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| Firstmac's Landmark $2 Billion RMBS Issuance Reflects Market Strength 12 Jun 2026: Paige Estritori In a significant development for the Australian mortgage market, non-bank lender Firstmac has successfully priced a $2 billion residential mortgage-backed securities (RMBS) transaction. This issuance stands as one of the largest in recent times, underscoring robust investor confidence despite prevailing global uncertainties. - read more |
| RBA Holds Cash Rate Steady at 4.35% in June 2026 12 Jun 2026: Paige Estritori The Reserve Bank of Australia (RBA) has announced its decision to maintain the official cash rate at 4.35% during its June 2026 meeting. This unanimous decision marks a pause in the central bank's recent series of rate hikes, providing a moment of stability for borrowers and financial markets. - read more |
| ScotPac's $300 Million ABS Deal Demonstrates Market Resilience 12 Jun 2026: Paige Estritori ScotPac, a leading non-bank lender, has successfully completed a $300 million asset-backed securitisation (ABS) transaction, marking its third such issuance. This achievement underscores the resilience of Australia's lending market and sustained investor confidence, even amid global economic uncertainties. - read more |
| Janus Electric's A$4.5 Million Boost for Zero-Emission Trucking 12 Jun 2026: Paige Estritori Janus Electric Holdings Limited, an Australian pioneer in heavy vehicle electrification, has successfully raised A$4.5 million through a private placement. This funding is set to accelerate the development and deployment of their innovative battery swap technology, aiming to facilitate the transition of Australia's freight and logistics sector to zero-emission vehicles. - read more |
| Declining Truck Sales in Australia: Navigating Economic Pressures 12 Jun 2026: Paige Estritori The Australian truck market experienced a significant downturn in May 2026, with new truck and van deliveries totaling 3,351 units. This figure represents a 14.5% decline compared to May 2025, continuing a trend of decreasing sales observed over the past year. - read more |
| Australian SMEs Grapple with Declining Confidence Ahead of Payday Super Reforms 12 Jun 2026: Paige Estritori Recent research indicates a notable decline in confidence among Australian small and medium-sized enterprises (SMEs), with the impending 'payday super' reforms contributing significantly to this downturn. The reforms, set to take effect on July 1, 2026, mandate that employers pay superannuation contributions concurrently with employee wages, replacing the existing quarterly payment system. - read more |
| Australian SMEs Embrace Non-Bank Lenders for Core Business Financing 12 Jun 2026: Paige Estritori Australian small and medium-sized enterprises (SMEs) are increasingly turning to non-bank lenders to meet their core business financing needs. Recent findings from ScotPac's bi-annual SME Growth Index Report reveal that 34% of SMEs have sourced non-bank lending in the past 12 months, not only for capital expenditure but also for working capital, cash flow management, and operational resilience. - read more |
| ScotPac Partners with UBS to Boost SME Financing Solutions 12 Jun 2026: Paige Estritori ScotPac, Australia's largest non-bank business lender, has announced a significant partnership with UBS AG Australia Branch, securing a new warehouse facility aimed at expanding its funding capacity for small and medium-sized enterprises (SMEs). This collaboration underscores ScotPac's commitment to delivering innovative financing solutions tailored to the evolving needs of Australian businesses. - read more |
| Australian Caravan Repairers Face Hardships Due to Fuel Crisis 12 Jun 2026: Paige Estritori The Australian caravan industry is currently grappling with significant challenges as the ongoing fuel crisis deters travellers from embarking on their usual journeys. This downturn has had a profound impact on caravan repair businesses, particularly those located in regional areas. - read more |
| Firstmac Enhances Broker Offerings with New Secured Caravan Loans 12 Jun 2026: Paige Estritori In a strategic move to address the increasing demand for lifestyle financing, Australia's leading non-bank lender, Firstmac, has introduced its inaugural secured caravan loan. This new product aims to equip brokers with a competitive offering to better serve clients seeking caravan financing options. - read more |
| Record Attendance and Optimism at Caravan Industry National Conference 2026 12 Jun 2026: Paige Estritori The 2026 Caravan Industry National Conference, held on the Gold Coast, concluded with record-breaking attendance and a positive outlook for the sector. Over 1,150 delegates and 140 exhibitors participated, underscoring the conference's significance as a premier business and networking platform within the caravan and camping industry. - read more |
| Australians Turn to Personal Loans as Living Costs Soar 12 Jun 2026: Paige Estritori In the first quarter of 2026, Australians borrowed a record $5.1 billion in personal loans, reflecting the mounting financial pressures from rising living costs. This trend underscores the challenges many face in managing daily expenses. - read more |
| Authorities Caution Against Using Super for Cosmetic Surgeries 12 Jun 2026: Paige Estritori Australian regulators have issued warnings about the increasing trend of individuals accessing their superannuation funds to finance cosmetic procedures. The Australian Taxation Office (ATO) and the Australian Health Practitioner Regulation Agency (AHPRA) emphasize that superannuation is intended for retirement savings, and early withdrawals for non-essential treatments can have long-term financial consequences. - read more |
| Australians Postpone Healthcare Amid Rising Mortgage Pressures 12 Jun 2026: Paige Estritori Recent research indicates that nearly half of Australian mortgage holders are delaying medical treatments due to escalating home loan costs. This trend reflects the difficult choices individuals face between managing financial obligations and maintaining health. - read more |
| Surge in Personal Loans as Australians Face Cost of Living Pressures 11 Jun 2026: Paige Estritori In the first quarter of 2026, Australians borrowed a record $5.1 billion in new personal loans, according to the Australian Bureau of Statistics. This significant increase reflects the mounting financial pressures many individuals are experiencing due to rising living costs. - read more |
| Reserve Bank of Australia Maintains Cash Rate at 4.35% 11 Jun 2026: Paige Estritori In its June 2026 meeting, the Reserve Bank of Australia (RBA) unanimously decided to keep the cash rate steady at 4.35%. This decision reflects the central bank's cautious approach amid ongoing economic uncertainties. - read more |
| MONEYME Completes Significant $365.4 Million ABS Transaction 11 Jun 2026: Paige Estritori Fintech lender MONEYME has successfully executed a $365.4 million personal loan asset-backed securities (ABS) transaction through the MME PL ABS 2026-1 Trust. This marks the company's largest ABS transaction to date and its third public capital markets transaction for the financial year, bringing total ABS issuance to over $1 billion. - read more |
| APRA Holds Firm on 3% Mortgage Serviceability Buffer 11 Jun 2026: Paige Estritori The Australian Prudential Regulation Authority (APRA) has announced its decision to maintain the current mortgage serviceability buffer at 3 percentage points. This measure requires lenders to assess borrowers' ability to meet repayments at an interest rate 3% higher than the loan's actual rate, serving as a safeguard against potential financial stress. - read more |
| RBA Maintains Cash Rate at 4.35% Amid Economic Uncertainty 11 Jun 2026: Paige Estritori The Reserve Bank of Australia (RBA) has announced its decision to keep the official cash rate steady at 4.35% during its June 2026 meeting. This decision reflects the central bank's cautious approach in the face of ongoing economic uncertainties and inflationary pressures. - read more |
| APRA Implements New Three-Tiered Banking Framework 11 Jun 2026: Paige Estritori The Australian Prudential Regulation Authority (APRA) has announced the introduction of a new three-tiered banking framework, effective from 1 July 2026. This initiative aims to enhance regulatory proportionality, ensuring that oversight is commensurate with the size and complexity of financial institutions. - read more |
| Essential Caravans' Acquisition of Zone RV: What It Means for Customers 11 Jun 2026: Paige Estritori The Australian caravan industry has recently witnessed a significant development with Essential Caravans' acquisition of Zone RV, a luxury caravan manufacturer that entered administration in December 2025, leaving creditors owed $42 million. This acquisition ensures the continuation of the Zone RV brand and its premium Australian-made caravans. However, it also presents challenges for existing customers who had placed orders prior to the company's collapse. - read more |
| Australian Caravan Repairers Struggle Amid Fuel Crisis 11 Jun 2026: Paige Estritori The escalating fuel crisis in Australia is having a profound impact on the caravan repair industry, with many businesses experiencing a significant downturn in demand. As fuel prices continue to rise, travellers are reconsidering their plans, leading to fewer caravans on the road and, consequently, less need for repair services. - read more |
| Electric Vehicles Capture 20% of Australian New Car Market 11 Jun 2026: Paige Estritori In May 2026, electric vehicles (EVs) achieved a significant milestone in Australia, accounting for 20% of all new car sales. This development indicates a substantial shift in consumer preferences towards more sustainable transportation options. - read more |
| ASIC Calls for Enhanced Standards in Auto Finance Lending 11 Jun 2026: Paige Estritori The Australian Securities and Investments Commission (ASIC) has conducted a comprehensive review of the motor vehicle finance sector, uncovering significant concerns regarding lending practices. This examination has highlighted issues such as exorbitant establishment fees and a troubling rate of early loan defaults, raising questions about the adequacy of current lending standards. - read more |
| RBA Maintains Cash Rate at 4.35% in June 2026 Decision 11 Jun 2026: Paige Estritori In its June 2026 meeting, the Reserve Bank of Australia (RBA) decided to hold the cash rate steady at 4.35%. This unanimous decision reflects the central bank's cautious approach amid ongoing economic uncertainties and inflationary pressures. - read more |
| EOFY 2026: Unmissable Ute Deals and Tax Insights 11 Jun 2026: Paige Estritori As the end of the financial year (EOFY) approaches, Australian car buyers have a unique opportunity to take advantage of significant discounts and tax benefits on utes. Several manufacturers are offering compelling deals, making it an ideal time to consider a new vehicle purchase. - read more |
| Australia's Marine Industry Grapples with Skilled Labour Shortages 11 Jun 2026: Paige Estritori The Australian marine industry is currently facing a significant challenge due to a critical shortage of skilled labour. According to the 2026 National Jobs & Skills Survey conducted by the Boating Industry Association (BIA), over 90% of businesses within the sector have expressed deep concern about the lack of qualified personnel. This shortage is not only affecting daily operations but also having a tangible impact on the financial performance of marine businesses across the country. - read more |
| Boating Industry Association of Victoria Hosts Economic Update Webinar 11 Jun 2026: Paige Estritori The Boating Industry Association of Victoria (BIAV) is set to host a pivotal webinar titled 'Federal Budget & Marine Industry Economic Update' on Thursday, 11 June 2026. This online event aims to provide marine businesses with a comprehensive understanding of the current economic landscape and its implications for the sector. - read more |
| ASMEX 2026: A Celebration of Marine Industry Excellence 11 Jun 2026: Paige Estritori The Australian Superyacht, Commercial Marine, and Export Conference (ASMEX) 2026 recently concluded at The Langham Gold Coast, marking its fifteenth year as a cornerstone event for the nation's marine industry. Held on 19 and 20 May 2026, the conference brought together industry leaders, innovators, and professionals to celebrate achievements, share insights, and honour top performers. - read more |
| ASIC Calls for Improved Consumer Safeguards in Car Finance Sector 11 Jun 2026: Paige Estritori The Australian Securities and Investments Commission (ASIC) has conducted a comprehensive review of the motor vehicle finance sector, uncovering significant deficiencies in lenders' oversight of car finance distributors. This examination has revealed problematic sales tactics and a lack of regular audits and checks by lenders, raising concerns about consumer protection within the industry. - read more |
| Australia's Digital Finance Shift Transforms Car Buying Experience 11 Jun 2026: Paige Estritori Australia's transition to digital finance is significantly altering the car buying landscape, providing consumers with faster approvals and greater convenience. As more financial transactions move online, car buyers are increasingly expecting the same efficiency and transparency in vehicle financing as they experience with everyday banking services. - read more |
| Vessev's Electric Hydrofoiling Vessels Set to Transform Swan River Transport 10 Jun 2026: Paige Estritori New Zealand-based company Vessev is set to revolutionise water transport in Western Australia by introducing a fleet of electric hydrofoiling vessels on Perth's Swan River. In partnership with the ENAUTIC Group, Vessev aims to provide a sustainable and efficient solution to the region's transportation needs. - read more |
| ACCC Halts BRP's Sale of Telwater to Yamaha 10 Jun 2026: Paige Estritori The Australian Competition and Consumer Commission (ACCC) has recently blocked the proposed sale of Telwater Pty Ltd., one of Australia's largest aluminium boat manufacturers, from BRP Inc. to Yamaha Motor Australia. This decision ensures that Telwater remains under BRP's ownership for the foreseeable future. - read more |
| Macquarie and ANZ Reduce Fixed Home Loan Rates 10 Jun 2026: Paige Estritori In a notable development within the Australian mortgage market, Macquarie Bank and ANZ have recently reduced their fixed home loan interest rates. This move suggests a potential peak in the current interest rate cycle, offering a glimmer of relief to borrowers amidst a period of economic uncertainty. - read more |
| Decline in Australian Home Loan Approvals Following Rate Increases 10 Jun 2026: Paige Estritori The Australian Bureau of Statistics (ABS) has reported a 6.2% decline in new home loan approvals for the first quarter of 2026. This downturn is largely attributed to the recent series of interest rate hikes implemented by the Reserve Bank of Australia (RBA) in an effort to control rising inflation. - read more |
| Australian Consumer Sentiment Declines Amid Economic Uncertainty 10 Jun 2026: Paige Estritori The Westpac-Melbourne Institute Consumer Sentiment Index has recorded a 2.9% decline in June 2026, bringing the index down to 80.6. This marks a continuation of the deep pessimism among Australian consumers, influenced by ongoing economic uncertainties and recent monetary policy decisions. - read more |
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| RBA Maintains Cash Rate at 4.35% Amid Economic Uncertainty 10 Jun 2026: Paige Estritori The Reserve Bank of Australia (RBA) has decided to keep the cash rate steady at 4.35% during its June 2026 meeting, marking a pause in the recent series of rate hikes. This decision reflects the central bank's cautious approach as it assesses the current economic landscape and monitors inflationary pressures. - read more |
| EOFY Planning: Strategizing Asset Purchases Amid Tax Changes 10 Jun 2026: Paige Estritori As the end of the financial year (EOFY) approaches, Australian businesses are presented with a unique opportunity to optimize their tax positions through strategic asset purchases. The recent federal budget has made the $20,000 instant asset write-off a permanent fixture from 1 July 2026, prompting businesses to carefully consider the timing of their investments. - read more |
| Interest Rate Increases: Challenges for First Home Buyers in 2026 10 Jun 2026: Paige Estritori Recent interest rate hikes by the Reserve Bank of Australia (RBA) have introduced new challenges for first home buyers, affecting borrowing capacity and market confidence. - read more |
| Surge in Personal Loans as Australians Grapple with Rising Living Costs 09 Jun 2026: Paige Estritori In the first quarter of 2026, Australians have borrowed a record $5.1 billion in personal loans, according to the Australian Bureau of Statistics. This significant increase reflects the mounting financial pressures faced by households due to escalating living costs. - read more |
| Australian Government Fast-Tracks $6.15 Billion to Bolster Business Resilience 09 Jun 2026: Paige Estritori In response to ongoing global disruptions affecting local industries, the Australian government has expedited the release of $6.15 billion in concessional capital to support businesses. This initiative aims to protect manufacturing and supply chain enterprises from market volatility and to encourage investments in production capacity and decarbonisation efforts. - read more |
| Plenti Group Achieves Record Profit Growth in FY26 09 Jun 2026: Paige Estritori Plenti Group Limited has reported a remarkable 117% increase in Cash Profit Before Tax (PBT), reaching $30.8 million for the financial year ending 31 March 2026. This substantial growth underscores the company's successful execution of its strategic objectives and the robustness of its digital lending platform. - read more |
| Record High Personal Loan Borrowing Amidst Rising Living Costs in Australia 09 Jun 2026: Paige Estritori In the first quarter of 2026, Australians have borrowed a record $5.1 billion in personal loans, as reported by the Australian Bureau of Statistics. This significant increase reflects the mounting financial pressures faced by individuals due to escalating living costs. - read more |
| Latitude Financial Penalised for Breaching Australian Spam Regulations 09 Jun 2026: Paige Estritori Latitude Financial, Australia's largest non-bank consumer finance company, has been fined $3.96 million by the Australian Communications and Media Authority (ACMA) for violating spam laws. The company sent over 2.3 million marketing messages between March 2024 and April 2025 without accurate contact information, and nearly 345,000 of these lacked a functional unsubscribe option. - read more |
| RBA Holds Cash Rate at 4.35% Amid Economic Uncertainty 09 Jun 2026: Paige Estritori The Reserve Bank of Australia (RBA) has decided to maintain the official cash rate at 4.35% during its June 2026 meeting. This decision comes amidst a backdrop of slowing economic growth and persistent inflationary pressures. - read more |
| APRA Evaluates 3% Serviceability Buffer Following Industry Consultation 09 Jun 2026: Paige Estritori The Australian Prudential Regulation Authority (APRA) is currently reviewing the 3% serviceability buffer applied to mortgage lending, following a consultation period that concluded in early June 2026. This buffer requires lenders to assess borrowers' ability to repay loans at an interest rate 3% higher than the current rate, aiming to ensure financial resilience among borrowers. - read more |
| Liberty Financial Achieves Record SME and SMSF Lending Amid Residential Loan Decline 09 Jun 2026: Paige Estritori Liberty Financial Group has reported record lending volumes in the Small and Medium-sized Enterprise (SME) and Self-Managed Super Fund (SMSF) sectors for the first half of the 2026 financial year. This achievement has helped offset a decline in the company's residential loan portfolio. - read more |
| RIC's New Financial Support for Australia's Primary Producers 09 Jun 2026: Paige Estritori The Regional Investment Corporation (RIC) has announced the introduction of two new low-interest loan products aimed at supporting Australian farmers and fishers grappling with the adverse effects of drought and harmful algal blooms. This initiative reflects the government's commitment to bolstering the resilience of the nation's primary producers in the face of environmental challenges. - read more |
| Dashdot's Sudden Collapse: Impact on Australian Property Investors 09 Jun 2026: Paige Estritori In a significant development within Australia's property investment sector, buyer's agency Dashdot has collapsed, leaving hundreds of clients financially impacted. This event has raised serious concerns about the practices and stability of buyer's agencies operating in the country. - read more |
| AFIA Endorses Federal Budget's Commitment to SME Support 09 Jun 2026: Paige Estritori The Australian Finance Industry Association (AFIA) has expressed strong support for the Federal Budget's emphasis on small and medium-sized enterprise (SME) support, regulatory reform, and economic resilience. This endorsement highlights the critical role of SMEs in Australia's economy and the necessity for policies that foster their growth and sustainability. - read more |
| Pioneering Australia's First Fully Electric Passenger Ferry 09 Jun 2026: Paige Estritori In a groundbreaking development for Australia's marine industry, Aus Ships and Volvo Penta have announced their collaboration to construct the nation's first fully electric passenger ferry. This initiative signifies a major advancement in sustainable marine transportation, aligning with global efforts to reduce carbon emissions and promote eco-friendly alternatives. - read more |
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| Pioneering Australia's First Fully Electric Passenger Ferry 09 Jun 2026: Paige Estritori In a groundbreaking development for Australia's marine industry, Aus Ships and Volvo Penta have announced their collaboration to construct the nation's first fully electric passenger ferry. This initiative signifies a major advancement in sustainable marine transportation, aligning with global efforts to reduce carbon emissions and promote eco-friendly alternatives. - read more |
| Non-Bank Lenders Advocate for Inclusion in Economic Resilience Program 09 Jun 2026: Paige Estritori Non-bank lenders are urging the Australian government to include them in the $1 billion Economic Resilience Program, emphasizing their crucial role in providing financing to small and medium-sized enterprises (SMEs). This program aims to bolster businesses affected by economic challenges, and non-bank lenders argue that their participation would enhance the program's effectiveness. - read more |
| Brokers Adapt Strategies Amid Shifting Commercial Finance Landscape 09 Jun 2026: Paige Estritori As the commercial finance landscape in Australia undergoes significant changes, brokers are adapting their strategies to better serve small and medium-sized enterprises (SMEs). Rising costs, regulatory shifts, and evolving economic conditions are prompting brokers to refine their approaches to meet the diverse financing needs of businesses. - read more |
| Sherco's Competitive Finance Rates for 2026 Two-Stroke Factory Models 09 Jun 2026: Paige Estritori Sherco Australia has unveiled an enticing finance promotion aimed at making their 2026 two-stroke Factory range more accessible to riders. This initiative offers low-interest rates on select models, providing an excellent opportunity for enthusiasts to own a new Sherco motorcycle. - read more |
| Yamaha's Limited-Time 2.99% Finance Offer on 2026 Road Bikes 09 Jun 2026: Paige Estritori Yamaha Motor Australia has launched a compelling finance offer, providing a 2.99% per annum comparison rate on select 2026 and earlier road bike models. This limited-time promotion aims to make Yamaha's popular motorcycles more accessible to a broader range of riders. - read more |
| Wisr Expands Vehicle Finance with Secured Motorbike Loans 09 Jun 2026: Paige Estritori Australian fintech lender Wisr has broadened its vehicle finance portfolio by introducing secured motorbike loans, now available through its broker network. This strategic move aims to cater to the growing demand for flexible and accessible motorcycle financing options. - read more |
| APRA Emphasizes Financial System Strength Amid Emerging Challenges 09 Jun 2026: Paige Estritori In a recent address to the Senate Economics Legislation Committee, the Australian Prudential Regulation Authority (APRA) reaffirmed the robustness of Australia's financial system, while also drawing attention to emerging risks that could impact its stability. - read more |
| Australia's Trade Balance Turns Negative for First Time Since 2017 09 Jun 2026: Paige Estritori Australia has recorded its first trade deficit since 2017, with the Australian Bureau of Statistics (ABS) reporting a $27.1 billion shortfall in the March quarter of 2026. This development marks a significant shift in the nation's trade dynamics and warrants a closer examination of the contributing factors. - read more |
| Pioneering All-Electric Freight Delivery in Australia 08 Jun 2026: Paige Estritori In a significant advancement for Australia's logistics sector, New Energy Transport has successfully completed the nation's first all-electric heavy road freight delivery. This landmark journey involved transporting goods from Sydney to Canberra using a fully electric prime mover, marking a pivotal step towards sustainable freight operations. - read more |
| Driving the Future: CEFC and Volvo's $70 Million Electric Truck Initiative 08 Jun 2026: Paige Estritori In a concerted effort to expedite the adoption of electric trucks in Australia, the Clean Energy Finance Corporation (CEFC) has partnered with Volvo Group Australia to introduce a $70 million financing package. This initiative is designed to address the financial barriers associated with transitioning to battery electric trucks (BETs), thereby promoting sustainable practices within the transport sector. - read more |
| Revolutionising Truck Financing: Permanent Instant Asset Write-Off 08 Jun 2026: Paige Estritori The Australian government's decision to make the $20,000 instant asset write-off permanent has significant implications for businesses, particularly those in the trucking industry. This policy change eliminates the traditional end-of-financial-year (EOFY) rush to purchase assets, allowing for more strategic and flexible financial planning. - read more |
| Tesla Model Y Tops Australian Sales Charts Amidst Surge in EV Adoption 07 Jun 2026: Paige Estritori In a landmark development for Australia's automotive industry, electric vehicles (EVs) have achieved a significant milestone, accounting for 29.6% of new car sales in May 2026. This surge underscores the nation's accelerating shift towards sustainable transportation. - read more |
| Subaru Launches Uncharted Electric SUV in Australia 07 Jun 2026: Paige Estritori Subaru Australia has expanded its electric vehicle lineup with the introduction of the Uncharted, a compact electric SUV priced at $59,990 plus on-road costs. This new model aims to provide an affordable yet high-performing option for Australian consumers seeking sustainable transportation solutions. - read more |
| BMW Launches iX3 40 Electric SUV in Australia 07 Jun 2026: Paige Estritori BMW Australia has expanded its electric vehicle portfolio with the introduction of the iX3 40, a luxury electric SUV priced at $89,900 plus on-road costs. This strategic pricing places the iX3 40 below the Luxury Car Tax threshold, making it an attractive option for consumers seeking premium electric mobility. - read more |
| Introducing the KGM Torres EVX: A New Contender in Australia's Electric SUV Market 07 Jun 2026: Paige Estritori The Australian electric vehicle (EV) landscape is set to expand with the arrival of the KGM Torres EVX, a mid-size electric SUV poised to challenge established players like the Tesla Model Y and Kia EV5. Priced from $58,000 drive-away, the Torres EVX offers a compelling blend of performance, range, and features tailored for the environmentally conscious Australian driver. - read more |
| MG Motor Expands EV Portfolio with U9 EV and MGS6 EV Debuts 07 Jun 2026: Paige Estritori MG Motor Australia has made a significant statement at the 2026 Melbourne Motor Show by unveiling two new electric vehicles (EVs): the U9 EV, an electric ute, and the MGS6 EV, a mid-size electric SUV. These additions underscore MG's commitment to expanding its EV offerings and catering to the diverse preferences of Australian consumers. - read more |
| Subaru Makes Electric SUVs More Accessible with Price Reductions 07 Jun 2026: Paige Estritori In a strategic move to enhance the affordability of its electric vehicle (EV) offerings, Subaru Australia has announced significant price reductions for its Solterra and Trailseeker electric SUVs. Effective from May 14, 2026, the Solterra's price has been reduced by $2,000, bringing it to $61,990 plus on-road costs, while the Trailseeker sees a $4,000 reduction, now priced at $63,990 plus on-road costs. - read more |
| New Partnership Offers Affordable Financing for Hyundai and Kia Electric Vehicles 07 Jun 2026: Paige Estritori The Clean Energy Finance Corporation (CEFC) has partnered with Hyundai Capital Australia to offer discounted financing options for eligible Hyundai and Kia electric vehicles (EVs). This initiative aims to make EV ownership more accessible by reducing the financial barriers associated with purchasing new, fully electric vehicles priced below the luxury car tax threshold of $91,387. - read more |
| Macquarie Bank's Strategic Embrace of Mortgage Brokers Fuels 28% Growth 07 Jun 2026: Paige Estritori In a notable departure from the trend among major Australian banks, Macquarie Bank has significantly expanded its home loan portfolio by leveraging mortgage broker partnerships. As of 31 March 2026, the bank's mortgage book reached $181.3 billion, marking a 28% increase from the previous year. Remarkably, over 95% of these new loans were originated through mortgage brokers. - read more |
| OnDeck Australia Boosts Lightning Loans Plus Cap to $300,000 06 Jun 2026: Paige Estritori In response to escalating demand from small and medium-sized enterprises (SMEs), OnDeck Australia has elevated the maximum limit on its Lightning Loans Plus product to $300,000. This strategic enhancement aims to furnish SMEs with expedited access to more substantial unsecured loans, thereby facilitating their growth and operational needs. - read more |
| AFIA and Government Unite to Aid SMEs During Fuel Crisis 06 Jun 2026: Paige Estritori The Australian Finance Industry Association (AFIA) has announced a partnership with the Australian government to provide support to small and medium-sized enterprises (SMEs) impacted by global fuel market disruptions. This collaboration aims to address the financial challenges faced by businesses due to rising fuel costs and supply chain issues. - read more |
| Firstmac Introduces Flexible and Competitive Caravan Loan Options 06 Jun 2026: Paige Estritori In response to the growing demand for lifestyle financing, non-bank lender Firstmac has unveiled its inaugural secured caravan loan, providing Australian homeowners with a competitive and flexible financing option for purchasing or refinancing new or used caravans. This strategic move aims to capture the increasing market of Australians seeking affordable caravan financing solutions. - read more |
| Heartland Bank Reduces Reverse Mortgage Rates Despite RBA Increase 06 Jun 2026: Paige Estritori In a notable move within the Australian financial sector, Heartland Bank has announced a reduction in its advertised interest rates for new reverse mortgage customers. This decision comes in contrast to the Reserve Bank of Australia's (RBA) recent 25 basis point increase in the cash rate, highlighting Heartland Bank's commitment to supporting retirees during economic fluctuations. - read more |
| AMP Bank Reintroduces SuperEdge Loans for SMSF Property Investment 06 Jun 2026: Paige Estritori After a seven-year absence, AMP Bank has announced the reintroduction of its SuperEdge loan product, marking a significant return to the Self-Managed Super Fund (SMSF) lending market. This strategic move aims to provide SMSFs with enhanced opportunities for property investment, reflecting AMP's commitment to diversifying its lending portfolio and supporting investors. - read more |
| Australian Credit Card Debt Climbs to $18.3 Billion: What You Need to Know 05 Jun 2026: Paige Estritori Recent data reveals that Australian credit card debt accruing interest has reached $18.3 billion, marking a significant increase and underscoring the financial pressures many households are facing. This rise is particularly concerning as it coincides with elevated interest rates, making debt management more challenging for consumers. - read more |
| Toyota Boosts Australian Supply with 10,000 Extra Vehicles in 2026 05 Jun 2026: Paige Estritori In a strategic move to address growing consumer demand and intensifying competition, Toyota Australia has secured an additional 10,000 vehicles for the 2026 market. This increase elevates the company's full-year sales forecast to 220,000 units, with popular models such as the RAV4, HiLux, and the all-electric bZ4X set to benefit from the expanded supply. - read more |
| Money3 Penalised $1.55 Million for Responsible Lending Violations 05 Jun 2026: Paige Estritori In a significant ruling, the Federal Court has ordered Money3 Loans Pty Ltd to pay penalties totaling $1.55 million for breaching responsible lending obligations in the provision of car finance to vulnerable consumers. This decision underscores the critical importance of adhering to responsible lending practices within the financial services industry. - read more |
| Electric Vehicles Capture 20% of Australian New Car Sales in May 2026 05 Jun 2026: Paige Estritori In May 2026, electric vehicles (EVs) achieved a significant milestone in the Australian automotive market, accounting for 20% of all new car sales. This development underscores a rapid shift in consumer preferences towards more sustainable transportation options. - read more |
| Australia's Marine Sector Grapples with Skilled Labour Deficit 05 Jun 2026: Paige Estritori The Australian marine industry is currently confronting a significant challenge: a critical shortage of skilled labour. According to the 2026 National Jobs & Skills Survey conducted by the Boating Industry Association (BIA), over 90% of marine businesses express deep concern about the lack of qualified personnel. This shortage is not merely an administrative issue; it directly affects operational capacities and financial performance across the sector. - read more |
| Zenobē's $100 Million Boost to Australia's Electric Truck Fleet 05 Jun 2026: Paige Estritori In a significant move towards sustainable transportation, UK-based electric fleet leasing company Zenobē has announced a $100 million investment aimed at doubling Australia's electric truck fleet by the end of 2026. This initiative is set to increase the number of heavy-duty electric trucks from the current 1,000 to 2,000 units, marking a substantial advancement in the nation's shift towards greener logistics. - read more |
| Permanent $20,000 Asset Write-Off: What It Means for Owner-Drivers 05 Jun 2026: Paige Estritori The 2026-27 Federal Budget has introduced a significant change for owner-drivers and small fleet operators by making the $20,000 instant asset write-off permanent. This development alters the traditional end-of-financial-year (EOFY) rush to purchase assets, providing greater flexibility in financial planning and asset acquisition. - read more |
| Electric Trucks: Australia's Response to the Fuel Crisis 05 Jun 2026: Paige Estritori As fuel prices continue to escalate, Australian businesses are increasingly turning to electric trucks as a viable and sustainable alternative for freight operations. This shift is driven by the need to mitigate rising operational costs and reduce environmental impact. - read more |
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| RBA Holds Cash Rate at 4.35% Amid Economic Uncertainty 05 Jun 2026: Paige Estritori The Reserve Bank of Australia (RBA) has decided to maintain the official cash rate at 4.35% during its June 2026 meeting. This decision reflects the central bank's cautious approach in response to ongoing economic uncertainties and inflationary pressures. - read more |
| ANZ Achieves Leading Growth in Business Lending Among Major Banks 05 Jun 2026: Paige Estritori In April 2026, ANZ Bank reported a significant increase in its business lending portfolio, outpacing other major Australian banks. The portfolio grew by $1.9 billion, reaching a total of $152.9 billion. This 1.24% monthly growth underscores ANZ's commitment to supporting Australian businesses. - read more |
| New Partnership Unlocks Financing for Indigenous Businesses 05 Jun 2026: Paige Estritori Indigenous Business Australia (IBA) and the National Australia Bank (NAB) have announced a partnership aimed at improving access to financing for Indigenous-owned businesses. This collaboration introduces a new guarantee program designed to assist Indigenous entrepreneurs in overcoming traditional lending barriers. - read more |
| Essential Caravans Steps In to Revive Zone RV Operations 05 Jun 2026: Paige Estritori In a significant development within the Australian caravan industry, Melbourne-based Essential Caravans has acquired the assets of the recently collapsed luxury caravan manufacturer, Zone RV. This acquisition comes after Zone RV entered administration in December 2025, leaving creditors owed approximately $42 million and numerous customers in financial distress. - read more |
| MONEYME's Exclusive Deal with Snowy River: Instant Caravan Financing 05 Jun 2026: Paige Estritori Digital lender MONEYME has entered into an exclusive 12-month partnership with Snowy River Caravans, one of Australia's rapidly growing luxury caravan manufacturers. This collaboration introduces direct-to-consumer financing through MONEYME's secured vehicle loan product, Autopay, streamlining the caravan purchasing process. - read more |
| Navigating Cosmetic Surgery Financing: A Comprehensive Guide for Australians 05 Jun 2026: Paige Estritori Undergoing cosmetic surgery can be a transformative experience, but the associated costs often pose a significant financial challenge. In Australia, individuals have several financing options to consider, each with its own advantages and drawbacks. Understanding these options is crucial for making informed decisions that align with both aesthetic goals and financial well-being. - read more |
| Regulatory Concerns Rise Over 'Buy Now, Pay Later' Schemes in Cosmetic Clinics 05 Jun 2026: Paige Estritori Australian cosmetic clinics are increasingly promoting 'buy now, pay later' (BNPL) schemes to attract clients seeking immediate access to elective procedures without upfront payments. This trend has prompted health authorities and consumer advocates to scrutinize the use of unregulated credit services in the cosmetic industry, raising concerns about potential financial risks and the circumvention of medical financing regulations. - read more |
| ASIC Investigates Private Lending Sector Amid Rapid Expansion 04 Jun 2026: Paige Estritori The Australian Securities and Investments Commission (ASIC) has recently conducted a comprehensive review of the private lending sector, revealing significant inconsistencies and potential risks. This scrutiny comes in response to the sector's rapid expansion, with private credit extending approximately $200 billion in loans, primarily to high-risk real estate developers and property investors. - read more |
| ASIC Halts City Finance Lending's Small Amount Credit Contracts 04 Jun 2026: Paige Estritori The Australian Securities and Investments Commission (ASIC) has recently issued an interim stop order against City Finance Lending Pty Ltd, preventing the company from issuing its small amount credit contracts (SACCs) to retail clients. This action was taken due to deficiencies identified in the company's target market determination (TMD), raising concerns about the suitability of these products for consumers. - read more |
| Cigno Australia and BSF Solutions Penalised $7 Million for Unlawful Lending Practices 04 Jun 2026: Paige Estritori The Australian Securities and Investments Commission (ASIC) has recently imposed significant penalties on Cigno Australia and BSF Solutions, along with their respective directors, for operating an illegal payday lending scheme. The Federal Court has ordered each company to pay $3 million, with additional fines of $500,000 levied against directors Mark Swanepoel and Brenton Harrison. This enforcement action underscores ASIC's commitment to protecting consumers from predatory lending practices. - read more |
| Cigno Australia and BSF Solutions Penalised for Unlawful Payday Lending Practices 04 Jun 2026: Paige Estritori In a significant ruling, the Federal Court has imposed a $7 million fine on Cigno Australia and BSF Solutions for operating an illegal payday lending scheme that contravened Australian credit laws. This decision underscores the Australian Securities and Investments Commission's (ASIC) commitment to safeguarding consumers from predatory financial practices. - read more |
| Macquarie Bank Achieves 28% Growth in Mortgage Portfolio Through Broker Partnerships 04 Jun 2026: Paige Estritori Macquarie Bank has reported a remarkable 28% increase in its home loan portfolio, reaching $181.3 billion as of 31 March 2026. This substantial growth is primarily attributed to the bank's strategic focus on the mortgage broker channel, with over 95% of new loans being originated through brokers. - read more |
| RBA Holds Cash Rate at 4.35%: Implications for Caravan Financing 04 Jun 2026: Paige Estritori The Reserve Bank of Australia (RBA) has announced its decision to maintain the cash rate at 4.35% during its June 2026 meeting. This decision comes amid ongoing economic uncertainties and aims to balance inflation control with economic growth. - read more |
| 2026 Caravan Industry National Conference Breaks Attendance Records 04 Jun 2026: Paige Estritori The 2026 Caravan Industry National Conference, held on the Gold Coast, has set a new benchmark with over 1,150 delegates and 140 exhibitors in attendance. This record turnout underscores the robust growth and optimism within Australia's caravan and camping sector. - read more |
| Electric Vehicle Financing Defies Market Trends with 48% Growth 04 Jun 2026: Paige Estritori In a remarkable development, electric vehicle (EV) financing in Australia has experienced a 48% year-on-year increase, even as the overall motor finance market saw a 3% decline. This data, released by the Australian Finance Industry Association (AFIA), underscores a significant shift in consumer preferences towards sustainable transportation options. - read more |
| Understanding the Impact of RBA's Rate Hikes on Your Borrowing Power 04 Jun 2026: Paige Estritori The Reserve Bank of Australia (RBA) has implemented three consecutive rate hikes in 2026, bringing the official cash rate to 4.35%. With the next RBA board meeting scheduled for 16 June, borrowers across Australia are keenly awaiting potential further changes and their implications. - read more |
| Electric Vehicles Capture 20% of Australian New Car Market in May 2026 04 Jun 2026: Paige Estritori In May 2026, electric vehicles (EVs) achieved a significant milestone in Australia, accounting for 20% of all new car sales. This marks a substantial increase from previous months and underscores a growing shift towards sustainable transportation options among Australian consumers. - read more |
| 2026 Subaru Solterra: More Range, Power, and Affordability 04 Jun 2026: Paige Estritori Subaru Australia has unveiled the 2026 Solterra, its updated electric SUV, featuring significant enhancements in range, power, and affordability. The new model is now available from $63,990 plus on-road costs, reflecting a substantial price reduction compared to its predecessor. - read more |
| Government Announces Reduction in EV Tax Incentives from 2027 04 Jun 2026: Paige Estritori The Australian government has announced plans to gradually reduce tax exemptions for electric vehicles (EVs) starting in April 2027. This decision comes in response to the escalating costs associated with the current incentive scheme, which have significantly exceeded initial projections. - read more |
| Whittley Marine Unveils CR 3100 OB at Sanctuary Cove 2026 04 Jun 2026: Paige Estritori Whittley Marine Group has introduced its latest innovation, the CR 3100 OB, at the 2026 Sanctuary Cove International Boat Show. This 31-foot trailerable sports cruiser is designed to offer the luxury of overnight accommodation combined with the practicality of trailerability, adhering to Australia's 2.5-metre maximum width regulations. - read more |
| DCH Marine Unveils Luxury Yacht Line-Up at Sanctuary Cove 2026 04 Jun 2026: Paige Estritori DCH Marine is set to make a significant impact at the 2026 Sanctuary Cove International Boat Show by showcasing an impressive array of luxury yachts. As the exclusive Asia-Pacific distributor for Sunseeker and Saxdor Yachts, DCH Marine will present models such as the Sunseeker 76 Yacht, Sunseeker Superhawk 55, and the Australian debut of the Saxdor 400 GTS. - read more |
| Eyachts Unveils Exciting Line-Up at Sanctuary Cove 2026 04 Jun 2026: Paige Estritori Eyachts is set to present its most diverse and exciting lineup to date at the 2026 Sanctuary Cove International Boat Show. The showcase will feature the Australian premiere of the Axopar 45 Cross Top, Axopar 38 Cross Cabin, and Axopar 29 CCX, alongside an impressive selection of adventure boats, hybrid cruisers, and luxury day yachts ranging from 29 to 45 feet. - read more |
| Surge in Electric Vehicle Financing as Australians Seek Relief from Fuel Costs 04 Jun 2026: Paige Estritori As fuel prices continue to escalate, Australians are increasingly turning to electric vehicles (EVs) as a cost-effective alternative, leading to a notable surge in EV financing. Major banks, including National Australia Bank (NAB) and Commonwealth Bank of Australia (CommBank), have reported significant increases in EV loan applications, reflecting a growing consumer shift towards sustainable transportation. - read more |
| Chinese Car Brands Intensify EOFY Sales with Attractive Incentives 04 Jun 2026: Paige Estritori As the end of the financial year (EOFY) approaches, Chinese car manufacturers are rolling out aggressive sales strategies to capture a larger share of the Australian market. Brands such as Geely, Omoda-Jaecoo, and JAC Motors are offering a range of incentives, including low finance rates, cashback deals, and fuel vouchers, to attract both private buyers and commercial operators. - read more |
| ATSB Releases Preliminary Findings on RSV Nuyina Grounding 03 Jun 2026: Paige Estritori The Australian Transport Safety Bureau (ATSB) has released a preliminary report detailing the circumstances surrounding the grounding of the Australian Antarctic Division's research vessel, RSV Nuyina, off Heard Island on October 13, 2025. The incident occurred during drone survey operations near uncharted sea floor areas. - read more |
| WA Government Approves Cockatoo Island Aviation and Marine Hub 03 Jun 2026: Paige Estritori The Western Australian government has granted final approval for the construction of a $300 million aviation and marine hub on Cockatoo Island, located in the Buccaneer Archipelago, approximately 130 kilometres north of Derby. The project, spearheaded by privately owned company Crestlink, aims to establish a comprehensive logistics hub to service the offshore oil and gas industry. - read more |
| Stability in Australia's Motorcycle Market Amid Economic Pressures 03 Jun 2026: Paige Estritori The Australian motorcycle market has exhibited remarkable resilience in 2025, recording a modest 1.3% decline in total sales compared to the previous year. According to data from the Federal Chamber of Automotive Industries (FCAI), 92,967 motorcycles and off-highway vehicles were sold across the country during this period. - read more |
| Ocius to Deliver Fleet of Bluebottle Uncrewed Surface Vessels 03 Jun 2026: Paige Estritori The Australian Government has committed $176 million to acquire a fleet of Australian-designed and built Bluebottle uncrewed surface vessels (USVs) from Ocius Technology. This investment aims to bolster the Royal Australian Navy's undersea warfare capabilities by providing persistent, long-range intelligence, surveillance, and reconnaissance (ISR) operations. - read more |
| Queensland Trawlers to Implement Mandatory Electronic Monitoring 03 Jun 2026: Paige Estritori The Queensland Government has announced a mandatory rollout of electronic camera monitoring systems on 90% of trawlers operating within the Great Barrier Reef Marine Park. This initiative aims to monitor and reduce the bycatch of endangered species, ensuring sustainable fishing practices in one of the world's most vital marine ecosystems. - read more |
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| Zenobē's $100 Million Boost to Australia's Electric Truck Fleet 01 Jun 2026: Paige Estritori UK-based electric fleet leasing company Zenobē has announced a substantial investment of $100 million AUD aimed at accelerating the adoption of electric trucks across Australia. This initiative seeks to more than double the current number of electric trucks in the country, increasing the fleet from approximately 1,000 to 2,000 by the end of 2026. - read more |
| NewVolt's $25.3 Million Investment in Melbourne's Electric Truck Charging Infrastructure 01 Jun 2026: Paige Estritori NewVolt, with backing from the Australian Renewable Energy Agency (ARENA), has announced a $25.3 million investment to develop three open-access fast-charging hubs for electric trucks across Melbourne. This initiative aims to address one of the critical barriers to electric truck adoption: the availability of reliable and efficient charging infrastructure. - read more |
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