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  • Austal's $100 Million Boost for U.S. Shipyard Expansion

    Austal Limited, a prominent Australian shipbuilder, has secured a substantial $100 million loan from Export Finance Australia (EFA) to bolster its shipbuilding operations in Mobile, Alabama. This strategic investment aims to enhance the construction of vessels for the U.S.

  • BIA and AFTA Collaborate to Boost Australia's Boating and Fishing Sectors

    In a significant move for Australia's outdoor recreation sector, the Boating Industry Association (BIA) and the Australian Fishing Trade Association (AFTA) have formalized an agreement to collaborate more closely. This partnership is designed to benefit their combined membership base and bolster support for boat-based fishing across the nation.

  • Marinex Underwriting Sets Sail in Australian Marine Insurance Market

    The Australian marine insurance landscape has welcomed a new entrant with the launch of Marinex Underwriting. This agency, backed by global specialty insurance distributor Amwins, is the third venture incubated by the Rhodian Group, a company dedicated to developing specialized underwriting agencies in Australia.

  • Austal Limited Expands Patrol Boat Fleet with New $135 Million Contract

    Austal Limited, a prominent Australian shipbuilder, has secured a contract extension worth over $135 million to construct two additional Evolved Cape-class Patrol Boats for the Australian Border Force. This development increases the total number of these vessels to 14, underscoring Austal's pivotal role in bolstering Australia's maritime surveillance capabilities.

  • MitchCap and BIA Collaborate to Boost Financial Literacy in Marine Industry

    The Boating Industry Association (BIA) and MitchCap have announced a strategic partnership to launch a three-year Industry Financial Skills and Awareness Program aimed at enhancing financial literacy within Australia's marine sector.

  • BIA and AFTA Forge Partnership to Strengthen Boating and Fishing Sectors

    In a significant move for Australia's outdoor recreation sector, the Boating Industry Association (BIA) and the Australian Fishing Trade Association (AFTA) have formalized an agreement to collaborate more closely. This partnership is designed to benefit their combined membership base and bolster support for boat-based fishing across the nation.

  • Australia's Marine Industry Surges to $229 Billion in 2023

    Australia's marine industry has achieved a remarkable economic milestone, with its output soaring to $229 billion in 2023. This 19% increase from previous years underscores the sector's robust growth and its pivotal role in the national economy.

  • BIA Calls for Strategic Support in Australia's Marine Manufacturing Sector

    The Boating Industry Association Ltd (BIA) has recently called upon all levels of Australian government to provide strategic support to the nation's marine manufacturing and recreational boating sector. This appeal comes in response to a significant skills shortage that threatens the industry's substantial economic contributions.

  • Austal Limited Bolsters U.S. Shipbuilding with $100 Million EFA Loan

    Austal Limited, a prominent Australian shipbuilder, has secured a $100 million loan from Export Finance Australia (EFA) to support the expansion of its shipbuilding operations in Mobile, Alabama.

  • Promoting Safe and Responsible Boating: BIA's New Initiative

    The Boating Industry Association (BIA) has recently unveiled a significant initiative aimed at fostering responsible boat ownership across Australia and New Zealand.

  • Addressing Skills Shortages: BIA's Call for Government Action

    The Boating Industry Association Ltd (BIA) has issued a compelling appeal to all levels of Australian government, emphasizing the urgent need for strategic support to bolster the nation's esteemed marine manufacturing and recreational boating sector.

  • Celebrating Marine Innovation at the Sydney International On-Water Boat Show

    The 56th Sydney International On-Water Boat Show recently concluded after four dynamic days at Darling Harbour, drawing over 20,000 visitors and highlighting the latest advancements in marine design and technology.

  • Urgent Call for Government Support in Australia's Marine Manufacturing Sector

    The Boating Industry Association Ltd (BIA) has recently issued a compelling appeal to all levels of Australian government, emphasizing the urgent need for strategic support to bolster the nation's esteemed marine manufacturing and recreational boating sector.

  • Australia's Marine Industry Set for Unprecedented Growth by 2030

    At the 2025 Sydney Boat Show, the Boating Industry Association (BIA) unveiled the National Recreational Boating Statement, providing a comprehensive overview of the sector's current status and future projections.

  • Australia Partners with Japan for Advanced Naval Frigate Program

    In a significant development for Australia's naval defense strategy, the Australian Government has officially selected Japan's New FFM design for its new general-purpose frigate program. This decision marks a pivotal step in enhancing the Royal Australian Navy's capabilities and underscores the strengthening defense collaboration between Australia and Japan.

  • Australia's Marine Industry Surges to $229 Billion in 2023

    Australia's marine industry has achieved a remarkable economic milestone, with its output soaring to $229 billion in 2023. This 19% increase from previous years underscores the sector's robust growth and its pivotal role in the national economy.

  • South Australia's Coastal Waters Affected by Prolonged Algal Bloom

    Since March 2025, South Australia's coastal regions have been grappling with a harmful algal bloom (HAB) that has had profound effects on the marine environment and associated industries.

  • Marinex Underwriting Launches to Address Australia's Marine Insurance Needs

    Rhodian Group, an incubator of underwriting agencies in Australia, has announced the launch of its third agency, Marinex Underwriting. Backed by global specialty insurance distributor Amwins, Marinex is a shared equity marine underwriting agency co-founded by national relationship manager Janelle Karnib, CEO Chris Kelly, and Ainsley Smith.

  • Queensland Government Invests in Marine Industry Workforce

    The Queensland Government has recently partnered with the Boating Industry Association (BIA) to significantly enhance the Marine Jobs program throughout the state. This collaboration is set to provide a substantial boost to employment opportunities within Queensland's marine sector, which boasts the highest concentration of marine businesses in Australia.

  • BIA and AFTA Collaborate to Enhance Boating and Fishing Industries

    In a significant move for Australia's outdoor recreation sector, the Boating Industry Association (BIA) and the Australian Fishing Trade Association (AFTA) have formalised an agreement to collaborate more closely. This partnership is designed to benefit their combined membership base and bolster support for boat-based fishing across the nation.

  • South Australia's Algal Bloom: A Challenge for the Marine Industry

    Since March 2025, South Australia's coastal regions have been grappling with a harmful algal bloom (HAB) that has had profound effects on the marine environment and associated industries.

  • Maritimo's Resilience: A Beacon in Australian Yacht Manufacturing

    In an era where many Australian manufacturing sectors have faced decline, Gold Coast-based luxury yacht builder Maritimo stands out as a testament to resilience and innovation.

  • Mercury Marine's Dominance at the Sydney International Boat Show

    Mercury Marine, a division of Brunswick Corporation, has solidified its position as a leader in the marine industry by accounting for 50% of all outboard engines displayed at the Sydney International Boat Show.

  • Engage Marine Secures Funding Partner to Fuel National Expansion

    Engage Marine, a leading provider of marine services in Australia, has announced a strategic partnership with PGIM Private Capital to fund its growth opportunities and expand its services nationwide. PGIM Private Capital, the private capital arm of Prudential Financial, Inc.

  • Marinex Underwriting Sets Sail in Australian Marine Insurance Market

    The Australian marine insurance landscape has welcomed a new entrant with the launch of Marinex Underwriting. This agency, backed by global specialty insurance distributor Amwins, is the third venture incubated by the Rhodian Group, a company dedicated to developing specialised underwriting agencies in Australia.

  • Austal Limited Bolsters U.S. Shipbuilding with $100 Million EFA Loan

    Austal Limited, a prominent Australian shipbuilder, has secured a $100 million loan from Export Finance Australia (EFA) to support the expansion of its shipbuilding operations in Mobile, Alabama.

  • AMMF Partners with AFG to Broaden Asset Finance Offerings

    Australian Motorcycle & Marine Finance (AMMF) has joined the Australian Finance Group (AFG) panel, a move set to expand asset finance options available to brokers and their clients. This partnership integrates AMMF's specialised financing solutions into the AFG Business platform, enhancing the range of products accessible to brokers.

  • Australian Marine Industry Achieves $229 Billion Economic Milestone

    The Australian marine industry has reached a remarkable economic milestone, with its output soaring to $229 billion in 2023. This 19% increase from previous years underscores the sector's robust growth and its pivotal role in the national economy.

  • Coffs Harbour Marina Transformed with World-Class Upgrade

    Marine Structures, Australia's leading marine infrastructure provider, has successfully completed a multi-million-dollar upgrade of the Coffs Harbour Marina. This significant development delivers a world-class boating facility to the New South Wales coast, enhancing the experience for both local and visiting boating enthusiasts.

  • MA Financial's Strategic Expansion: Acquiring Brisbane's East Coast Marina

    MA Financial, a prominent alternative asset manager, has recently expanded its marina portfolio by acquiring the East Coast Marina in Brisbane for $33 million. This strategic move underscores the company's commitment to capitalizing on the increasing demand for boat berths along Australia's east coast.

  • Commonwealth Bank Seizes Control of Jon Adgemis' Yacht Amid Financial Turmoil

    In a significant development within the marine finance sector, Commonwealth Bank has appointed receivers to The Yacht Pty Ltd, a company owned by embattled publican Jon Adgemis.

  • Australians Leverage Boat Rentals to Offset Rising Living Costs

    In response to escalating living expenses, many Australians are transforming their personal boats into income-generating assets. This trend is particularly evident among middle to upper-middle income earners aged 25 to 55, who are seeking innovative ways to manage financial pressures.

  • Advocating for a National Strategic Fleet to Strengthen Australia's Maritime Industry

    Australia's maritime industry is at a crossroads, with only nine Australian-crewed ships currently in operation. This decline has prompted calls for the establishment of a National Strategic Fleet to secure supply chains and revitalize the sector.

  • Maritimo Celebrates Two Decades of Australian Boat Manufacturing Excellence

    In an era where many manufacturing sectors have shifted offshore, luxury boatbuilder Maritimo stands as a testament to the resilience and innovation of Australian manufacturing. Celebrating its 20th anniversary, Maritimo continues to produce world-class motor yachts from its Gold Coast facility.

  • Austal's $200 Million Equity Raising to Fuel Expansion

    Austal, the ASX-listed shipbuilder, has announced plans for a $200 million equity raising to support its strategic growth initiatives. This move comes after the company attracted multiple suitors over the past two years but did not finalize any bids.

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Boat Loans Articles

Don’t Sink Your Finances: Budgeting Tactics for Boat Upkeep
Don’t Sink Your Finances: Budgeting Tactics for Boat Upkeep
Owning a boat can be a dream come true, offering endless adventures on the water. However, it's essential to understand that boats come with their own set of financial responsibilities. Without proper budgeting, the joy of boat ownership can quickly turn into a financial burden. - read more
The Role of Deposit Size in Boat Loan Approval
The Role of Deposit Size in Boat Loan Approval
Boat loans are a popular way for Australians to finance their dream vessel, whether it's for leisure or lifestyle. Similar to car loans, they allow you to pay for your boat over time with manageable monthly repayments. Securing a boat loan requires meeting certain criteria set by lenders, which can be influenced by various factors, including your financial history and the deposit size. - read more
Tips for Getting Approved for a Boat Loan with Bad Credit
Tips for Getting Approved for a Boat Loan with Bad Credit
Having bad credit may make it seem challenging to secure a boat loan, as it can negatively impact your creditworthiness in the eyes of lenders. However, it's not impossible to get approved for a boat loan even with bad credit. - read more
Common Mistakes to Avoid When Applying for a Boat Loan
Common Mistakes to Avoid When Applying for a Boat Loan
Applying for a boat loan can be an exciting step toward owning your dream vessel, but preparation is key to securing quick approval. A well-prepared application can make all the difference, ensuring you avoid any unnecessary delays and get the best possible loan terms. - read more
How to Avoid Capsizing Your Budget When Comparing Boat Loans
How to Avoid Capsizing Your Budget When Comparing Boat Loans
The excitement of buying a boat and the role of right financing: The dream of sailing on the open seas or cruising through tranquil waterways can be incredibly enticing. The prospect of owning a boat opens up a world of adventure, relaxation, and luxury. However, much like navigating through uncharted waters, purchasing a vessel requires sound financial planning. Choosing the right boat loan is crucial in making this dream a reality without causing a financial shipwreck. - read more
Expert Advice: What Lenders Look for When Approving Boat Financing Applications in Australia
Expert Advice: What Lenders Look for When Approving Boat Financing Applications in Australia
When it comes to buying a boat in Australia, many enthusiasts turn to financing options to help make their dream a reality. Boat financing involves obtaining a loan from a lender to cover the purchase of your desired vessel. Whether you are a seasoned sailor or a first-time boat buyer, knowing what lenders look for during the boat financing application process can greatly increase your chances of approval. - read more

Finance News

Austal's $100 Million Boost for U.S. Shipyard Expansion
Austal's $100 Million Boost for U.S. Shipyard Expansion
26 Feb 2026: Paige Estritori
Austal Limited, a prominent Australian shipbuilder, has secured a substantial $100 million loan from Export Finance Australia (EFA) to bolster its shipbuilding operations in Mobile, Alabama. This strategic investment aims to enhance the construction of vessels for the U.S. Navy and Coast Guard, reinforcing Austal's position in the global maritime industry. - read more
BIA and AFTA Collaborate to Boost Australia's Boating and Fishing Sectors
BIA and AFTA Collaborate to Boost Australia's Boating and Fishing Sectors
26 Feb 2026: Paige Estritori
In a significant move for Australia's outdoor recreation sector, the Boating Industry Association (BIA) and the Australian Fishing Trade Association (AFTA) have formalized an agreement to collaborate more closely. This partnership is designed to benefit their combined membership base and bolster support for boat-based fishing across the nation. - read more
Marinex Underwriting Sets Sail in Australian Marine Insurance Market
Marinex Underwriting Sets Sail in Australian Marine Insurance Market
26 Feb 2026: Paige Estritori
The Australian marine insurance landscape has welcomed a new entrant with the launch of Marinex Underwriting. This agency, backed by global specialty insurance distributor Amwins, is the third venture incubated by the Rhodian Group, a company dedicated to developing specialized underwriting agencies in Australia. - read more
Austal Limited Expands Patrol Boat Fleet with New $135 Million Contract
Austal Limited Expands Patrol Boat Fleet with New $135 Million Contract
18 Feb 2026: Paige Estritori
Austal Limited, a prominent Australian shipbuilder, has secured a contract extension worth over $135 million to construct two additional Evolved Cape-class Patrol Boats for the Australian Border Force. This development increases the total number of these vessels to 14, underscoring Austal's pivotal role in bolstering Australia's maritime surveillance capabilities. - read more
MitchCap and BIA Collaborate to Boost Financial Literacy in Marine Industry
MitchCap and BIA Collaborate to Boost Financial Literacy in Marine Industry
02 Feb 2026: Paige Estritori
The Boating Industry Association (BIA) and MitchCap have announced a strategic partnership to launch a three-year Industry Financial Skills and Awareness Program aimed at enhancing financial literacy within Australia's marine sector. This initiative is set to provide BIA members nationwide with valuable knowledge, data analytics, and commercial resources to bolster their financial acumen. - read more
BIA and AFTA Forge Partnership to Strengthen Boating and Fishing Sectors
BIA and AFTA Forge Partnership to Strengthen Boating and Fishing Sectors
02 Feb 2026: Paige Estritori
In a significant move for Australia's outdoor recreation sector, the Boating Industry Association (BIA) and the Australian Fishing Trade Association (AFTA) have formalized an agreement to collaborate more closely. This partnership is designed to benefit their combined membership base and bolster support for boat-based fishing across the nation. - read more

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