Wed, 1st Jul 2026

In this episode, Paige Estritori brings the latest finance news wrap for Financial Services Online. Significant changes in personal loan rates for motorbike purchases are highlighted, with rates varying from mid-five percent to twenty-nine percent. Factors governing borrowing capacity are discussed. Electric vehicle (EV) market news includes Chery's new compact Q model soon to hit Australia, set to disrupt the budget EV scene. ASIC's concerns over underlying risks in the car finance market after auditing over 350K loans are also shared, with emphasis on caution for potential EV buyers. Lastly, shifts in the Australian housing market are causing changes to refinancing decisions, with significant drops in house prices expected in Sydney and Melbourne while Perth, Brisbane, and Adelaide could see growth. Personal and business loan finance help is available on financialservicesonline.com.au.n