Latest Finance News | August 2025

Jaz Stefanovski
Aug 26, 2025
2 min read

Updated: Sep 3, 2025

Finance Deal Spotlight of the Month with lendlab

"A customer visited a dealership to test drive his dream car. The dealer ran a finance enquiry, assuring him it wouldn’t affect his credit score. Unfortunately, the dealer’s lender declined the application, leaving a mark on his credit file and lowering his score.

Concerned about the impact, he came to us for help. After carefully workshopping options with our panel of lenders, we secured him a better rate than the dealer’s original offer. His loan was approved and settled within just one business day – and he drove away in his dream car.” - Hailey (Senior Credit Analyst - lendlab)

lendlab named '2025 Best Broker Business (1-5 staff) VIC/TAS' at the COG, NFC, UFS Aggregation Awards Night, hosted at Glasshouse in Melbourne

Michelle Gorsevski and the lendlab team were awarded '2025 Best Broker Business' for incorporating a innovative technology broker portal and for consistently exploring new opportunities to enhance their customer journey.

Nikita Gorsevski (Credit Analyst - lendlab), was recognised as a dual award winner after being named '2025 Rising Star'.

Market & Interest Rate Update – August 25, 2025

The Reserve Bank of Australia delivered its third rate cut of 2025 on August 12, lowering the official cash rate by 25 basis points to 3.60%—the lowest level since March 2023. This move comes as inflation continues to fall and economic growth remains subdued AP News.
Consumer sentiment has improved notably. The Westpac-Melbourne Institute index rose 5.7% to 98.5 — the highest reading since early 2022 — driven by expectations of lower borrowing costs

Finance Tip of the Month

Always get pre-approval before negotiating or purchasing big-ticket items like vehicles or home renovations. It gives you leverage and protects against inflated dealer offers or hidden terms. Pro tip: If market rates drop, keep paying at your original amount—it could significantly shorten your loan term and save you thousands in interest.