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Finance News

Austal Expands Patrol Boat Fleet with New Contract for Australian Border Force Austal Expands Patrol Boat Fleet with New Contract for Australian Border Force
11 May 2026: Paige Estritori

Austal Limited has been awarded a contract extension valued at approximately A$150.3 million to construct two additional Evolved Cape-class Patrol Boats (ECCPBs) for the Australian Border Force (ABF). This brings the total number of ECCPBs contracted for delivery to the ABF to six, underscoring the ongoing commitment to bolstering Australia's maritime security capabilities. - read more
Incat's Hull 096 Embarks on Sea Trials: A Milestone in Electric Ferry Innovation Incat's Hull 096 Embarks on Sea Trials: A Milestone in Electric Ferry Innovation
11 May 2026: Paige Estritori

Incat's Hull 096, the world's largest battery-electric ferry, has commenced sea trials on the River Derwent in Hobart. This 130-metre vessel, capable of carrying 2,100 passengers and 225 vehicles, represents a significant advancement in sustainable marine transportation. - read more
The Boat Works Breaks Ground on Pier 25, Welcomes Marine Solutions Australia The Boat Works Breaks Ground on Pier 25, Welcomes Marine Solutions Australia
11 May 2026: Paige Estritori

Construction has commenced on Pier 25 at The Boat Works on the Gold Coast, marking a significant expansion of one of Australia's largest marine maintenance and refit facilities. This architect-designed, multi-storey development will house marine showrooms, office suites, and crew accommodation upon its completion in late 2026. - read more

Boat Loans Articles

The Benefits of Getting Preapproved Boat Finance for Australians
The Benefits of Getting Preapproved Boat Finance for Australians
If you're in the market for buying a boat, then it's crucial to familiarize yourself with preapproved boat finance. Unlike typical boat loans where you apply for financing after you've decided on a boat, preapproval allows you to secure finance before you start shopping. This gives you peace of mind and greater control over the buying process, ensuring no surprises or delays arise along the way. - read more
Navigating Boat Loans: How to Determine Your Financial Course
Navigating Boat Loans: How to Determine Your Financial Course
Have you ever imagined yourself steering through the sapphire waters, the wind in your hair and the sun on your face, aboard your very own boat? The dream of owning a boat is a passionate pursuit for many. Yet, before this vision becomes a reality, there is a significant financial journey ahead that requires careful navigation and thoughtful planning. - read more
Essential Questions to Ask Before Buying Your First Boat
Essential Questions to Ask Before Buying Your First Boat
Before diving into the exciting world of boat ownership, it's crucial to understand your specific needs and preferences. Asking yourself these questions will help guide you in selecting the right boat that aligns with your lifestyle and activities. Begin by asking yourself what types of boating activities you plan to enjoy. Whether it's leisurely fishing trips, thrilling water sports, or tranquil cruising, knowing your intended use will influence the type and size of the boat you should consider. - read more
Boat Maintenance 101: Tips to Keep Your Vessel Ship-Shape
Boat Maintenance 101: Tips to Keep Your Vessel Ship-Shape
As a boat owner, it's crucial to understand the importance of routine maintenance to keep your vessel in good condition. Neglecting maintenance can lead to costly repairs and unsafe conditions. - read more
The Financial Advantages of Boat Loan Refinancing Explained
The Financial Advantages of Boat Loan Refinancing Explained
Welcome! If you own a boat and are currently financing it, refinancing your boat loan might be a smart move to consider. But what exactly does refinancing mean? - read more
The Captain's Checklist: Essential Documentation for Australian Boat Loan Approval
The Captain's Checklist: Essential Documentation for Australian Boat Loan Approval
Embarking on the exciting journey of boat ownership in Australia comes with its own set of nautical nuances, particularly when navigating the waters of financing. The cornerstone to a smooth sail towards securing a boat loan lies in the preparation and presentation of the essential documentation. This is not merely a procedural step, but a vital component in demonstrating your reliability and seriousness as a borrower. - read more


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Adjustable-Rate Mortgage (ARM) Cap:
A limit on how much the interest rate or the payment can change for an Adjustable-Rate Mortgage.


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