Fri, 17th Oct 2025
from Finance News Wrap Hosted by Paige Estritori
In this episode of Weekly Finance News Wrap, Paige Estritori discusses key financial events. Westpac has divested its auto finance loan book to Resimac Group, strengthening Resimac's asset finance division. The Reserve Bank of Australia is confident in the resilience of the domestic financial system, even amidst global uncertainties, urging business owners to stay wary of global and economic developments. Meanwhile, consumer sentiment experiences a downward trend, indicated by the Westpac-Melbourne Institute survey. In contrast, Australias motorcycle market shows an upward trend in scooter sales showing a potential shift in urban travel patterns. For more updates and loan services information, visit financialservicesonline.com.au.
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