Sat, 18th Oct 2025
from Finance News Wrap Hosted by Paige Estritori
In this episode of the Weekly Finance News Wrap, the focus turns to key developments in the banking sector and the caravan industry. Westpac Banking Corp's streamlining operations continue, as Resimac Group acquires their auto finance loan book in a transaction between 1.4 and 1.6 billion AUD. This significant shift in operations may result in changes to loan term conditions for borrowers. In Australia's caravan industry, Crusader Caravans has launched a cost-effective range, Dreamhaven, catering to first-time buyers or upgrades. Titanium Caravans introduced luxury off-road models, the WS1 and TS1. ANZ Group is pausing its 800 million AUD share buyback, redirecting resources toward a strategic overhaul to counter regulatory challenges, an effort that involves substantial cost savings and job cuts.n
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