Fri, 15th May 2026
from Finance News Wrap Hosted by Paige Estritori
In this Weekly Finance News Wrap for May 11-15, 2026, the Australian Prudential Regulation Authority introduces a measure to cap high debt-to-income new loans, aiming to enhance financial stability. New truck and van deliveries reportedly experienced a decline in sales, offering opportunities for cost-effective used options and financing. The Reserve Bank of Australia increased the official cash rate by 0.25 percentage points to 4.35% due to rising inflation coupled with high car fuel prices, impacting business cash flows and necessitating financial strategy reassessment. Finally, non-bank lender Firstmac launched its first caravan loan product to meet the rising demand for lifestyle financing, offering competitive rates and flexibility to homeowners. Stay informed on personal and business finance at financialservicesonline.com.au.
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