As inflation cools in mid-2025, the Reserve Bank is signalling a shift toward cutting interest rates—a move that could bring welcome relief to households and boost confidence in the broader economy.

For mortgage holders, expectations of lower rates are already influencing repayment strategies, with some opting to refinance in anticipation of reduced costs. A formal rate cut would ease monthly financial pressure, particularly for those on variable loans.

Businesses, too, may benefit from cheaper lending, potentially unlocking investment and expansion plans that had been shelved during the high-rate environment. Increased borrowing confidence could flow through to job creation and stronger economic activity.

But there are risks. Cutting rates too early—especially while other global central banks hold steady—could fuel inflation or put pressure on the Australian dollar. The Reserve Bank’s decisions in the months ahead will be key to balancing recovery with stability.

Dr Steven Enticott is a finance professional, speaker, regular columnist, and author of The Man With A Plan.

For more information www.ciatax.com.au

Tax time scams on the rise in 2025, with cybercriminals using new AI tactics to deceive Australians.

Every year, many hope for a reduction in scams targeting Australians, yet 2025 appears no different.

Jacqueline Jane, host of Ticker Clicks, explores how tax time presents opportunities for scammers, who aim to steal money, identities, and tax file numbers.

They impersonate various entities to deceive victims. Common scams include fake emails and SMS from the Australian Tax Office (ATO) or myGov, along with threatening phone calls about possible arrests for unpaid debts.

In April 2025, Australians reported over 6,000 ATO impersonation scams, with seniors being the most vulnerable.

Email remains the primary communication method for scammers, accounting for more than 96% of reported scams.

This year, scammers have advanced their tactics using AI, creating more convincing emails and deepfake voice calls.

Australia’s cybersecurity landscape faces growing threats from cyberattacks and human error, highlighting the need for increased awareness and protection.

Australia’s cyber landscape is rapidly changing, with increasing incidents of cyber attacks, data breaches, and scams affecting both individuals and organistions.

Cybersecurity expert Jacqueline Jane highlights that the boundary between work and personal life has blurred, making individuals more vulnerable to cybercriminals.

Cybercriminals exploit this by targeting social media and personal interactions to access sensitive information.

Recent findings from the Cybercrime Trends 2025 report by SoSafe reveal that over 90% of organisations globally face cyber threats, with Australian businesses particularly impacted.

https://sosafe-awareness.com/secure-australia/