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Finance News

Introducing the KGM Torres EVX: A New Contender in Australia's Electric SUV Market
Introducing the KGM Torres EVX: A New Contender in Australia's Electric SUV Market
07 Jun 2026: Paige Estritori
The Australian electric vehicle (EV) landscape is set to expand with the arrival of the KGM Torres EVX, a mid-size electric SUV poised to challenge established players like the Tesla Model Y and Kia EV5. Priced from $58,000 drive-away, the Torres EVX offers a compelling blend of performance, range, and features tailored for the environmentally conscious Australian driver. - read more
MG Motor Expands EV Portfolio with U9 EV and MGS6 EV Debuts
MG Motor Expands EV Portfolio with U9 EV and MGS6 EV Debuts
07 Jun 2026: Paige Estritori
MG Motor Australia has made a significant statement at the 2026 Melbourne Motor Show by unveiling two new electric vehicles (EVs): the U9 EV, an electric ute, and the MGS6 EV, a mid-size electric SUV. These additions underscore MG's commitment to expanding its EV offerings and catering to the diverse preferences of Australian consumers. - read more
Subaru Makes Electric SUVs More Accessible with Price Reductions
Subaru Makes Electric SUVs More Accessible with Price Reductions
07 Jun 2026: Paige Estritori
In a strategic move to enhance the affordability of its electric vehicle (EV) offerings, Subaru Australia has announced significant price reductions for its Solterra and Trailseeker electric SUVs. Effective from May 14, 2026, the Solterra's price has been reduced by $2,000, bringing it to $61,990 plus on-road costs, while the Trailseeker sees a $4,000 reduction, now priced at $63,990 plus on-road costs. - read more
Electric Vehicles Capture Record 16.4% of Australian Market in April 2026
Electric Vehicles Capture Record 16.4% of Australian Market in April 2026
31 May 2026: Paige Estritori
In April 2026, electric vehicles (EVs) achieved a significant milestone in Australia, accounting for 16.4% of all new car sales. This translates to approximately one in every six vehicles sold being electric, underscoring the accelerating shift towards sustainable transportation. - read more
Car Loan Articles

Electric Cars vs. Fossil Fuels: The True Cost of Ownership
Electric Cars vs. Fossil Fuels: The True Cost of Ownership
In recent years, there's been a noticeable shift in the way Australians think about transportation. Electric cars are becoming a popular choice for many, driven by a combination of environmental consciousness and technological advancements. With more charging stations popping up across the country and a wider range of cars available, going electric seems like an attractive option. - read more
Tax Incentives for Eco-Friendly Car Buyers in Australia
Tax Incentives for Eco-Friendly Car Buyers in Australia
Eco-friendly cars play a crucial role in reducing carbon footprints, which is vital for combating climate change. These vehicles, particularly electric and hybrid models, are designed to minimize emissions and reliance on fossil fuels. With technological advancements and growing environmental awareness, many Australians are considering these alternatives to traditional petrol and diesel vehicles. - read more
Financing Your Electric Car: What Every Australian Needs to Know
Financing Your Electric Car: What Every Australian Needs to Know
In recent years, there's been a noticeable surge in the demand for electric cars in Australia. With increasing awareness about environmental issues and more Australians committed to reducing their carbon footprint, the shift towards eco-friendly vehicles is evident. Electric cars offer an effective solution to the challenge of sustainable transportation. - read more

Knowledgebase
Annual Percentage Rate (APR):
The annual rate charged for borrowing or earned through an investment, expressed as a percentage.