comfortable Retirement

Superannuation, commonly known as 'super,' is a crucial part of planning for a comfortable retirement. It serves as a long-term savings measure, gradually increasing in value to support you once you stop working. But what exactly is superannuation? - read more

Investing 101: A Beginner's Guide for Australian Adults

Investing can initially seem daunting, but it’s essentially the act of allocating money with the expectation of generating an income or profit over time. It's important because investing offers the potential for your money to grow and outpace inflation, ensuring you have a secure financial future. - read more

Top 5 Financial Tips for Australian Young Families

Starting a family is one of life's most rewarding experiences, but it also comes with a unique set of financial challenges. For young families in Australia, where the cost of living can rise quickly, having a solid financial plan is crucial. Financial planning is not just about managing money; it's about creating a sense of security and peace of mind for your loved ones. - read more