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In this week's Financial Services Online wrap, Paige Estritori covers significant transformations in Australia's finance and business sectors. News includes Macquarie Investment Management overhauling its Wrap platform, removing excess and refocusing on core offerings. The change prompts investors to revisit their portfolios and potentially seek professional advice. Reserve Bank of Australia's Governor, Michelle Bullock, has decided to maintain interest rates, dismissing the recent rise in unemployment as temporary. Businesses are encouraged to stay vigilant and monitor policy shifts closely. The podcast also discusses transport sector stress, with Transtar Linehaul entering administration, triggering an auction of assets worth over six million dollars, indicating larger industry issues. Finally, listeners are reminded to stay updated by visiting the Financial Services Online website for the latest news and advice.n
