Insignia sold for $3.3b; RBA explains rate call; Fed parliament kicks off

Wednesday 23 July 2025

One of the country’s biggest financial planning groups set to be sold in a $3.3 billion deal. 

And more, including:

• The Reserve Bank explains why it didn’t cut interest rates. 
• Federal parliament kicks off. 
• Chinese-made cars forecast to make up almost half of all sales in a decade’s time.
• Donald Trump’s approval rating takes a tumble. 

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