Fri, 17th Oct 2025 - Financial Services News Wrap

What this episode covers

In this Financial Services Online podcast, Paige Estritori wraps up key industry news. Westpac Banking Corp has sold its auto finance loan book to Resimac Group for between A$1.4 billion to A$1.6 billion—a transaction expected to be completed in early 2025. Despite global uncertainties, the Reserve Bank of Australia's 2025 October Financial Stability Review underlines a solid financial system in Australia. Consumer sentiment in Australia, however, fell for the second consecutive month, signaling potential caution for businesses. Lastly, despite an overall market decline, scooter sales in the country jumped by 4.6% in the first nine months of 2025, driven by urban commuters' demand for efficient transport.

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When was this Financial Services News Wrap episode published?

This episode was published on October 16, 2025.

What is this episode about?

In this Financial Services Online podcast, Paige Estritori wraps up key industry news. Westpac Banking Corp has sold its auto finance loan book to Resimac Group for between A$1.4 billion to A$1.6 billion—a transaction expected to be completed in...

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