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Episode Synopsis
In this episode of Financial Services Online, we discuss critical trends in Australias financial landscape. Queenslands new 'Boost to Buy' scheme is set to assist first-home buyers with offering up to 30 percent equity support on new homes. The government's initiative aims to tackle housing affordability, adding to the Home Buyer Grants' $30,000 increment until mid next year. Turning to the motorcycle industry, KTM secured a crucial €600 million injection from main shareholder, Bajaj Auto, aiding its challenging financial situation. Meanwhile, MotorCycle Holdings Ltd enjoyed a record-breaking year, amassing $650 million in sales. Furthermore, Australia's motorcycle market remained stable, witnessing only marginal fluctuation in road bike sales, whereas off-road motorbike sales rose by 3.3%. Stay informed on personal and business finance on financialservicesonline.com.au.n
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