Car Loans News

Aussies buying more cars, making more purchase plans

The latest trend data from the Australian Bureau of Statistics (ABS) shows an increase in new car purchases over the past month. Meanwhile, more Australians are making plans to buy a new car in the next four years, according to Roy Morgan research.

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).