Truck Loans Australia :: News

Share this news item!

OECD Warns of Sluggish Australian Economic Growth Amid Global Trade Concerns

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.

The Organisation for Economic Co-operation and Development (OECD) has issued a warning about a potential slowdown in Australia's economic growth over the next two years.

This prediction comes against the backdrop of heightened global uncertainty, spurred by trade policies introduced by US President Donald Trump.

The OECD projects Australia’s GDP to rise to 1.9% in 2025 but slip slightly to 1.8% in 2026, falling short of earlier expectations laid out in their December report.

Global economic growth is similarly anticipated to decelerate. OECD forecasts a reduction in growth from 3.2% in 2024 to 3.0% in 2026, attributing this trend to increased trade barriers among major economies and broader geopolitical tensions. The report specifically highlights that continued changes in trade policies, if maintained, could dampen global growth prospects and heighten inflationary pressures.

The potential slowdown has significant implications for both consumers and businesses within Australia. If growth rates dwindle, this could affect employment, wages, and investment levels across the country. Additionally, as higher trade barriers threaten global trade volumes, Australian exporters may face shrinking markets abroad, potentially putting additional pressure on domestic economic growth.

The report indicates that inflation, while expected to moderate gradually, could still surpass targets set by central banks, including the Reserve Bank of Australia. This poses a challenge for policymakers aiming to balance growth with inflation control. RBA Governor Michele Bullock emphasized the need to be vigilant against any resurgence of inflationary pressures in Australia.

: Experts suggest keeping a close eye on international trade developments, particularly the bilateral tariffs between major economies such as the US, Canada, and Mexico. If these tariffs were to be rolled back or applied more narrowly, it could lead to a more favourable growth and inflation outlook globally and in Australia.

The Reserve Bank of Australia has room to manoeuvre, given the current trajectory of moderating inflation. There’s potential for further interest rate reductions, which could stimulate domestic consumption and investment. Nevertheless, the caution remains as trade policy uncertainties continue to cast a long shadow over Australia’s economic future.

As policymakers navigate these challenging waters, strategic economic management will be crucial in cushioning Australia from external shocks and ensuring a steady growth trajectory amid a complex global landscape.

Published:Tuesday, 18th Mar 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

Australian Home Prices Poised for Continued Growth in 2026

18 Jan 2026: Paige Estritori

Australia's housing market is set to experience further growth in 2026, with economists forecasting a 5% increase in home prices. This follows an 8.6% rise in 2025, marking the strongest annual growth since 2021. The anticipated growth is driven by a combination of factors, including ongoing supply constraints and robust population growth. - read more

Sydney and Melbourne Property Markets Show Signs of Cooling

18 Jan 2026: Paige Estritori

In December 2025, both Sydney and Melbourne property markets experienced a slight decline of 0.1%, marking a potential shift in the momentum of Australia's housing market. This downturn comes after a period of consistent growth, raising questions about the sustainability of recent price increases. - read more

Australian Rental Market Faces Tightening Conditions

18 Jan 2026: Paige Estritori

Australia's rental market is experiencing tightening conditions, with vacancy rates dropping to 1.6% in December 2025, close to record lows. This tightening has led to a 5.2% increase in rents over the year, posing significant challenges for tenants across the country. - read more

NAB Enhances Digital Services with Google Cloud Integration

17 Jan 2026: Paige Estritori

National Australia Bank (NAB) has taken a significant step in its digital transformation journey by integrating Google Cloud into its existing multi-cloud strategy. This move aims to bolster the bank's digital services and enhance operational efficiency, reflecting a broader trend among financial institutions to leverage cloud technologies for improved service delivery. - read more

MFAA Publishes Guides to Enhance Mortgage Broking Practices

17 Jan 2026: Paige Estritori

The Mortgage & Finance Association of Australia (MFAA) has released the final two guides in its Business Growth Roundtable Series Insights, aimed at assisting mortgage brokers in developing sustainable and professional businesses. These resources are part of the MFAA's ongoing commitment to supporting the growth and professionalism of the mortgage broking industry. - read more

Click for more Finance News

Truck Loans Articles

Understanding Your Options: A Guide to Commercial Vehicle Loans in Australia

If you're running a business in Australia, choosing the right commercial vehicle loan can be pivotal to your success. Whether you're a small business owner needing a delivery van or a large company expanding your fleet, understanding your financing options is crucial. - read more

How to find the best insurance for your trucking business in Australia

As a trucking business owner in Australia, finding the right insurance is crucial to the protection of your business. To achieve this, it is important to first understand your specific business needs. Here are some factors to consider: - read more

From Small to Big: Financing Your Truck Expansion in Australia

Expanding your truck fleet is a critical step in driving business growth. For many small businesses, increasing the number of commercial vehicles means accessing new markets, delivering goods more efficiently, and ultimately, boosting profitability. In the competitive Australian market, staying ahead requires not just maintaining but expanding your transport capabilities. - read more

The Pros and Cons of Leasing vs. Buying a Truck for Your Business

Small businesses that require regular transportation of goods may find it essential to purchase a truck. However, this acquisition can become a significant investment that requires careful consideration before making a decision. The two options available are buying or leasing a truck. In this article, we will explore the pros and cons of each option to help you make an informed choice. - read more

5 Tips on Securing Low-Interest Rates for Your Vehicle Purchase

Embarking on the journey of acquiring a commercial vehicle is a significant decision for any business. Securing a loan with a low-interest rate is not just a matter of luck; it involves meticulous planning and a thorough understanding of the lending landscape. This opening section sets the scene for our deep dive into navigating the commercial vehicle loan process with an eye toward minimizing costs and maximizing value. - read more

Start Here

Get a free truck loan eligibility assessment and compare truck finance and leasing options without accessing your credit file!!

Knowledgebase

Mutual Fund:
An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.