The APAC Financial Wellness Initiative hosted a presentation focused on the latest insights from RFI Global, on financial wellness, confidence and stress in Australia. Anna Perera-Shaw (Director – Consumer Credit, Deposits & Payments at RFI Global) discusses how consumers are managing their finances against the backdrop of an uncertain market, increases in the cost of living and a rising cash rate. Consumers are saving money where possible and cutting back on personal spending to ensure they are able to meet their bills, and there is a growing focus on the importance of a financial safety net in the case of unexpected expenses. Personal financial management tools and digital apps are also playing a role in enhancing financial literacy and wellbeing, particularly among younger consumers.