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Finance News from Boat Finance Australia

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

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Finance News

MitchCap's Strategic Alliance with BIA and BIAV: A New Era for Australia's Marine Industry 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 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 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
Negative Amortization:
A situation in which the loan payment for any period is less than the interest charged over that period, causing the loan balance to increase.