Car Loans News

ACCC urges Aussies to use fuel price websites

In a statement released today, Australian Competition & Consumer Commission (ACCC) Chairman Rod Sims has urged Aussies to empower themselves by using fuel price data from website and apps.

ASIC bans flex commissions to encourage fairer car finance

A formal ban on car finance flex commissions has been introduced by the Australian Securities & Investments Commission (ASIC), to help protect financially inexperienced consumers from excessive interest charges on their car loans.

Sales of new motor vehicles hits speed bump

Car sales fell during July, although sales volumes moderately increased over the year, according to new data from the Australian Bureau of Statistics.

ACCC cracking down on car industry

The draft report illustrates an urgent need to address widespread issues, with the ACCC receiving more than 10,000 complaints over the last two years.

ACCC takes action against Holden

QBE refunds car insurance after ASIC review

Insurance provider QBE has paid out $15.9 million in refunds to car insurance customers who were receiving little to no benefit from their policies, following a review from the Australian Securities & Investments Commission (ASIC).

Aussies love cars more, petrol less

Our love affair with cars has deepened over the past five years, according to new data from the Australian Bureau of Statistics.

Cars? In this Economy?

Australians are less confident about their finances now than they were at the beginning of 2017, according to Roy Morgan Research.

Car crime stats up

Keep an eye on your car keys – new figures from the Australian Bureau of Statistics (ABS) show that in 2016, car crime across Australia reached its highest level since 2012, driven by spiking car theft numbers in key states.

Sales of new motor vehicles climb 4.9%

One of Australia’s key economic indicators has performed quite strongly over the past year, new data has revealed.

Car loan provider slugged $11m for lending violations

Motor Finance Wizard will pay more than $11 million to address concerns about its lending practices.

Aussie car sales on the increase

Aussies are buying more new cars, with four wheel drives and similar vehicles leading the pack, according to new figures from the Australian Bureau of Statistics (ABS).