CAR LOANS
All finance quotes are provided free (via our secure server) and without obligation. We respect your privacy.
Welcome to Car Loans Australia! Dive into the most recent and insightful financial news stories.
Explore full articles effortlessly by clicking on the headlines.
| Pressures Mount as Australian Wage Growth Slows 28 Aug 2025: Paige Estritori Australian real wages have hit a challenging plateau, currently trailing 6.1% below their mid-2022 'covid-bubble' heights. The Reserve Bank of Australia's (RBA) recent Statement of Monetary Policy provides little solace, projecting that real wages will stay 5.5% beneath their peak by the close of 2027. This comes amidst SEEK's latest advertised salaries index, which paints a picture of slowing wage growth. - read more |
| Unexpected Inflation Surge Puts RBA Rate Cut on Hold 28 Aug 2025: Paige Estritori The latest inflation figures from the Australian Bureau of Statistics have disrupted expectations for a rate cut by the Reserve Bank of Australia (RBA) in September. July's monthly CPI inflation escalated to an annual rate of 2.8%, rising significantly from June's 1.9% and outstripping forecasts from multiple market analysts. This unexpected inflationary surge is mainly attributed to a dramatic 13.0% hike in electricity prices and robust travel costs. - read more |
| Home Loan Scheme Could Drive Up Prices, Warns Insurance Body 27 Aug 2025: Paige Estritori A new federal scheme, designed to lower the demand for lenders’ mortgage insurance (LMI), may inadvertently escalate home prices and hinder lower-income earners' ability to purchase property, according to concerns raised by Australian insurers. The Home Guarantee Scheme, set to expand in October, offers first-time buyers the opportunity to bypass the usually required LMI if they have managed a deposit of just 5%. - read more |
| Labor Speeds Up Mortgage Guarantee Extension 26 Aug 2025: Paige Estritori The Australian federal government has announced an earlier implementation of its expanded program guaranteeing low-deposit loans for first-time home buyers, set for October. This program aims to eliminate the need for lenders' mortgage insurance (LMI) by allowing first-home purchasers with just a 5% deposit to enter the market. Previously planned for next year, the revamped policy also removes income caps and raises property price limits. - read more |
| Australian Household Spending Set to Surge with Rate and Tax Relief 25 Aug 2025: Paige Estritori A significant financial shift is on the horizon for Australian households. After years of stringent budgeting, new data suggests a revitalisation in household spending, thanks to recent interest rate cuts and tax relief measures introduced last July. - read more |
| Australian Dollar Faces Pressure Amid Federal Reserve Uncertainty 22 Aug 2025: Paige Estritori The Australian Dollar (AUD) is experiencing increased pressure as uncertainties surrounding the Federal Reserve's stance on interest rates and U.S. economic growth persist. Meanwhile, the U.S. Dollar Index (DXY) maintains its strength, creating a challenging environment for the AUD. The Federal Reserve recently shared insights that inflation remains above its long-term goal of 2%, with notable impacts from tariffs influencing goods price inflation. - read more |
| Summit Considers Comprehensive Tax Reforms with Focus on Negative Gearing 21 Aug 2025: Paige Estritori The Australian federal government's economic reform summit in Canberra is drawing attention with discussions on major tax overhauls, specifically scrutinising negative gearing as part of a broader suite of fiscal reforms. As the three-day summit reaches its final discussions, key elements such as tax reform and budget sustainability are at the forefront. - read more |
| Australian Dollar Faces Pressure as Jackson Hole Symposium Approaches 20 Aug 2025: Paige Estritori In a surprising downturn, the Australian dollar has faced a significant setback as market risks amplify. The DXY is showing strength, while the Chinese yuan remains stable. Gold markets exhibit fragility, and other metals signal caution with sustained bearish trends in the mining sector. Emerging markets have faced challenges, but junk bonds and yields appear resilient. Stock markets, however, took a hit amid the nervous financial climate. - read more |
| Australian Housing Market Faces Affordability Challenges Despite Rate Cuts 19 Aug 2025: Paige Estritori At the close of 2024, Cotality, the company formerly known as CoreLogic, reported that both the national dwelling value to income ratio and the income percentage needed for a new mortgage hit unprecedented highs. According to Cotality's housing report for July, the median dwelling value in Australia's capital cities was $926,854. Sydney and Brisbane, with median values of $1,228,435 and $934,623, respectively, were noted as the most expensive markets, reflecting impressive growth over the past five years. - read more |
| Call for Red Tape Reduction Gains Momentum in Australian Financial Sector 19 Aug 2025: Paige Estritori The Insurance Council of Australia (ICA) has aligned with a coalition of business groups urging the government to cut red tape ahead of the Economic Reform Roundtable hosted by Treasurer Jim Chalmers. The 27-member strong alliance is pushing for reforms that focus on increasing investment, fostering innovation, reducing red tape by 25% by 2030, and enhancing major project approvals. Additionally, they are advocating for tax reforms that won't adversely impact consumer or business costs. - read more |
| RBA Rate Cut Spurs Property Market Surge 18 Aug 2025: Paige Estritori Last week, the Reserve Bank of Australia (RBA) made its third rate cut this year, lowering the official cash rate by 0.25% to 3.60%. Historically, such rate reductions have been linked to a significant rise in Australian home values, with double-digit growth expected within two years of the start of a rate-cutting cycle, according to the Australian Financial Review. - read more |
| BFG Faces 44% Profit Decline Amid Strategic Transformation 15 Aug 2025: Paige Estritori In a recent financial disclosure, Bell Financial Group (BFG) announced a notable 44% drop in half-year net profit after tax as it navigates challenging market conditions. While the company's overall revenue declined by 12.5% to $121.5 million, its Technology & Platforms and Products & Services units showed resilience with a combined revenue increase of 12% to $46.3 million. This contrasts sharply with the 23.5% revenue dip in its broking division, which totalled $69.4 million. - read more |
| Self-Directed Investors Urged to Assume Greater Responsibility 14 Aug 2025: Paige Estritori The evolving landscape of private credit funds in Australia necessitates greater responsibility from self-directed investors, according to Darren Connolly, the Chief Executive of Investment Markets. As the landscape of fixed income investments becomes increasingly complex, investors are being urged to take ownership of their decision-making processes. - read more |
| Reserves Bank's Rate Cuts: Impact on Australian Housing Affordability 14 Aug 2025: Paige Estritori The Reserve Bank of Australia (RBA) recently made a pivotal decision to cut the official cash rate (OCR) by 0.25%, bringing it down to 3.60%. This move marks a total reduction of 0.75% from its peak of 4.35%. Economists and financial markets anticipate further cuts, potentially two more by mid-2026, reflecting a cautious easing policy by the RBA. - read more |
| Costly Glitches Plague Fee Disclosure Under New DBFO Legislation 13 Aug 2025: Paige Estritori As financial planners await forthcoming updates to the Delivering Better Financial Outcomes (DBFO) legislation, many are grappling with significant challenges arising from the first tranche, specifically concerning fee consent requirements. These issues, unfortunately, seem to require legislative amendments as they fall outside the scope of regulatory fixes, amplifying the compliance burden on financial advisers, especially regarding breach reporting. - read more |
| RBA's Rate Cut Strategy Sparks Industry Debate on Future Moves 13 Aug 2025: Paige Estritori The Reserve Bank of Australia (RBA) has recently initiated a 0.25% cut to the official cash rate, stirring dialogue among industry leaders about the timing and necessity of potential future cuts. Despite the reduction aligning with broad expectations, there are diverging opinions about further reductions this year. - read more |
| Opportunities for Serving the Mass Affluent Market in Financial Advice 12 Aug 2025: Paige Estritori Charlie Viola, executive chairman of Viola Private Wealth, recently highlighted a promising opportunity for financial institutions to better serve the mass affluent market. Despite the recent trends stemming from the royal commission that have seen personnel changes across the financial advisory sector, Viola asserts that there remains a strong clientele base. The financial advisory business, he notes, benefits from a steady stream of increasingly wealthy individuals, but the challenge lies in effectively serving those with moderate wealth. - read more |
| Melbourne's Property Market: A Bargain Hunter's Paradise 12 Aug 2025: Paige Estritori Melbourne's property landscape offers a distinctive picture compared to Australia's major cities, with a notably stable market over recent years. PropTrack data shows the city's median dwelling values increased only 19.2% over the past five years, trailing significantly behind the combined capital cities' average rise of 45.5%. - read more |
| FAAA Expands Specialisation Program to Elevate Financial Advice Standards 11 Aug 2025: Paige Estritori The Financial Advice Association of Australia (FAAA) is expanding its approved specialisations program, which currently includes areas such as aged care, life risk, and the Fellow Chartered Financial Practitioner (FChFP). The organisation is now seeking applications from education and designation providers to broaden the program's scope. New areas of interest include estate planning, retirement, money therapy, self-managed superannuation funds (SMSF), and responsible investing, though additional relevant specialisations are also welcome. - read more |
| Australian Dollar Faces Tariff-Driven Volatility Amid Inflation Concerns 11 Aug 2025: Paige Estritori The Australian dollar is navigating turbulent times, influenced by global currency markets and ongoing inflationary pressures. With market sentiment swaying, the Aussie dollar finds itself in a precarious position, significantly impacted by anticipated tariffs and inflation reports. This period of uncertainty emerges as the US Dollar Index (DXY) shows indecision, metals markets react to geopolitical developments, and overall market volatility remains high. - read more |
| Rising Land Costs Fuel Australia's Housing Dilemma 08 Aug 2025: Paige Estritori Australia's housing market is grappling with stark increases in land costs, which are driving home prices to unprecedented heights. Recent data from the Australian Bureau of Statistics indicates that residential land values surged by 8.8% between 2023 and 2024, reaching a staggering $7.7 trillion. Over the past 35 years, these values have ballooned from 1.1 to 2.9 times the nation's GDP. - read more |
| APRA Imposes Stricter Conditions on KeyInvest 07 Aug 2025: Paige Estritori The Australian Prudential Regulation Authority (APRA) has recently increased its oversight of KeyInvest, a financial services firm renowned for its funeral bond product, by imposing additional licence conditions and raising the capital requirement. This decision follows an APRA review identifying deficiencies in KeyInvest’s risk management framework and questioning the board's effectiveness in maintaining strategic oversight. - read more |
| Surging House Prices Challenge Australian First-Time Buyers 06 Aug 2025: Paige Estritori As property prices continue to soar across Australia, first-time homebuyers are facing an increasingly challenging market. High-end properties exhibit greater volatility, responding sharply to interest rate changes, as illustrated by CBA data comparing the price fluctuations of the most costly and least expensive homes. Recent interest rate cuts by the Reserve Bank of Australia (RBA) have fueled a rise in property prices, yet costlier homes have not seen as much growth as more affordable ones. - read more |
| Global Markets Show Mixed Reactions Amid US Economic Uncertainty 05 Aug 2025: Paige Estritori Global financial markets displayed varied performances overnight, with Wall Street experiencing a minor rebound that failed to recover from Friday night's losses. The US dollar remained under pressure, gaining some ground only against the Swiss Franc, as the Federal Reserve's potential early rate cut looms larger. Concurrently, US Treasury yields continued their downward trajectory across all maturities, whereas the Australian dollar held steady just below 65 cents. - read more |
| Sydney Real Estate Shifts as Seller’s Market Looms 04 Aug 2025: Paige Estritori Australia is gearing up for a shift in the real estate landscape, with industry insiders identifying an emerging seller's market. Sydney's real estate agent and auctioneer, Tom Panos, highlighted this trend after observing a string of exceptionally strong auction results. - read more |
| Complexities in Reverse Mortgages Alarm Older Australians 01 Aug 2025: Paige Estritori Many older Australians are increasingly struggling to understand the reverse mortgage market, according to recent research and inquiry records from the national brokerage, Seniors First. This complexity is evidenced by a threefold rise in inquiries from Australians over 60 during the past two years, largely driven by concerns over living costs, misconceptions about the products, and inadequate access to information. - 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.
