In this week's Finance News Wrap, there's significant news covering major Australian sectors. Austal Limited secures a hefty investment of $100 million for its U.S shipbuilding operations, a move set to strengthen U.S.-Australian defense ties. Newcomer Marinex Underwriting enters the Australian marine insurance market, bringing a plethora of specialized offerings and serving complex industry needs. We cover the evolving trend in the SME sector, where extended loan terms have gained popularity, reflecting a tactical shift in economic strategy for these businesses. Finally, a warning note as Australia sees a worrying trend in rising insolvencies, which could indicate business stress particularly in construction and hospitality sectors. Businesses are advised to utilize robust financial management and professional advice to navigate these turbulent times. For detailed coverage, tune in to financialservicesonline.com.au.n

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