Australian Car Finance Motoring, Market and Policy News
Each week, Australian Car Finance brings a clear, trustworthy wrap of the biggest motoring and market stories. We sift through policy updates, dealership trends, EV developments, ownership costs, consumer rights, and industry data to help you stay informed and confident. Expect concise headlines, plain-English context, and what it means for Australian drivers and car buyers. No hype—just a dependable, repeatable briefing you can catch on your commute, so you’re up to speed before the weekend.
This Week:
Paige Estritori wraps the week for Australian car buyers: EVs hit about 20% of May sales and an EV topped the charts; EOFY ‘bargains may hide inflated pricing and extra fees; lenders sent mixed rate signals as some fixed rates fell and savings rates rose, with the next RBA meeting on 16 June; and households savings eased to about 6%, reinforcing the need to budget repayments carefully. Practical tips include using calculators, comparing secured vs unsecured loans, checking comparison rates and fees, and arranging pre‑approval before heading to the dealership.
EPISODE 2072 | Australian Car Finance Motoring, Market and Policy News | Tue, 9th Jun 2026
9 Jun 2026 | Paige Estritori
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Hello and welcome to Australian Car Finance Motoring, Market and Policy News; Im Paige Estritori, and its Tuesday 9 June 2026.
First up, Mays sales data shows electric vehicles, or EVs, have gone truly mainstream. EVs made up about one in five new cars sold last month, and an EV topped Australias monthly sales chart for the first time. That momentum matters if youre shopping now: model choice is widening, running costs can be lower, and some lenders offer green loan options. Use our calculators to compare total cost of ownership and line up pre‑approval so you can move quickly when you find the right car.
Next up, end of financial year, or EOFY, “bargains” arent always what they seem. Industry voices warn some discounts are just inflated prices marked down, and add‑on fees can erode the saving. Go in with a firm drive‑away budget, insist on an itemised, written quote, and compare finance independently, not just whats offered in‑house.
Meanwhile, rates are sending mixed signals. After three cash rate rises this year, some big lenders trimmed selected fixed home‑loan rates last week while another nudged fixed rates higher, and many banks have lifted savings rates. It all points to a market feeling for a peak, but car‑loan pricing still varies widely by profile. Compare secured and unsecured options, check the comparison rate and fees, and consider getting pre‑approval to hold your budget. The Reserve Bank of Australia, or RBA, meets again on Tuesday 16 June, so expect more headlines.
And the broader budget picture: the Australian Bureau of Statistics reports households saved about six per cent of their income in the March quarter, down from about seven per cent. That suggests buffers are under pressure, so set your car‑buying plan around repayments you can comfortably manage, not just the ticket price. Test different terms with a calculator and keep a little room in the budget for insurance, rego and servicing.
Thats it for this week. For clear comparisons, easy‑to‑use calculators, and help getting pre‑approval sorted, head to australian-car-finance.com. Im Paige Estritori—thanks for listening, and safe driving.
The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
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Knowledgebase
Working Capital: A measure of a company's short-term financial health, calculated as current assets minus current liabilities.
