Jetski Loans Australia Weekly Coastal & Marine News Wrap
Each week, we bring a concise, reliable wrap of Australian marine and coastal headlines. Expect need-to-know updates on water safety, local regulations, boating and personal watercraft developments, weather and conditions, gear and maintenance news, plus standout community events. Designed for busy listeners, it delivers context, clear takeaways, and what matters for planning your next day on the water. Trust a calm, balanced summary to stay informed without the noise.
This Week:
This week: lenders lift fixed rates and the big four expect an RBA cash rate rise on Tuesday, 17 March, with another possible in May. Flooding in Queensland and the Northern Territory triggers Significant Events as insurers scale up claims support—watercraft owners should document damage and contact insurers when safe. AFCA expands powers from 12 March to name non‑compliant firms and include receiving banks in scam complaints, helping protect buyers transferring deposits. Card spending hits records while interest‑bearing debt remains high; fixed‑instalment loans can offer more predictable budgeting than revolving debt. Visit jetski-loans.com.au for calculators and a free eligibility check.
EPISODE 1413 | Jetski Loans Australia Weekly Coastal & Marine News Wrap | Sun, 15th Mar 2026
17 Mar 2026 | Paige Estritori
00:00:00
00:00:00
1x
Read Full Transcript:
Hello and welcome to the Jetski Loans Australia Weekly Coastal & Marine News Wrap, Im Paige Estritori, and its Sunday, 15 March 2026.
First up, rate talk is back. On 13 March, a major bank lifted fixed home loan rates by up to a quarter of a percentage point, and the big four now expect the Reserve Bank of Australia, or RBA, to lift the cash rate again on Tuesday, 17 March, with some tipping another move in May. Why it matters: lenders often reprice across products when funding costs rise, so leisure finance can edge up too. If youre eyeing a new personal watercraft, build a little buffer into your budget, run your repayments at a slightly higher rate, and compare options so the plan still fits comfortably.
Meanwhile, severe flooding in Queensland and the Northern Territory has prompted the Insurance Council of Australia, or ICA, to declare Significant Events. Insurers are ramping up claims support as river levels ease in some areas and access improves. For watercraft owners, safety comes first; when its safe, document damage with photos and contact your insurer to check whats covered for storm, flood and water ingress. Keeping receipts and not authorising unapproved repairs can help your claim run smoother.
Next up, a scams update. From 12 March, the Australian Financial Complaints Authority, or AFCA, can name financial firms that dont comply with determinations and can now look at the role of receiving banks in scam‑related complaints, including unauthorised accounts used by scammers. For anyone transferring deposits for a jetski purchase, use verified account details, avoid last‑minute changes sent by email or text, and keep written records of quotes and invoices.
And finally, new figures this week show card spending hit a record in January while interest‑bearing credit card debt sits around the twenty‑billion mark. Average personal loan rates are nearer eight per cent than typical card rates, so predictable instalments can make budgeting simpler than revolving debt. If a new ski is on your horizon, run the numbers with a loan calculator and check your eligibility early, so repayments line up with your cashflow.
Thats the wrap. For calculators, guides, and a free eligibility check on jetski finance, head to jetski-loans.com.au. Im Paige; enjoy the water and stay safe out there.
The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
Follow us!
We are a proud member of the Financial Services Online network!
Connect with us on your favourite social media platform for the latest financial news, views, resources and information.
Jet skiing is an exhilarating water sport that offers fun, excitement, and a great way to explore Australia's beautiful waterways. As a beginner, diving into the world of jet skiing can be thrilling but also overwhelming, given the various options and considerations involved in purchasing your first jet ski. - read more
Welcome to our comprehensive guide on the unexpected costs of owning a jet ski. While the idea of cruising on the open water can be exhilarating, it's essential to be aware of the hidden expenses that come along with owning a jet ski. - read more
Welcome to our deep dive into the unexpected costs of owning a jet ski. While the thrill of skimming across the water on a sunny day is undeniable, it's important to be aware of the hidden expenses that come with owning such a high-adrenaline watercraft. - read more
Imagine the splash of water on your face and the adrenaline rush as you glide over waves at exhilarating speeds. The thrill of owning a jetski offers a unique brand of excitement and freedom found only on the open waters. However, before you can make waves, it's essential to navigate the sea of financial considerations that come with purchasing such a prized possession. - read more
If you’re looking to finance a new or used jet ski, you may be wondering if it’s possible to get a loan with bad credit. The short answer is yes – and it may be easier than you think, but there are a few things you need to know before you start the process of applying for a loan. - read more
Bhagwan Marine, a prominent player in Australia's marine services industry, has unveiled plans for a $100 million initial public offering (IPO). This strategic move aims to bolster the company's growth trajectory and enhance its service offerings across the nation. - read more
Marina operators across northern Australia are facing unprecedented increases in insurance premiums, with some reporting hikes exceeding 300% in recent years. This surge has prompted urgent calls for government intervention to ensure the sustainability of the marine and tourism industries. - read more
Club Marine, Australia's leading boat insurance provider, has expanded its offerings to include specific coverage for race boats while they are on land. This development comes through a new partnership with the Australian Offshore Powerboat Club (AOPC), aiming to address the unique insurance needs of race boat owners. - read more
In a significant development for Australia's defence sector, global insurance broker Marsh has been appointed to oversee the insurance and risk advisory components of the Royal Australian Navy's Maritime Insurance Program (MIP). This program is integral to the nation's extensive naval fleet expansion and infrastructure development initiatives. - read more
In response to recent shifts in global trade dynamics, GT Insurance is reaffirming its commitment to supporting Australian marine clients navigating these challenges. The imposition of US tariffs—25% on Australian steel and aluminium, and 10% on other exported goods—has introduced new uncertainties for local exporters, particularly in sectors like beef and bulk freight. These tariffs, effective from April 5, 2025, have prompted concerns about declining export volumes and reduced freight margins. - read more
