CAR LOANS
Welcome to Car Loans Australia! Dive into the most recent and insightful financial news stories.
Explore full articles effortlessly by clicking on the headlines.
| Beware: Scammers Posing as ASIC to Extract Payments 09 Nov 2025: Paige Estritori The Australian Securities and Investments Commission (ASIC) has issued a warning to the public regarding a surge in scams where fraudsters impersonate the commission. These scammers are contacting individuals via emails and text messages, falsely claiming that a payment is required to release funds or assets. - read more |
| LMG's Asset Finance Exchange Marks $80 Million in Settlements in First Year 09 Nov 2025: Paige Estritori Loan Market Group's (LMG) Asset Finance Exchange (AFX) has reported an impressive $80 million in settlements during its first year of operation, underscoring the rapid growth and significance of the asset finance sector in Australia. This achievement highlights the increasing reliance on asset finance solutions by businesses and individuals seeking flexible funding options. - read more |
| Private Lending Expansion Opens New Avenues for Australian Brokers 09 Nov 2025: Paige Estritori Australia's private lending sector is experiencing rapid growth, offering brokers new opportunities to connect clients with flexible funding solutions. This expansion is driven by small and medium-sized enterprises (SMEs) seeking alternatives to traditional bank financing, especially as banks tighten lending criteria. - read more |
| Macquarie Bank's Lending Policy Shift: Implications for Brokers and Clients 09 Nov 2025: Paige Estritori Macquarie Bank has announced a pause on new lending to trusts and companies, a move that is prompting brokers to reassess their strategies and adapt to changing lending policies. Effective from 30 October 2025, the bank will no longer accept new home loan applications where the borrower is a trust or company. - read more |
| Crusader Caravans and BIG4 Holiday Parks Join Forces to Enhance Caravanning Adventures 09 Nov 2025: Paige Estritori In an exciting development for Australian caravan enthusiasts, Crusader Caravans has announced a strategic partnership with BIG4 Holiday Parks. This collaboration aims to provide new caravan owners with exclusive benefits, enriching their travel experiences across the country. - read more |
| Australian Caravan Parks Experience Growth Amid Economic Uncertainty 09 Nov 2025: Paige Estritori Recent data indicates a notable increase in occupancy rates across Australian caravan parks, showcasing the sector's resilience in the face of economic challenges. In October 2025, cabin occupancy nationwide rose to 69%, a four-point increase from the previous year. Powered sites saw a three-point rise to 52%, while unpowered sites reached 22% occupancy. - read more |
| 'Caravan to a Million' Promotion Returns to Boost Caravan Industry Engagement 09 Nov 2025: Paige Estritori The highly anticipated 'Caravan to a Million' promotion is set to return in 2025, aiming to increase consumer engagement with the Australian caravan industry. Developed by the Caravan Industry Association of Australia and supported by state trade associations, the promotion offers participants a chance to win a grand prize of $1 million. - read more |
| ANZ Bank's $160 Million Fine Highlights Regulatory Compliance Failures 09 Nov 2025: Paige Estritori In a landmark decision, ANZ Bank has agreed to pay a record-breaking A$240 million (approximately US$160 million) fine for a series of serious regulatory breaches. This penalty underscores the growing emphasis on compliance and accountability within Australia's financial sector. - read more |
| Australia's Electric Vehicle Financing Hits $6 Billion Milestone in 2024 09 Nov 2025: Paige Estritori In 2024, Australia witnessed a remarkable surge in electric and hybrid vehicle financing, with total loans reaching $6.17 billion—a 50% increase from the previous year. This substantial growth underscores a nationwide shift towards more sustainable transportation options. - read more |
| Australian Housing Market Experiences Significant Price Surge 08 Nov 2025: Paige Estritori In October 2025, Australia's housing market witnessed its most substantial price surge in over two years. This remarkable growth is primarily attributed to recent interest rate cuts implemented by the Reserve Bank of Australia (RBA) and supportive government policies aimed at stimulating the property sector. - read more |
| Reserve Bank of Australia Holds Cash Rate Steady Amid Inflation Worries 08 Nov 2025: Paige Estritori In its November 2025 meeting, the Reserve Bank of Australia (RBA) decided to keep the cash rate unchanged at 3.60%. This decision reflects the central bank's cautious approach in light of persistent inflationary pressures and a robust housing market. - read more |
| Pepper Money Engages in Acquisition Talks with Westpac Over Mortgage Broking Portfolio 08 Nov 2025: Paige Estritori In a significant development within Australia's financial sector, non-bank lender Pepper Money has entered preliminary discussions to acquire Westpac's mortgage broking portfolio. This move could have far-reaching implications for the home loan market, particularly for borrowers seeking competitive mortgage options. - read more |
| Australia's Marine Industry Surges to $229 Billion Economic Output 08 Nov 2025: Paige Estritori Australia's marine industry has demonstrated remarkable resilience and growth, achieving an economic output of $229 billion in 2023. This represents a 19% increase compared to two years prior, as reported by the Australian Institute of Marine Science (AIMS). The sector now supports 712,000 full-time equivalent jobs, marking a 52% rise in employment. - read more |
| Australia and Vanuatu Forge $325 Million Nakamal Agreement 08 Nov 2025: Paige Estritori In a significant move to bolster regional partnerships, Australia and Vanuatu have signed the Nakamal Agreement, a $325 million bilateral treaty aimed at enhancing economic, security, and cultural cooperation. Named after Vanuatu's traditional communal meeting place, the 'nakamal,' this agreement underscores the deepening ties between the two nations. - read more |
| Australia's $8 Billion Investment in Nuclear Submarine Shipyard 08 Nov 2025: Paige Estritori Australia has announced a substantial investment of $8 billion to establish new defense facilities in Western Australia, as part of its commitment to the AUKUS nuclear submarine deal. This initiative aims to enhance the nation's naval capabilities and strengthen its strategic position in the Indo-Pacific region. - read more |
| Suzuki Australia Enhances Motorcycle Financing Through New Partnership 08 Nov 2025: Paige Estritori Suzuki Motorcycles Australia has announced a strategic partnership with Pepper Asset Finance, aiming to provide customers with more flexible and accessible financing options for both new and used motorcycles. This collaboration is set to enhance the purchasing experience for Australian riders by offering tailored financial solutions. - read more |
| Australian Motorcycle Sales Experience Downturn in Early 2024 08 Nov 2025: Paige Estritori The Australian motorcycle industry has encountered a significant downturn, with sales dropping by 11% in the first quarter of 2024 compared to the same period in 2023. According to the Federal Chamber of Automotive Industries (FCAI), a total of 19,903 motorcycles and off-highway vehicles (OHVs) were sold between January and March 2024, highlighting the impact of economic challenges on consumer spending. - read more |
| Peter Stevens Motorcycles Faces Financial Crisis 08 Nov 2025: Paige Estritori 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. - read more |
| Westpac's Annual Profit Declines Amidst Mortgage Market Competition 06 Nov 2025: Paige Estritori Westpac Banking Corporation has reported a slight decrease in its annual profit, recording A$6.99 billion for the fiscal year ending September 30, 2025, down from A$7.11 billion the previous year. Despite this decline, the result surpassed analysts' expectations of A$6.83 billion. The bank attributes this dip to intensified competition within Australia's mortgage market and a marginal reduction in its net interest margin, which fell by 1 basis point to 1.94%. - read more |
| RBA Holds Cash Rate at 3.60% Amid Inflationary Pressures 06 Nov 2025: Paige Estritori The Reserve Bank of Australia (RBA) has decided to keep the official cash rate unchanged at 3.60% during its November meeting. This decision reflects the central bank's cautious approach in balancing inflation control with economic stability. Recent data indicates that the headline consumer price index (CPI) rose to 3.2% in September 2025, up from 2.1% in the June quarter, signaling persistent inflationary pressures. - read more |
| KTM's €600 Million Lifeline: A New Chapter for the Austrian Motorcycle Giant 06 Nov 2025: Paige Estritori In a significant development for the motorcycle industry, KTM AG has successfully secured €600 million in funding, enabling the company to fulfill its restructuring plan and stabilize its financial position. This funding comes at a crucial time, as KTM faced a severe financial crisis that led to self-administration and a comprehensive restructuring process. - read more |
| Peter Stevens Motorcycles Faces Uncertain Future Amid Voluntary Administration 06 Nov 2025: Paige Estritori Peter Stevens Motorcycles, a cornerstone of the Australian motorcycle retail industry, has entered voluntary administration, casting uncertainty over the future of the company and its approximately 400 employees. Founded in 1970 by the Chiodo family, the retailer expanded to 15 locations across Victoria, South Australia, New South Wales, and Western Australia, representing major brands such as Harley-Davidson, Ducati, and Triumph. - read more |
| Australian Motorcycle Market Sees 2.2% Decline in 2025; Scooters Buck the Trend 06 Nov 2025: Paige Estritori The Australian motorcycle market experienced a 2.2% decline in sales during the first nine months of 2025, according to data released by the Federal Chamber of Automotive Industries (FCAI). A total of 63,988 motorcycles were sold between January and September, down from 65,399 units in the same period of 2024. - read more |
| ASIC Highlights Compliance Concerns Among Payday Lenders 06 Nov 2025: Paige Estritori The Australian Securities and Investments Commission (ASIC) has recently conducted a comprehensive review into the practices of payday lenders, uncovering potential breaches of consumer protection laws. This scrutiny comes in the wake of reforms introduced under the Financial Service Reform Act 2022 (FSR Act), aimed at enhancing safeguards for consumers engaging with small amount credit contracts. - read more |
| Harmoney Introduces Tailored Small Personal Loans 06 Nov 2025: Paige Estritori Harmoney, a prominent Australian non-bank lender, has expanded its offerings to include small personal loans designed to meet the diverse needs of consumers. These loans range from $2,000 to $100,000, with interest rates starting from 5.76% per annum, tailored to each individual's credit profile. - read more |
| Swoosh Finance Delivers Quick Small Cash Loans Online 06 Nov 2025: Paige Estritori Swoosh Finance, an Australian online lender, is offering small cash loans ranging from $2,200 to $5,000, with a streamlined application process that can result in same-day approval. This service is designed to provide quick financial relief for individuals facing unexpected expenses or short-term cash flow challenges. - read more |
| RBA Holds Cash Rate at 3.60% in November 2025 06 Nov 2025: Paige Estritori The Reserve Bank of Australia (RBA) has decided to keep the official cash rate unchanged at 3.60% during its November 2025 meeting. This decision reflects the central bank's cautious approach in balancing inflation control with employment objectives. - read more |
| ANZ Revises RBA Rate Cut Forecast to February 2026 06 Nov 2025: Paige Estritori ANZ has adjusted its forecast regarding the Reserve Bank of Australia's (RBA) next cash rate cut, now anticipating the reduction to occur in February 2026. This revision aligns with similar adjustments by other major banks, reflecting a collective response to recent economic data and RBA communications. - read more |
| Australian Mortgage Brokers Anticipate Competitive Shifts in 2025 06 Nov 2025: Paige Estritori The Australian mortgage broking industry is poised for significant changes in 2025, with increased competition and evolving market dynamics shaping the landscape. Factors such as anticipated interest rate adjustments, a surge in refinancing activities, and the growing influence of digital marketing are key drivers of this transformation. - read more |
| AFIA Unveils New Code to Elevate Non-Bank Lending Standards 06 Nov 2025: Paige Estritori The Australian Finance Industry Association (AFIA) has recently introduced its Finance Industry Code of Practice, marking a significant advancement in the non-bank lending and specialist banking sectors. This pioneering initiative aims to establish a new standard for integrity, transparency, and fairness within the industry. - read more |
| Australia's Housing Boom: A Golden Opportunity for Mortgage Brokers 06 Nov 2025: Paige Estritori Australia is currently experiencing a housing 'super cycle,' characterised by a substantial increase in demand for new homes. This surge is driven by a chronic undersupply of housing, demographic shifts, and evolving lifestyle preferences. For mortgage brokers, this trend presents a unique opportunity to expand their client base and services. Find out now if you qualify and compare rates, offers and options from multiple lenders - without a credit check! - read more |
| Moneytech and Xero Collaboration Simplifies Financing for Australian SMEs 06 Nov 2025: Paige Estritori Australian non-bank lender Moneytech has announced a strategic integration with Xero, the global small business accounting platform. This partnership aims to provide small and medium-sized enterprises (SMEs) with a more efficient and streamlined process for accessing working capital. - read more |
| Queensland Government Invests in Marine Industry Workforce 06 Nov 2025: Paige Estritori The Queensland Government has recently partnered with the Boating Industry Association (BIA) to significantly enhance the Marine Jobs program throughout the state. This collaboration is set to provide a substantial boost to employment opportunities within Queensland's marine sector, which boasts the highest concentration of marine businesses in Australia. - read more |
| BIA and AFTA Collaborate to Enhance Boating and Fishing Industries 06 Nov 2025: Paige Estritori In a significant move for Australia's outdoor recreation sector, the Boating Industry Association (BIA) and the Australian Fishing Trade Association (AFTA) have formalised an agreement to collaborate more closely. This partnership is designed to benefit their combined membership base and bolster support for boat-based fishing across the nation. - read more |
| Japanese Banks SMBC and MUFG Propel Business Lending Expansion in Australia 06 Nov 2025: Paige Estritori Australia's business lending sector is witnessing a significant shift as Japanese banking giants Sumitomo Mitsui Banking Corporation (SMBC) and Mitsubishi UFJ Financial Group (MUFG) emerge as leading growth drivers. In July 2025, the combined business loan books of Australia's top 10 authorised deposit-taking institutions (ADIs) reached A$925 billion, with SMBC and MUFG recording the highest percentage growth rates among them. - read more |
| OECD Calls for Budget Repairs and Increased Business Investment in Australia 06 Nov 2025: Paige Estritori The Organisation for Economic Co-operation and Development (OECD) has recently highlighted pressing economic challenges facing Australia, urging both federal and state governments to undertake significant budget repairs and stimulate business investment. This call to action comes in response to new data revealing unprecedented growth in welfare spending, juxtaposed with business investment levels nearing a four-decade low. - read more |
| Australia's Economic Stagnation: Insights from Gerard Minack 06 Nov 2025: Paige Estritori Veteran global macro strategist Gerard Minack has recently characterised Australia as a 'stagnation nation,' highlighting concerns over flatlining real incomes and declining per capita growth. Speaking at a Morgan Stanley conference, Minack emphasised the need for substantial policy reforms to rejuvenate the Australian economy. - read more |
| AustralianSuper Advances Towards Payday Super Implementation 06 Nov 2025: Paige Estritori AustralianSuper, one of Australia's largest superannuation funds, is set to implement the Payday Super system, following a successful pilot program conducted with Rest. This initiative involves collaboration with technology providers Wrkr and MUFG Retirement Solutions to streamline and enhance the process of superannuation contributions. - read more |
| ATA Advocates for Major Road Upgrades to Enhance Transport Efficiency 05 Nov 2025: Paige Estritori The Australian Trucking Association (ATA) has unveiled a comprehensive plan to alleviate the financial burden on Australian households by proposing a $5 billion investment in targeted road upgrades over the next decade. This initiative is designed to support the adoption of high-productivity and low-emission trucks, thereby enhancing the efficiency of the transport sector and contributing to a reduction in the cost of living. - read more |
| Australian Truck Sales Exhibit Signs of Recovery in Third Quarter of 2025 05 Nov 2025: Paige Estritori The Australian truck and van market is showing signs of stabilisation in the third quarter of 2025, despite an 11.8% decline in year-to-date sales compared to the previous year. This trend suggests a potential turning point for the industry after a period of sustained softness. - read more |
| ASX 200 Declines Amid RBA Rate Hold and Inflation Concerns 04 Nov 2025: Paige Estritori The Australian stock market witnessed a downturn on Tuesday as the Reserve Bank of Australia (RBA) opted to leave interest rates unchanged, while cautioning about the potential for persistent inflation beyond the preferred range. The ASX 200 dropped by 81.1 points, or 0.91%, closing at 8813.7. Meanwhile, the All Ordinaries index similarly decreased by 84.3 points, or 0.92%, settling at 9098.2. - read more |
| Australia's Housing Market and Rental Crisis Intensify Amidst Policy Changes 03 Nov 2025: Paige Estritori The introduction of the Albanese government's 5% deposit scheme for first home buyers at the start of October has led to a noticeable uptick in housing prices. According to Cotality’s latest data, October saw the strongest rise in house prices since June 2023, with a 1.1% increase that equates to a 2.9% rise over the quarter in Australia's major cities. - read more |
| Austal's $100 Million Boost for U.S. Shipbuilding Expansion 03 Nov 2025: Paige Estritori Austal Limited, a leading Australian shipbuilder, has secured a substantial $100 million loan from Export Finance Australia (EFA) to bolster its shipbuilding operations in Mobile, Alabama. This strategic funding is earmarked for the development of the Final Assembly 2 (FA2) project, a significant initiative aimed at enhancing Austal's capacity to construct vessels for the U.S. Navy and Coast Guard. - read more |
| Marinex Underwriting: New Player in Australia's Marine Insurance Sector 03 Nov 2025: Paige Estritori Marinex Underwriting, a newly established marine underwriting agency, has officially launched in the Australian market, aiming to address the complex insurance needs of the marine sector. Backed by global specialty insurance distributor Amwins, Marinex is a shared equity agency co-founded by industry veterans Janelle Karnib, Chris Kelly, and Ainsley Smith. - read more |
| Australia's Strategic Choice: Japan's New FFM for Naval Expansion 03 Nov 2025: Paige Estritori In a significant move to bolster its naval capabilities, Australia has officially selected Japan's New FFM design for its general purpose frigate program. This decision, announced by Defence Minister Richard Marles on August 5, 2025, marks a pivotal step in enhancing the Royal Australian Navy's operational capacity. - read more |
| Extended Loan Terms: A New Strategy for Australian SMEs 03 Nov 2025: Paige Estritori In response to ongoing economic challenges, Australian small and medium-sized enterprises (SMEs) are increasingly opting for longer-term loans to manage cash flow and sustain operations. Recent data indicates a significant 43% surge in loan applications during the first quarter of the 2025 financial year, highlighting a strategic shift among SMEs towards extended repayment periods. - read more |
| Australian Businesses Seek Loans as Insolvencies Peak 03 Nov 2025: Paige Estritori Recent data reveals a concerning trend among Australian businesses: a 6% increase in business loan applications coinciding with a 21% rise in insolvencies, marking a five-year high. This pattern suggests that many businesses are seeking additional financing not for expansion, but as a means of survival amidst mounting economic pressures. - read more |
| ATO's Intensified Debt Recovery Efforts Prompt Surge in Financial Helpline Calls 02 Nov 2025: Paige Estritori Recent data indicates a notable increase in calls to financial helplines across Australia, coinciding with the Australian Taxation Office's (ATO) intensified debt recovery initiatives. This trend underscores the growing financial strain on individuals and small businesses grappling with tax debts. - read more |
| How Financial Brokers Are Easing Debt Stress for Australian Businesses 02 Nov 2025: Paige Estritori Australian businesses are increasingly turning to financial brokers to navigate the complexities of debt management amid rising insolvency rates. In November 2024, business insolvencies surged to 70% above the historical average, highlighting the urgent need for effective debt strategies. - read more |
| Australians Embrace Debt Consolidation Loans Amid Rising Financial Pressures 02 Nov 2025: Paige Estritori Amid escalating financial pressures, Australians are increasingly turning to debt consolidation loans as a strategy to manage multiple debts more effectively. Recent research indicates a 170% surge in such loan applications over the past year, with the average loan amount reaching $33,000 and some as high as $68,000. - read more |
| ASIC Takes Legal Action Against Car Finance Provider for Alleged Lending Breaches 02 Nov 2025: Paige Estritori The Australian Securities and Investments Commission (ASIC) has commenced civil penalty proceedings in the Federal Court against car finance provider Money3 Loans Pty Ltd, alleging breaches of responsible lending obligations. This action underscores ASIC's commitment to enforcing compliance within the financial sector to protect consumers. - read more |
| Australians Embrace Personal Loans to Fund Home Improvements 01 Nov 2025: Paige Estritori Recent data indicates a significant uptick in Australians utilizing personal loans to finance home renovations. This trend is particularly pronounced in Victoria and New South Wales, where homeowners are leveraging these loans to enhance their properties. - read more |
| Investment in Large-Scale Battery Storage Soars Amid Australia's Renewable Energy Expansion 01 Nov 2025: Paige Estritori Australia's ambitious goal to achieve 82% renewable energy by 2030 has catalyzed a significant surge in investments in large-scale Battery Energy Storage Systems (BESS). This strategic move aims to address the challenges posed by the rapid expansion of solar and wind infrastructure and the phased closure of coal-fired power plants. - read more |
| ANZ Bank's Pacific Expansion Supported by Government Guarantee 01 Nov 2025: Paige Estritori In a significant development for Australia's banking sector, ANZ Bank has secured a $1.2 billion loan guarantee from the Australian government to bolster its operations across the Pacific region. This strategic move aims to counter China's growing influence in the area and underscores the government's commitment to maintaining a robust presence in the Pacific. - read more |
| Understanding Australia's 2025 Federal Budget and Its Impact 01 Nov 2025: Paige Estritori The Australian government unveiled its 2025 federal budget on 25 March 2025, outlining a comprehensive plan for economic management and social development. This budget, presented by Treasurer Jim Chalmers, marks the fourth under the Albanese government and sets the stage for the upcoming federal election. - read more |
| Australia's 2035 Climate Target: A Path Towards Sustainable Future 01 Nov 2025: Paige Estritori The Australian government has announced an ambitious climate target for 2035, aiming for a 62-70% reduction in emissions. This commitment is a significant step towards achieving net-zero emissions by 2050 and positions Australia as a proactive participant in global climate action. - read more |
| Jayco Faces ACCC Legal Action Over Off-Road Caravan Claims 01 Nov 2025: Paige Estritori Australia's largest caravan manufacturer, Jayco, is currently facing legal proceedings initiated by the Australian Competition and Consumer Commission (ACCC). The ACCC alleges that Jayco misled consumers by advertising certain caravans as suitable for off-road use, despite these models not being designed or warranted for such conditions. - read more |
| Exclusive Perks for New Caravan Owners Through Crusader and BIG4 Partnership 01 Nov 2025: Paige Estritori In a strategic move to add value for new caravan owners, Crusader Caravans and its subsidiary brand, Dreamhaven, have partnered with BIG4 Holiday Parks. This collaboration offers new buyers a suite of exclusive benefits designed to enhance their caravanning experience from the outset. - read more |
| ASIC's Comprehensive Review of Australia's Motor Vehicle Finance Sector 01 Nov 2025: Paige Estritori The Australian Securities and Investments Commission (ASIC) has commenced a thorough review of the motor vehicle finance sector, focusing on strengthening consumer protections and ensuring industry compliance with responsible lending obligations. This initiative aims to address potential risks and improve the experiences of borrowers across Australia. - read more |
| Australian EOFY Car Deals Hit Record Highs in 2025 01 Nov 2025: Paige Estritori The 2025 End of Financial Year (EOFY) period witnessed an unprecedented surge in car deals across Australia, marking a significant milestone in the automotive industry. According to an analysis by TheBeep.com.au, the number of car deals in June 2025 reached 190, representing a 39% increase from the 137 deals recorded in 2024. This substantial growth underscores the intensified competition among automotive brands striving to clear stock before the June 30 deadline. - read more |
| EV and Hybrid Vehicle Financing in Australia Reaches $6.17 Billion in 2024 01 Nov 2025: Paige Estritori The Australian automotive finance sector has experienced a remarkable surge in support for electric (EV) and hybrid vehicles, with financing volumes escalating from $250 million in early 2023 to an impressive $6.17 billion by the end of 2024. This substantial growth underscores the pivotal role of financial institutions in facilitating the nation's transition to low-emission transportation. - read more |
| Westpac Resolves Auto Finance Class Action with $81 Million Settlement 01 Nov 2025: Paige Estritori Australia's Westpac Banking Corporation has reached a settlement of A$130 million (approximately $81.84 million) to resolve a class action lawsuit concerning its auto finance practices. The lawsuit, initiated by law firm Maurice Blackburn in 2020, alleged that between March 1, 2013, and October 31, 2018, Westpac and its subsidiary, St George Finance, permitted car dealers to increase interest rates on car loans to earn higher commissions. - read more |
We are a proud member of the Financial Services Online network!
Connect with us on your favourite social media platform for the latest financial news, views, tips, tricks, resources and information.