- What a Softer Vehicle Market Means for Your Next Car Loan
Australia’s vehicle market is showing signs of a more cautious buyer mood, with recent industry updates pointing to softer momentum after a strong run in new-car demand. For households and small businesses, that shift matters because it can change the balance of power at the dealership.
- What the Latest RBA Hold Means for Car Loan Shoppers
Australian borrowers have been given a little more certainty after the Reserve Bank of Australia left the cash rate unchanged at 4.35%, shifting attention from further rate rises to how long higher borrowing costs may remain in place.
- How Australia’s Vehicle Emissions Rules Could Affect Your Next Car Loan
Australia’s New Vehicle Efficiency Standard is now a key factor for anyone planning to buy a new car, ute or SUV. The policy is designed to push the local market towards lower-emission vehicles by setting annual efficiency targets for manufacturers and importers.
- Why July’s Low Car Loan Rates Need a Closer Look
Australian car buyers have been given a fresh reminder this month that a low advertised interest rate is only one part of the finance decision. Canstar’s July 2026 car loan comparison update shows secured car loan offers starting from 5.
- What July's Lowest Car Loan Rates Mean for Buyers
Australian car buyers have a fresh reminder this week that the lowest advertised rate is not always the same as the cheapest loan. Canstar's latest July 2026 car loan comparison update shows secured car loan offers starting from 5.
- Non-Bank Lenders Now Play a Bigger Role in Australian Car Finance
A new Australian Finance Industry Association report, released on 5 June 2026, highlights how important non-bank lenders have become in the vehicle finance market. According to the report, motor finance non-bank lenders helped 507,000 consumer and commercial customers buy vehicles in 2025, providing $24.4 billion in loans.
- Electric Vehicles Capture 20% of Australian New Car Market
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.
- ASIC Calls for Enhanced Standards in Auto 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.
- Electric Vehicle Financing Defies Market Trends with 48% Growth
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.
- Understanding the Impact of RBA's Rate Hikes on Your Borrowing Power
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.
- Toyota Expands Electric Vehicle Offerings with Hilux BEV and bZ4X Touring
Toyota has made significant strides in the Australian electric vehicle (EV) market with the recent launch of the Hilux BEV and the bZ4X Touring. These additions reflect Toyota's commitment to providing a diverse range of low-emission vehicles tailored to various consumer preferences.
- Electric Vehicles Capture 16.4% of Australian New Car Sales in April 2026
In April 2026, electric vehicles (EVs) accounted for 16.4% of all new car sales in Australia, marking a significant milestone in the nation's automotive market. This equates to approximately one in every six new vehicles sold being electric, highlighting a rapid shift towards sustainable transportation.
- Australian Dwelling Finance Approvals Experience 3.8% Decline in First Quarter of 2026
The Australian housing finance sector has witnessed a significant downturn, with new dwelling finance approvals falling by 3.8% in the first quarter of 2026. This marks the largest quarterly decline in three years, signaling potential challenges within the housing market.
- RBA Increases Cash Rate to 4.35% in May 2026
The Reserve Bank of Australia (RBA) has raised the cash rate by 25 basis points, bringing it to 4.35% as of May 2026. This decision comes despite recent inflation figures showing a slight decrease, indicating the RBA's commitment to steering inflation back within its target range of 2% to 3%.
- Macquarie Bank's Mortgage Portfolio Expands by 27% in 2026
Macquarie Bank has reported a significant 27% increase in its residential mortgage portfolio over the past year, solidifying its position as Australia's fifth-largest lender. This growth highlights Macquarie's successful strategies in capturing a larger share of the mortgage market, traditionally dominated by the big four banks.
- Australian Savings Rates Climb to 5.50% in March 2026
As of March 2026, Australian savers are witnessing the highest interest rates on savings accounts in over a year, with rates reaching up to 5.50%. This increase is largely driven by recent cash rate hikes implemented by the Reserve Bank of Australia (RBA).
- MG HS Super Hybrid: Save $5,000 in EOFY Deal
MG has announced a significant price reduction on its HS Super Hybrid range as part of its End of Financial Year (EOFY) M-Genius campaign.
- EOFY 2026: Tradie Ute and Car Finance Timing Tips
As the End of Financial Year (EOFY) approaches, tradies planning to finance a new ute or work vehicle should be mindful of critical timing considerations to maximise tax benefits and avoid processing delays.
- Carconnect's Collapse: Impact on Australian Car Buyers
In early March 2026, Australian online car-buying platform Carconnect entered voluntary administration, leaving approximately 200 customers without the vehicles they had paid for.
- Best Electric Vehicle Car Loans Available in Australia This April
As the adoption of electric vehicles (EVs) accelerates across Australia, securing the right financing becomes crucial for prospective buyers. This April, several lenders are offering attractive car loan options tailored for EV purchases. Here’s a curated list of the top five car loans to consider:
- Australia's EV Financing Hits $7.37 Billion in 2025
In 2025, Australia's electric and hybrid vehicle financing reached a remarkable $7.37 billion, marking a 20% increase from the previous year. This surge reflects the growing consumer shift towards cleaner transportation options.
- Record EV Sales in Australia as Fuel Prices Soar
In March 2026, electric vehicles (EVs) achieved a record 17.9% market share in Australia, nearly one in five new cars sold being electric. This significant uptick is largely attributed to escalating fuel prices and growing concerns over fuel security.
- New Government Initiative Offers Discounted Financing for Volkswagen Group EVs
The Australian government's Clean Energy Finance Corporation (CEFC) has announced a partnership with Volkswagen Group to offer discounted financing for electric vehicles (EVs). This initiative provides up to a 1% reduction in standard loan rates for eligible EVs priced below the Luxury Car Tax threshold of $91,387.
- China Overtakes Japan as Australia's Top Vehicle Import Source
February 2026 witnessed a significant shift in Australia's automotive import landscape, with China surpassing Japan as the largest source of new vehicles. This marks the first time in 28 years that Japan has been dethroned from the top spot.
- Rising Fuel Prices Accelerate Australia's Shift to Electric Vehicles
As fuel prices in Australia continue to climb, reaching up to $2.50 per litre for unleaded petrol and surpassing $3 per litre for diesel, a growing number of consumers are turning to electric vehicles (EVs) as a cost-effective alternative.
- 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.
- Australia's Car Buying Experience Transformed by Digital Finance
Australia's automotive market is undergoing a significant transformation, driven by the rapid adoption of digital finance solutions. As consumers increasingly turn to online platforms for their financial needs, the car buying process is becoming faster, more transparent, and user-friendly.
- Decline in Australia's Used Car Market: Sales and Listings Down
The Australian used car market has shown signs of cooling, with both sales and listings experiencing a decline towards the end of 2025. This trend reflects a shift in consumer behavior and market dynamics after a prolonged period of heightened activity.
- Carconnect's Administration: Impact on Australian Car Buyers
In early March 2026, Australian car-buying platform Carconnect entered voluntary administration, leaving approximately 200 customers without the vehicles they had paid for. This unexpected development has raised significant concerns about consumer protection within the online car purchasing sector.
- ASIC's Findings Highlight Urgent Need for Reform in Car Finance Lending Practices
The Australian Securities and Investments Commission (ASIC) has conducted a comprehensive review of the motor vehicle finance sector, uncovering significant concerns regarding lending practices.
- Australian Car Buyers Postpone Finance Decisions Amid Market Uncertainty
Recent research from carsales has revealed a notable shift in the timing of car finance decisions among Australian buyers. The study indicates that only 71% of buyers have decided how they will pay for their car before beginning their search, down from 77% in previous years.
- New Partnership Offers Discounted Loans for Hyundai and Kia Electric Vehicles
The Clean Energy Finance Corporation (CEFC) has announced a partnership with Hyundai Capital Australia (HCAU) to offer discounted financing options for eligible Hyundai and Kia electric vehicles (EVs). This initiative aims to reduce the upfront costs associated with EV ownership, making it more accessible for Australian households and small businesses.
- ASIC Identifies Concerning Practices in Australia's Car Finance Sector
The Australian Securities and Investments Commission (ASIC) has conducted a comprehensive review of the motor vehicle finance sector, uncovering significant issues that raise concerns about consumer protection and responsible lending practices.
- Surge in Used Hybrid Car Sales Reflects Australia's Shift Towards Sustainable Transportation
The Australian automotive market is witnessing a notable increase in the sales of used hybrid vehicles, indicating a growing consumer preference for sustainable yet practical transportation options.
- 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.
