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Finance News

MitchCap's Strategic Alliance with BIA and BIAV: A New Era for Australia's Marine Industry

11 Dec 2025: Paige Estritori

The Australian marine industry is set to benefit from a significant partnership between MitchCap, the Boating Industry Association (BIA), and the Boating Industry Association of Victoria (BIAV). This collaboration aims to enhance financial literacy and provide robust support to marine businesses across the nation. - read more

Austal's US$100 Million Boost: Strengthening US Shipbuilding Capabilities

11 Dec 2025: Paige Estritori

Austal Limited, a prominent Australian shipbuilder, has secured a US$100 million loan facility from Export Finance Australia (EFA). This funding is set to bolster Austal's construction of vessels for the US Navy and US Coast Guard at its Mobile, Alabama shipyard. - read more

Navigating Towards Sustainability: Hybrid Propulsion in Australia's Marine Industry

11 Dec 2025: Paige Estritori

The Australian marine industry is witnessing a significant shift towards sustainability, marked by the increasing adoption of hybrid propulsion systems and eco-friendly technologies. This trend reflects a global movement towards reducing emissions and promoting environmental stewardship within the boating community. - read more

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Knowledgebase

Debt Consolidation:
A means empoyed to renegotiate debt. By combining loans and outstanding bills, a person can consolidate debt with a single financial institution resulting in a single monthly repayment.

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