Wed, 8th Apr 2026

In this episode of the Financial Services News Wrap, Paige Estritori discusses key financial developments in Australia. The Reserve Bank of Australia has increased the official cash rate to 4.10% due to inflationary pressures and rising global oil prices. This move, aimed at managing inflation, may slow consumer spending and growth. Australia's commercial marine sector was spotlighted at the inaugural Commercial Marine Conference which emphasised its significant economic contribution. In the lending sector, non-bank lenders are increasing court actions, creating new opportunities but also potential risks for SMEs. Finally, despite a slight drop in motorcycle sales in 2025, off-road bikes and scooters showed resilience, with market domination by Yamaha, Honda, and Kawasaki.