Boat Loans Australia Weekly News: Boating and Marine Wrap
Each week, Boat Loans Australia Weekly News brings a clear, trustworthy wrap of Australian boating and marine stories. Expect concise coverage of industry developments, safety updates, regulations, technology, events and coastal conditions, plus context on why they matter. Designed for busy listeners, it’s a neutral, approachable recap that cuts the noise and keeps you current in minutes, week after week.
This Week:
Paige Estritori recaps this weeks marine finance news for Australian boaters. The RBA lifted the cash rate to about 3.85% on 3 February, which may flow through to marine loan pricing and borrowing power. APRAs new mortgage rule began on 1 February, capping banks high debt‑to‑income lending; it could affect those using home equity alongside a boat loan. She closes with practical scam‑avoidance tips for online boat listings and invites listeners to visit boat-loans.com.au to compare options, check repayments and apply online.
EPISODE 1233 | Boat Loans Australia Weekly News: Boating and Marine Wrap | Thu, 5th Feb 2026
9 Feb 2026 | Paige Estritori
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Read Full Transcript:
Hello and welcome to Boat Loans Australia Weekly News: Boating and Marine Wrap. Im Paige Estritori, and its Thursday, 5 February 2026.
First up, the Reserve Bank of Australia lifted the cash rate by a quarter of a percentage point on Tuesday, taking it to about three point eight five per cent. Lenders are likely to reprice, which can flow through to personal loans and secured marine finance, and it can trim borrowing capacity. If youre budgeting for a boat, run the numbers with a repayment calculator, compare fixed and variable options, and keep an eye on fees so you know your true cost.
Meanwhile, a new rule from APRA, the banking regulator, took effect on 1 February. APRA has introduced a cap on high debt‑to‑income, or DTI, home loans, limiting banks to no more than about 20 per cent of new lending at six times income or above. Its a mortgage rule, but it matters if youre planning to access home equity for a boat purchase or refinance alongside a marine loan. Expect some lenders to be more selective; tidy up other debts, have income documents ready, and allow time for approvals.
And with buyer activity picking up into late summer, a quick reminder on scams around online boat listings. Stick with reputable dealers or verified private sellers, inspect the boat and HIN in person, and avoid upfront transfers to unknown accounts. If the price looks unbelievable or the seller cant meet or video the vessel, pause and verify before you pay.
Thats the wrap. For tools to compare options, check repayments and start a straightforward online application, head to boat-loans.com.au. Im Paige Estritori—thanks for listening, and Ill see you next week.
⚠ 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
Deed in Lieu of Foreclosure: A deed instrument in which a borrower conveys all interest in a property to the lender to satisfy a loan that is in default and avoid foreclosure.
