| ANZ's Nuno Matos Takes Helm at Australian Banking Association Thu, 04 Dec: 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 Thu, 04 Dec: 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 Thu, 04 Dec: 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 Thu, 04 Dec: 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
|
| Australia to Cap High Debt-to-Income Home Loans from February to Curb Housing Risks Thu, 04 Dec: 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 Wed, 03 Dec: 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 Wed, 03 Dec: 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 Wed, 03 Dec: 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 Wed, 03 Dec: 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 Wed, 03 Dec: 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 Wed, 03 Dec: 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 Wed, 03 Dec: 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 Wed, 03 Dec: 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 Wed, 03 Dec: 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 Wed, 03 Dec: 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 Wed, 03 Dec: 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 Wed, 03 Dec: 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 Tue, 02 Dec: 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 Tue, 02 Dec: 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 Tue, 02 Dec: 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 Tue, 02 Dec: 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 Tue, 02 Dec: 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 Tue, 02 Dec: 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 Tue, 02 Dec: 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 Tue, 02 Dec: 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
|
Author:
Please Note: If this information affects you or is relevant to your circumstances, seek advice from a licensed professional.
