Episode Details
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Wed, 17th Jun 2026
Published 4 months, 1 week ago
Description
In this week's financial news, key Australian automotive players are capitalizing on end-of-financial-year sales. CFMOTO Australia has launched 'The Ride Forward Sale' across its entire 450cc range, while Geely Australia offers a promotional finance deal with zero down-payment and 0.88% rate for its electric SUVs. However, lenders Cigno Australia and BSF Solutions have been hit with a $7M penalty for executing an unlawful payday scheme, resulting in substantial consumer harm. In transport news, Vessev and the ENAUTIC Group plan to launch efficient, eco-friendly electric hydrofoil catamarans in Western Australia, easing road congestion, and providing a sustainable commuting option. Capping off this wrap, Financial Services Online is here to help Australians find the best personal or business loan deals.n