- ASIC Calls for Improved Standards in Car Finance Lending
The Australian Securities and Investments Commission (ASIC) has conducted a comprehensive review of the motor vehicle finance sector, uncovering significant concerns regarding lending practices.
- MONEYME's Strategic Move: $455 Million Boost for Autopay's Growth
In a significant development within Australia's auto finance sector, non-bank lender MONEYME has successfully priced a $455.4 million asset-backed securitisation (ABS) for its secured car loan product, Autopay. This transaction marks the company's second major auto bond deal, following a $517.
- New Low-Interest Loans to Accelerate Electric Vehicle Adoption
In a significant move to promote the adoption of electric vehicles (EVs) among Australian consumers, the federal government has announced a new loan scheme designed to make EVs more accessible and affordable.
- Decline in Australia's Used Car Market: Sales and Listings Down
The Australian Automotive Dealer Association (AADA), in collaboration with AutoGrab, has released the November 2025 Automotive Insights Report (AIR), revealing a significant downturn in the used car market as the year concludes.
- New Partnership Aims to Reduce Electric Vehicle Costs for Australians
In a significant move towards promoting sustainable transportation, the Clean Energy Finance Corporation (CEFC) has committed up to $60 million in partnership with Hyundai Capital Australia (HCAU) to make electric vehicles (EVs) more affordable for Australian consumers.
- Australians Embrace Hybrid Vehicles Amid Rising Environmental Awareness
The Australian automotive market is witnessing a significant shift as consumers increasingly opt for hybrid vehicles, balancing practicality with environmental consciousness.
- Australian Used Car Market Ends 2025 on a Softer Note
The Australian Automotive Dealer Association (AADA), in collaboration with AutoGrab, has released the December 2025 Automotive Insights Report (AIR), revealing a significant downturn in the used car market as the year concluded.
- Plug-In Hybrid Vehicles Gain Momentum as Petrol Car Sales Decline in Australia
The Australian automotive market is witnessing a significant shift in consumer preferences, with plug-in hybrid vehicles (PHEVs) experiencing a remarkable surge in sales, while traditional petrol vehicle sales continue to decline.
- Macquarie Bank Transfers $1.5 Billion Car Loan Portfolio to Allied Credit
In a significant move within the Australian financial sector, Macquarie Bank has agreed to sell a $1.5 billion portfolio of car loans to Allied Credit, a leading independent financier in Australia. This portfolio encompasses over 50,000 car loans and is slated for transfer by the fourth quarter of 2025.
- ASIC's Findings Highlight Urgent Need for Reform in Car Finance Lending Practices
The Australian Securities and Investments Commission (ASIC) has recently unveiled findings from its comprehensive review of the motor vehicle finance sector, highlighting concerning trends that are likely to prompt a tightening of lending practices across the industry.
- Affordable Electric Vehicles: New Low-Interest Loans for Eligible Australians
The Australian government has launched a new initiative to make electric vehicles (EVs) more accessible to a broader segment of the population.
- Surge in Car Loan Delinquencies Sparks Financial Sector Worries
Australia is witnessing a notable increase in car loan delinquencies, raising alarms about the potential ripple effects on the broader financial sector. This trend reflects the financial strain many Australians are experiencing amid economic challenges.
- ASIC's Findings Highlight Urgent Need for Reform in Car Finance Lending Practices
The Australian Securities and Investments Commission (ASIC) has recently unveiled findings from its comprehensive review of the motor vehicle finance sector, highlighting concerning trends that are likely to prompt a tightening of lending practices across the industry.
- Affordable Electric Vehicles: New Low-Interest Loans for Eligible Australians
The Australian government has launched a new initiative to make electric vehicles (EVs) more accessible to a broader segment of the population.
- Surge in Car Loan Delinquencies Sparks Financial Sector Worries
Australia is witnessing a notable increase in car loan delinquencies, raising alarms about the potential ripple effects on the broader financial sector. This trend reflects the financial strain many Australians are experiencing amid economic challenges.
- ASIC Identifies Critical Issues in Australia's Car Finance Sector
The Australian Securities and Investments Commission (ASIC) has recently conducted a comprehensive review of the motor vehicle finance sector, uncovering significant concerns regarding lending practices.
- Australian Used Car Market Experiences Significant Supply Surge
The Australian Automotive Dealer Association (AADA), in collaboration with AutoGrab, has released the Mid-2025 Automotive Insights Report, revealing a substantial increase in the supply of used cars in the Australian market.
- New Government Initiative Offers Low-Interest Loans for Electric Vehicles
In a significant move to promote the adoption of electric vehicles (EVs) among Australian businesses, the government has announced a $50 million partnership with Metro Finance to provide low-interest loans for the purchase of EVs.
- ASIC's Findings Highlight Urgent Need for Reform in Car Finance Lending Practices
The Australian Securities and Investments Commission (ASIC) has recently unveiled findings from its comprehensive review of the motor vehicle finance sector, highlighting concerning trends that are likely to prompt a tightening of lending practices across the industry.
- Bank Australia's Bold Move: Phasing Out Loans for New Fossil Fuel Cars
In a significant shift towards environmental sustainability, Bank Australia has ceased offering car loans for new petrol, diesel, and hybrid vehicles as of February 2025. This policy change aligns with the bank's commitment to achieving carbon net-zero targets by 2035 and underscores its dedication to promoting electric vehicle (EV) adoption.
- ASIC Launches In-Depth Review of Motor Vehicle Finance Practices
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.
- APRA's New Cap on High Debt-to-Income Home Loans: What Borrowers Need to Know
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.
- ASIC's Findings Highlight Urgent Need for Reform in Car Finance Lending Practices
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.
- AADA's Latest Report Signals Cooling Trends in Australia's Used Car Market
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.
- MONEYME's Strategic Move: $455 Million Boost for Autopay's Growth
In a significant development within Australia's auto finance sector, non-bank lender MONEYME has successfully priced a $455.4 million asset-backed securitisation (ABS) for its secured car loan product, Autopay. This transaction marks the company's second major auto bond deal, following a $517.
- Anticipated Tightening of Car Loan Practices Following ASIC's Review
The Australian Securities and Investments Commission (ASIC) has recently unveiled findings from its comprehensive review of the motor vehicle finance sector, highlighting concerning trends that are likely to prompt a tightening of lending practices across the industry.
- ANZ Bank's $160 Million Fine Highlights Regulatory Compliance Failures
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.
- ASIC's Comprehensive Review of Australia's Motor Vehicle Finance Sector
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.
- Australian EOFY Car Deals Hit Record Highs in 2025
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.
- EV and Hybrid Vehicle Financing in Australia Reaches $6.17 Billion in 2024
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.
- Affordable Electric Vehicles: New Low-Interest Loans for Eligible Australians
The Australian government has launched a new initiative to make electric vehicles (EVs) more accessible to a broader segment of the population.
- RBA Weighs Additional Rate Cuts Amid Economic Indicators
The Reserve Bank of Australia (RBA) is currently evaluating the necessity of further interest rate cuts in light of recent economic developments. Following three reductions earlier this year, bringing the cash rate to 3.
- Navigating Car Loan Approval Timelines in Australia
Securing a car loan is a pivotal step for many Australians aiming to purchase a vehicle. Understanding the approval process and the time it takes can help set realistic expectations and facilitate a smoother experience.
- Current Car Loan Interest Rates in Australia: October 2025
As of October 2025, Australian borrowers have access to a variety of car loan options with competitive interest rates. Understanding the current landscape can assist in making informed financing decisions.
