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Finance News

Australia's Marine Industry Surges to $229 Billion Economic Output Australia's Marine Industry Surges to $229 Billion Economic Output
05 Dec 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 Strengthen Ties with $325 Million Nakamal Agreement Australia and Vanuatu Strengthen Ties with $325 Million Nakamal Agreement
05 Dec 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
Austal Limited Boosts U.S. Shipbuilding with $100 Million EFA Loan Austal Limited Boosts U.S. Shipbuilding with $100 Million EFA Loan
05 Dec 2025: Paige Estritori

Austal Limited, a prominent Australian shipbuilder, has secured a $100 million loan from Export Finance Australia (EFA) to enhance 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 increasing Austal's capacity to construct vessels for the U.S. Navy and Coast Guard. - read more
RBA's Interest Rate Reduction: A Boon for Australian SMEs RBA's Interest Rate Reduction: A Boon for Australian SMEs
05 Dec 2025: Paige Estritori

The Reserve Bank of Australia's (RBA) recent decision to reduce the official cash rate by 25 basis points to 3.60% presents a significant opportunity for small and medium-sized enterprises (SMEs) across the nation. This adjustment, aimed at addressing moderating inflation and a tight labour market, is set to lower borrowing costs, thereby facilitating business growth and expansion. - read more
Australian SMEs Embrace Non-Bank Lenders for Flexible Financing Australian SMEs Embrace Non-Bank Lenders for Flexible Financing
05 Dec 2025: Paige Estritori

In a significant shift within Australia's financial landscape, small and medium-sized enterprises (SMEs) are increasingly opting for non-bank lenders to meet their financing needs. Recent data indicates that demand for non-bank lending among SMEs has reached 55% in 2025, marking a substantial increase from previous years. - read more
Australian SMEs Benefit from Confirmed $20,000 Instant Asset Write-Off Australian SMEs Benefit from Confirmed $20,000 Instant Asset Write-Off
05 Dec 2025: Paige Estritori

Australian small and medium-sized enterprises (SMEs) have received positive news with the confirmation of the $20,000 Instant Asset Write-Off for the 2025-26 financial year. This measure allows eligible businesses to claim immediate tax deductions on asset purchases up to $20,000, providing a significant incentive for investment in business growth. - read more
ANZ's Nuno Matos Takes Helm at Australian Banking Association ANZ's Nuno Matos Takes Helm at Australian Banking Association
04 Dec 2025: Paige Estritori

In a significant development for Australia's banking sector, Nuno Matos, Chief Executive Officer of ANZ Group, has been appointed as the new chair of the Australian Banking Association (ABA) council. This appointment marks a pivotal moment for the industry, as Matos brings a wealth of experience and a fresh perspective to the role. - read more
APRA Implements Cap on High Debt-to-Income Home Loans APRA Implements Cap on High Debt-to-Income Home Loans
04 Dec 2025: Paige Estritori

In a proactive move to address potential risks in the housing market, the Australian Prudential Regulation Authority (APRA) has announced the implementation of a cap on high debt-to-income (DTI) home loans, effective from February 2026. This measure is designed to curb the issuance of loans that could pose systemic risks to the financial system. - read more
Australian Home Prices Expected to Climb by 7% in 2026 Australian Home Prices Expected to Climb by 7% in 2026
04 Dec 2025: Paige Estritori

Recent analyses indicate that Australian home prices are set to rise by approximately 6.9% in 2026, marking a significant upward revision from previous forecasts. This anticipated growth is attributed to constrained housing supply and a resurgence in buyer demand, following interest rate cuts by the Reserve Bank of Australia (RBA) in 2025. - read more
ASIC's Investigation Highlights Issues in Car Finance Sector ASIC's Investigation Highlights Issues in Car Finance Sector
04 Dec 2025: Paige Estritori

The Australian Securities and Investments Commission (ASIC) has recently conducted a comprehensive review of the nation's motor vehicle finance sector, uncovering significant issues that raise concerns about consumer protection and lending practices. - read more
Mid-Year Insights Show Used Car Supply Surging Mid-Year Insights Show Used Car Supply Surging
04 Dec 2025: Paige Estritori

The Australian used car market is experiencing a significant shift, with a notable increase in vehicle listings contributing to a more balanced and stable marketplace. According to the Mid-2025 Automotive Insights Report (AIR) released by the Australian Automotive Dealer Association (AADA) in collaboration with AutoGrab, the first half of 2025 saw 1,589,491 used vehicles listed for sale. This figure represents an over 30% increase compared to the same period in 2024, indicating a substantial surge in supply. - read more
Australia to Cap High Debt-to-Income Home Loans from February to Curb Housing Risks Australia to Cap High Debt-to-Income Home Loans from February to Curb Housing Risks
04 Dec 2025: Paige Estritori

In a proactive move to address escalating risks in the housing market, the Australian Prudential Regulation Authority (APRA) has announced the implementation of a cap on high debt-to-income (DTI) home loans. Effective from February 2026, this measure is designed to mitigate potential financial vulnerabilities arising from surging property prices and accelerated credit growth. - read more
APRA's New Cap on High Debt-to-Income Home Loans: What Borrowers Need to Know APRA's New Cap on High Debt-to-Income Home Loans: What Borrowers Need to Know
03 Dec 2025: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at curbing potential risks in the housing market. Effective February 2026, APRA will implement a cap on high debt-to-income (DTI) home loans, limiting such loans to 20% of new home lending portfolios. This move is designed to address concerns over escalating property prices and accelerated credit growth. - read more
Commonwealth Bank's Q1 Profit Growth: Balancing Volume and Margin Challenges Commonwealth Bank's Q1 Profit Growth: Balancing Volume and Margin Challenges
03 Dec 2025: Paige Estritori

The Commonwealth Bank of Australia (CBA), the nation's largest lender by market value, has reported a modest increase in its first-quarter cash profit, reaching approximately A$2.6 billion—a 2% rise from the previous year. This growth is primarily attributed to strong performances in home loans and household deposits, which saw increases of A$9.3 billion and A$17.8 billion, respectively. - read more
Australians Tighten Budgets to Enhance Home Loan Eligibility Australians Tighten Budgets to Enhance Home Loan Eligibility
03 Dec 2025: Paige Estritori

In response to stringent lending criteria, a significant number of Australians are actively reducing their spending and personal debt to improve their chances of securing or refinancing home loans. A recent survey conducted by Finder, involving over 1,000 participants, revealed that 18%—approximately 3.9 million people—have taken such measures over the past five years to meet lender requirements. - read more
Zone RV's Financial Struggles Lead to Voluntary Administration Zone RV's Financial Struggles Lead to Voluntary Administration
03 Dec 2025: Paige Estritori

In a significant development within the Australian caravan industry, luxury off-road caravan manufacturer Zone RV has entered voluntary administration. This move has left numerous staff members and customers facing uncertainty regarding their future engagements with the company. - read more
Dreamhaven: Crusader Caravans' New Affordable Range Hits the Market Dreamhaven: Crusader Caravans' New Affordable Range Hits the Market
03 Dec 2025: Paige Estritori

Crusader Caravans has unveiled its latest venture, Dreamhaven, a new brand designed to offer Australians high-quality, locally manufactured caravans at an accessible price point. This initiative aims to bridge the gap between premium features and affordability, catering to a broader audience of caravan enthusiasts. - read more
Join the 18th National Muster in Charleville with the Australian Caravan Club Join the 18th National Muster in Charleville with the Australian Caravan Club
03 Dec 2025: Paige Estritori

The Australian Caravan Club (ACC) has officially announced that its 18th National Muster will take place in the charming town of Charleville, Queensland. Scheduled from October 12 to 19, 2025, this event is set to bring together caravan enthusiasts from across the country for a week of camaraderie, activities, and exploration. - read more
APRA's New Cap on High Debt-to-Income Home Loans: What Borrowers Need to Know APRA's New Cap on High Debt-to-Income Home Loans: What Borrowers Need to Know
03 Dec 2025: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at curbing potential risks in the housing market. Effective February 2026, APRA will implement a cap limiting the proportion of new home loans with high debt-to-income (DTI) ratios. This move is designed to promote responsible lending practices and ensure the stability of the financial system. - read more
ASIC's Findings Highlight Urgent Need for Reform in Car Finance Lending Practices ASIC's Findings Highlight Urgent Need for Reform in Car Finance Lending Practices
03 Dec 2025: Paige Estritori

The Australian Securities and Investments Commission (ASIC) has released preliminary insights from its comprehensive review of the motor vehicle finance sector, uncovering concerning trends that necessitate immediate attention from both lenders and consumers. - read more
AADA's Latest Report Signals Cooling Trends in Australia's Used Car Market AADA's Latest Report Signals Cooling Trends in Australia's Used Car Market
03 Dec 2025: Paige Estritori

The Australian Automotive Dealer Association (AADA), in collaboration with AutoGrab, has released the 2024 Year That Was Automotive Insights Report (AIR), providing a comprehensive analysis of the used car market's performance and offering projections for the year ahead. - read more
ASIC's Review Highlights Concerns in Car Finance Practices ASIC's Review Highlights Concerns in Car Finance Practices
03 Dec 2025: Paige Estritori

The Australian Securities and Investments Commission (ASIC) has recently conducted a comprehensive review of the nation's motor vehicle finance sector, uncovering significant issues that raise concerns about responsible lending practices. The findings indicate that some consumers are being subjected to exorbitant fees and are defaulting on their loans shortly after approval. - read more
Cooling Trends Emerge in Australia's Used Car Market Cooling Trends Emerge in Australia's Used Car Market
03 Dec 2025: Paige Estritori

The Australian used car market, which experienced significant growth throughout most of 2024, has shown signs of deceleration in the final months of the year. This trend suggests a more cautious outlook for 2025, influenced by various economic factors and shifting consumer behaviors. - read more
ASIC Calls for Strengthened Consumer Protections in Car Finance ASIC Calls for Strengthened Consumer Protections in Car Finance
03 Dec 2025: Paige Estritori

The Australian Securities and Investments Commission (ASIC) has intensified its scrutiny of the motor vehicle finance sector, urging lenders to bolster consumer protections and enhance oversight mechanisms. This move comes in response to a notable increase in complaints regarding car finance arrangements and concerns about the adequacy of current lending practices. - read more
APRA Implements Cap on High DTI Home Loans to Address Housing Market Concerns APRA Implements Cap on High DTI Home Loans to Address Housing Market Concerns
02 Dec 2025: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at mitigating emerging risks in the housing market. Effective February 2026, APRA will impose a cap on high debt-to-income (DTI) home loans, limiting banks to issuing no more than 20% of new home loans with DTI ratios of six times or higher. This measure applies to both owner-occupier and investor loans, excluding new housing developments. - read more
Australian Home Prices Continue Upward Trend Amidst Affordability Challenges Australian Home Prices Continue Upward Trend Amidst Affordability Challenges
02 Dec 2025: Paige Estritori

In November 2025, Australia's housing market experienced a 1% month-on-month increase in home prices, bringing the national median value to A$888,941. This follows a 1.1% rise in October, indicating a persistent upward trend in property values. The growth was particularly pronounced in mid-sized state capitals, with Perth leading at a 2.4% increase. Sydney and Melbourne saw more modest gains of 0.5% and 0.3%, respectively. - read more
Analysts Predict Continued Growth in Australian Home Prices Through 2026 Analysts Predict Continued Growth in Australian Home Prices Through 2026
02 Dec 2025: Paige Estritori

Recent analyses indicate that Australian home prices are expected to rise by approximately 6.9% in 2026, an upward revision from earlier projections of 5.6%. This forecast follows an anticipated 8% increase in 2025, highlighting a sustained upward trajectory in property values. The primary drivers behind this growth include limited housing supply and resilient demand, particularly in major cities such as Sydney, Melbourne, Brisbane, Adelaide, and Perth. - read more
Celebrating the Success of the 2025 Sydney International On-Water Boat Show Celebrating the Success of the 2025 Sydney International On-Water Boat Show
02 Dec 2025: Paige Estritori

The 56th Sydney International On-Water Boat Show, held from 13 to 16 November 2025 at Darling Harbour, has concluded with remarkable success. This year's event attracted over 20,000 visitors, underscoring the enduring appeal of Australia's marine lifestyle and industry. - read more
Victoria's Arcadia Hatchery: A Milestone in Native Fish Production Victoria's Arcadia Hatchery: A Milestone in Native Fish Production
02 Dec 2025: Paige Estritori

Victoria has taken a significant step forward in native fish conservation with the opening of the Arcadia Native Fish Hatchery, now the largest facility of its kind in Australia. Located just south of Shepparton, this state-of-the-art hatchery is set to revolutionise the state's fisheries sector and bolster recreational fishing opportunities. - read more
Unveiling the Cause of South Australia's Harmful Algal Bloom Unveiling the Cause of South Australia's Harmful Algal Bloom
02 Dec 2025: Paige Estritori

Since March 2025, South Australia's coastline has been grappling with a harmful algal bloom (HAB) that has severely impacted marine life, the fishing industry, and tourism. Recent research has identified Karenia cristata as the dominant species responsible for this environmental crisis. - read more
MotorCycle Holdings Achieves Record Sales in FY2025 MotorCycle Holdings Achieves Record Sales in FY2025
02 Dec 2025: Paige Estritori

MotorCycle Holdings Limited (MCH), a prominent player in the Australian motorcycle retail and wholesale sector, has announced a record-breaking sales revenue of $650 million for the fiscal year 2025. This figure represents an 11.6% increase compared to the previous year, underscoring the company's robust growth trajectory in a competitive market. - read more
RAA Highlights Alarming Rise in Serious Motorcycle Crashes RAA Highlights Alarming Rise in Serious Motorcycle Crashes
02 Dec 2025: Paige Estritori

The Royal Automobile Association (RAA) has raised concerns following a significant 58% increase in serious motorcycle crashes in South Australia over a five-year period. Between 2019 and 2023, the state recorded 966 serious motorcycle crashes, up from 611 in the preceding five years. - read more
Stark Future Accelerates Growth with €100 Million Investment Stark Future Accelerates Growth with €100 Million Investment
02 Dec 2025: Paige Estritori

Spanish electric motorcycle manufacturer Stark Future has successfully completed a new investment round, raising over €100 million to support its ambitious growth plans and model range expansion. This funding round was notably swift, closing within a few weeks, and was predominantly backed by existing shareholders. Additionally, a select group of new high-profile investors from the MotoGP community, including current riders and a former World Champion, participated in this round. - read more
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Trades Insurance Articles

Tailored Insurance Solutions: Meeting the Unique Needs of Tradespeople
Tailored Insurance Solutions: Meeting the Unique Needs of Tradespeople
Tailored insurance solutions are customised insurance plans that cater to the specific needs and circumstances of individuals and businesses. Unlike traditional, one-size-fits-all policies, tailored solutions provide flexibility and detailed coverage options that align with the unique risks and demands of various professions, including tradespeople. - read more
A Guide to Choosing Income Protection Insurance for Tradespeople
A Guide to Choosing Income Protection Insurance for Tradespeople
Income protection insurance is a vital safety net for those who earn their livelihood through skilled trades. It is designed to replace a portion of your income if you're unable to work due to illness or injury, ensuring that you can meet your financial obligations while you recover. This type of insurance provides peace of mind, knowing that even if the unexpected happens, your bills can still be paid and your lifestyle maintained. - read more
Understanding Commercial Vehicle Insurance: A Guide for Australian Tradespeople
Understanding Commercial Vehicle Insurance: A Guide for Australian Tradespeople
Commercial vehicle insurance is a specialised type of coverage designed to protect vehicles used for business purposes. It covers a wide range of potential risks including accidents, theft, and damage, ensuring the vehicles vital to your work are adequately protected. This form of insurance is tailored specifically to mitigate the risks associated with using vehicles for trade and business, offering peace of mind to business owners. - read more
Choosing the Right Public Liability Policy: Tips for Australian Tradespeople
Choosing the Right Public Liability Policy: Tips for Australian Tradespeople
Public liability insurance is a type of coverage designed to protect businesses and their owners against claims that may arise from accidents or injuries that occur on their business premises or as a direct result of their business activities. For tradespeople, these policies can cover incidents such as property damage or personal injury to a customer or member of the public. - read more
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