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Car Loans Australia Articles

Car Loans Australia recommends the following articles which we hope you find of interest.

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Car Loans Articles

5 Strategies for Balancing Your Budget with a New Car Loan
5 Strategies for Balancing Your Budget with a New Car Loan
With the excitement of purchasing a new vehicle, the financial responsibilities that come with a new car loan can often be overlooked. Balancing your budget when you have taken on a new car loan is crucial to financial well-being and long-term happiness with your purchase. In this article, we will explore five practical strategies that can help you navigate the common financial challenges that accompany car loans. - read more
Car Loans: Secured vs Unsecured
Car Loans: Secured vs Unsecured
Car loans play a pivotal role in empowering individuals to afford their own vehicle, which can be a significant purchase. These loans, structured to fit within one's financial situation, can ease the burden of acquiring a car and assist in achieving personal convenience and mobility. - read more
How to Create a Flexible Budget for Your Next Car Purchase
How to Create a Flexible Budget for Your Next Car Purchase
When it comes to buying a car, particularly a used one, having a flexible budget is essential. Flexible budgeting allows you to adjust your spending plan according to your current financial situation and any unexpected changes that might occur. This adaptability is crucial in managing your finances effectively and ensuring you make a purchase that won't strain your resources. - read more
Top Tips for Australians Navigating the Online Car Market
Top Tips for Australians Navigating the Online Car Market
The Australian automotive landscape has witnessed a significant transformation with the rise of online car sales. The concept of browsing, selecting, and purchasing a vehicle through digital platforms has gained immense popularity, offering consumers a vast array of choices at their fingertips. - read more
From Fuel to Finance: A Comprehensive Breakdown of Car Costs
From Fuel to Finance: A Comprehensive Breakdown of Car Costs
When it comes to owning a car in Australia, many of us view it as a symbol of freedom, an essential convenience, or even a reflection of our personal style. Yet, for all the road trips planned and errands run, the cost of owning a car extends well beyond the sticker price. - read more
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Finance News

Westpac Divests Auto Finance Loans to Resimac Group
Westpac Divests Auto Finance Loans to Resimac Group
16 Oct 2025: Paige Estritori
In a strategic move to concentrate on its core banking operations, Westpac Banking Corp has announced the sale of its auto finance loan book to non-bank lender Resimac Group. The transaction is valued between A$1.4 billion and A$1.6 billion and is expected to be completed by the first half of 2025. - read more
ANZ Bank Penalised A$240 Million for Regulatory Misconduct
ANZ Bank Penalised A$240 Million for Regulatory Misconduct
16 Oct 2025: Paige Estritori
In a significant development within Australia's banking sector, ANZ Bank has agreed to pay a record-breaking A$240 million fine for a series of regulatory breaches. This penalty, imposed by the Australian Securities and Investments Commission (ASIC), underscores the importance of compliance and transparency in financial institutions. - read more
ASIC Commences In-Depth Review of Motor Vehicle Finance Practices
ASIC Commences In-Depth Review of Motor Vehicle Finance Practices
16 Oct 2025: Paige Estritori
The Australian Securities and Investments Commission (ASIC) has embarked on a thorough review of the motor vehicle finance sector, aiming to bolster consumer protections and ensure industry-wide compliance with responsible lending obligations. This initiative is particularly focused on the experiences of borrowers in regional and remote areas, including First Nations communities. - read more
ASIC Initiates Comprehensive Review of Motor Vehicle Finance Practices
ASIC Initiates Comprehensive Review of Motor Vehicle Finance Practices
08 Oct 2025: Paige Estritori
The Australian Securities and Investments Commission (ASIC) has commenced a thorough review of the motor vehicle finance sector, aiming to bolster consumer protections and ensure industry-wide compliance. This initiative is particularly focused on the experiences of borrowers in regional and remote areas, including First Nations communities. - read more
Macquarie Transfers $1.5 Billion Car Loan Portfolio to Allied Credit
Macquarie Transfers $1.5 Billion Car Loan Portfolio to Allied Credit
08 Oct 2025: Paige Estritori
In a significant development within the Australian financial sector, Macquarie Group's Banking and Financial Services division has agreed to sell a substantial portion of its car loan portfolio, valued at $1.5 billion, to Allied Credit. This transaction involves over 50,000 car loans and is expected to be finalised by the fourth quarter of 2025. - read more

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Knowledgebase
Escrow:
An arrangement in which a third party temporarily holds money or property until a particular condition has been met.