Sat, 16th May 2026
from Finance News Wrap Hosted by Paige Estritori
This week's episode of the Weekly Finance News Wrap discusses recent developments in Australia's finance world. The marina maintenance company, The Boat Works, has begun a new expansion project, attracting attention from Marine Solutions Australia. There are also notable changes in borrowing habits in the credit market, with high-risk SMEs "credit shopping" at a significantly increased rate. These patterns seem to be influenced by various factors, including stricter lending criteria and economic pressures. Firstmac has introduced secured caravan loans, in response to growing demand for lifestyle financing. Meanwhile, the Australian Prudential Regulation Authority has implemented a policy limiting new loans to borrowers with high debt-to-income ratios, aiming to prevent excessive borrowing and ensure financial stability. Stealthy investment and sensible borrowing practices are advised in light of these events. Stay tuned for more financial news at financialservicesonline.com.au.n
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