Car Loans Australia Weekly Motoring and Market News Wrap
Each week, get a concise wrap of the biggest motoring headlines across Australia: new model launches, dealer trends, running costs, safety recalls, EV updates, road-rule changes, and consumer policy shifts. We cut through the noise with plain-English summaries and practical takeaways for everyday drivers and car buyers. Stay informed in minutes and feel confident about your next move on the road, wherever you live in Australia.
This Week:
RBA watchers tip a June hold after unemployment lifts, offering car buyers a short breather but not relief from cost pressures. The government confirms a phased wind‑back of the EV Fringe Benefits Tax, making timing and model choice crucial for novated leases through to 1 April 2029. And borrowers are urged to seek hardship help early to protect their credit history. Paige Estritori explains what it means for budgets and how Car Loans Australia can help compare lenders and tailor quotes.
EPISODE 1926 | Car Loans Australia Weekly Motoring and Market News Wrap | Sun, 24th May 2026
6 Jun 2026 | Paige Estritori
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Hello and welcome to the Car Loans Australia Weekly Motoring and Market News Wrap with me, Paige Estritori, for Sunday, 24 May 2026.
First, rates. After three cash‑rate hikes this year, new analysis this week points to the Reserve Bank of Australia, or RBA, likely holding steady at its June meeting as unemployment nudged to about four and a half per cent. That pause would be a breather, not a signal that cost pressures are gone. If youre shopping for a car, set a firm repayment budget and compare lenders now so youre not caught out if things move later. Our free eligibility check makes that easy.
Next up, electric vehicles and tax. The government has confirmed a phased wind‑back of the Fringe Benefits Tax, or FBT, break for EVs announced in the Budget, with the final step due on 1 April 2029. If youre considering a novated lease through work, timing and vehicle choice will matter more over the next few years. Run the numbers before and after the rule changes and compare finance options so you can decide with confidence.
Meanwhile, more Australians are asking for help with repayments. Experts reminded borrowers this week that avoiding your lender when moneys tight can hurt your credit history more than seeking formal hardship support. If youve had a change in income or rising costs are squeezing you, talk early and document a plan. And if youre replacing a car, we can review options across a wide panel and tailor quotes to your situation, including self‑employed and credit‑challenged applicants.
Thats the wrap. Want personalised numbers on your next car or EV? Visit car-loans-australia.com and tap the Free Car Loan Assessment. Im Paige—see you next week.
The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
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