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d'Albora Marinas Enhances Sustainable Boating with GoBoat Acquisition
Expanding Self-Drive Electric Boat Experiences Nationwide
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d'Albora Marinas, Australia's largest marina and hospitality network, has recently acquired GoBoat Australia, a company renowned for its sustainable, self-drive electric picnic boats.
This strategic move aims to accelerate GoBoat's expansion and strengthen d'Albora's national presence in the marine industry.
Founded in 2017 by Nick Tyrrell on Lake Burley Griffin in Canberra, GoBoat has grown from a single operation to six destinations across Australia, including locations in New South Wales, Victoria, Queensland, and the Australian Capital Territory. The acquisition is expected to facilitate further growth and introduce GoBoat's unique offerings to more Australians.
GoBoat's mission is to make sustainable boating accessible to all, providing eco-friendly, self-drive experiences that allow individuals to enjoy waterways without the need for a boat licence. The integration with d'Albora Marinas is anticipated to unlock new opportunities and enhance the sustainable boating landscape in Australia.
For more information on GoBoat's services and locations, visit their official website.
Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.
The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at enhancing financial stability within the housing market. Effective from 1 February 2026, APRA will impose a cap limiting banks to issuing no more than 20% of new home loans to borrowers with a debt-to-income (DTI) ratio of six times or higher. This measure is designed to curb the rise in high-risk lending practices and mitigate potential vulnerabilities in the financial system. - read more
In response to the Reserve Bank of Australia's (RBA) recent decision to raise the official cash rate by 0.25 percentage points to 3.85%, Australia's major banks have announced corresponding increases in their home loan variable interest rates. This move marks the first cash rate hike in two years and reflects the central bank's efforts to address rising inflation and economic growth concerns. - read more
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