From asic.gov.au: ASIC is initiating a review of the motor vehicle finance sector to enhance consumer outcomes, particularly for those in regional and remote areas, including First Nations communities.

The review will assess the compliance of lenders and brokers, focusing on practices related to loan defaults, hardship, and dispute resolution, while also exploring enforcement actions against misconduct in the industry.

Initial findings from the review will be published in late 2025, with a comprehensive report to follow.