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Peter Stevens Motorcycles Faces Financial Turmoil with $65.9 Million Debt
Implications for Customers and the Australian Motorcycle Market
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The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
Peter Stevens Motorcycles, a cornerstone of Australia's motorcycle retail industry since 1970, has entered voluntary administration, revealing debts exceeding $65.9 million.
This development casts uncertainty over the future of the company's 400 employees and its extensive customer base.
The administration process, managed by KordaMentha, aims to explore options for the sale or recapitalisation of the business. In the interim, the company continues to operate, with administrators seeking immediate expressions of interest from potential buyers.
For customers, particularly those with existing orders or considering purchases, this situation raises concerns about the fulfilment of orders, warranty services, and the availability of after-sales support. It's advisable for customers to stay informed through official communications from Peter Stevens Motorcycles and to consider alternative dealerships for their immediate needs.
From a broader perspective, this development highlights the challenges faced by the motorcycle retail sector in Australia, influenced by economic pressures and shifting consumer behaviours. Prospective buyers should exercise due diligence when selecting dealerships and consider the financial stability of retailers as a factor in their purchasing decisions.
Published:Tuesday, 27th Jan 2026 Source: Paige Estritori
Please Note: If this information affects you, seek advice from a licensed professional.
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In July 2025, Australia's top 10 authorised deposit-taking institutions (ADIs) reported a combined business loan book of $925 billion. Notably, Japanese banking giants Sumitomo Mitsui Banking Corporation (SMBC) and Mitsubishi UFJ Financial Group (MUFG) emerged as significant contributors to this growth, outpacing traditional Australian lenders in percentage growth rates. - read more
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