Finance News from Boat Finance Australia

Boat Finance Australia is pleased to present the latest financial news headlines.

To read an entire news item, simply click on the headline.

News items on this page are prepared by our editorial team as summaries of publicly available news reports and official announcements. See linked news sources where available. The following news items are for informational purposes only and are not independent journalism.

Finance News

Australia's Marine Industry Surges to $229 Billion Economic Output

20 Jan 2026: Paige Estritori

Australia's marine industry has achieved a remarkable economic milestone, reaching an output of $229 billion in 2023. This represents a 19% increase compared to two years prior, as reported by the Australian Institute of Marine Science (AIMS). The surge is primarily attributed to the resurgence of domestic tourism and the expansion of the natural gas sector. - read more

BIA Advocates for Government Support in Marine Manufacturing

20 Jan 2026: Paige Estritori

The Boating Industry Association Ltd (BIA) is calling on all levels of Australian government to provide strategic support for the nation's marine manufacturing and recreational boating sector. The association warns that a critical skills shortage is threatening the industry's substantial economic potential. - read more

Austal's $100 Million Loan Fuels U.S. Shipbuilding Expansion

20 Jan 2026: Paige Estritori

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. This funding is designated to enhance Austal's construction capabilities for U.S. Navy and Coast Guard vessels. - read more

Delays in Australia's Strategic Fleet Initiative Raise Maritime Security Concerns

12 Jan 2026: Paige Estritori

The Australian government's plan to establish a strategic fleet of Australian-flagged ships has encountered significant delays, missing its initial deadline to announce the first vessels. This fleet is intended to bolster the nation's maritime resilience by providing vessels that can be requisitioned during crises or emergencies. The delay has sparked concerns among industry experts about Australia's growing vulnerabilities in trade and national security. - read more

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Boat Loan Articles

Boating Safety Checklist: Prepare for Your Next Adventure on the Water

Welcome to your ultimate guide on boating safety! Whether you're a seasoned sailor or setting out on the water for the first time, ensuring a safe adventure is of utmost importance. There's no denying the thrill of being out on the open sea or a serene river, but it's essential to remember that preparation is key. - read more

Essential Boat Maintenance: Tips for Longevity and Performance

Owning a boat is a dream for many Australians, offering endless adventures on the open waters. To ensure these dreams don’t run aground, regular boat maintenance is crucial. Proper upkeep not only extends the life of your vessel but also ensures safety for everyone onboard. Neglecting maintenance can lead to costly repairs or dangerous situations when you're miles from shore. - read more

The Benefits of Using a Broker for Competitive Boat Financing Options

Boat compliance in Australia is a crucial aspect for any boat owner or enthusiast. It refers to adhering to a variety of regulations designed to ensure safety, environmental protection, and operational standards for all kinds of vessels. Understanding and following these regulations is essential not only for the safety of those on board but also to protect Australia's unique marine environments. - read more

Smart Budgeting for First-Time Boat Buyers

Buying your first boat is an exhilarating experience, a gateway to adventure on the open water. Whether you're dreaming of leisurely weekends on tranquil lakes or exciting voyages along scenic coastlines, owning a boat opens a world of possibilities. However, as thrilling as it is to imagine navigating the waterways, it's crucial to navigate the financial aspects of boat ownership with equal enthusiasm. - read more

Knowledgebase

Bond:
A fixed-income investment in which an investor loans money to an entity that borrows the funds for a defined period at a variable or fixed interest rate.

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