In this episode of the Financial Services Online Weekly Finance News Wrap, Paige Estritori highlights key changes in the Australian financial landscape, with a focus on the automobile and marine industries. The used car market experienced an 11.1% sales downturn in December 2025 with buyers becoming more price-sensitive, while Plug-In Hybrid Vehicles (PHEVs) saw an 83.3% sales spike in November, suggesting a shift to eco-friendly alternatives. In the marine sector, the entry of Marinex Underwriting, in collaboration with Amwins, is predicted to boost the marine insurance market by addressing the complex needs of stakeholders. Meanwhile, the Australian marine industry recorded a substantial growth in output and employment opportunities in 2023, attributing to thriving domestic tourism and natural gas sectors. Stay tuned with Financial Services Online for more updates and insights.
