Decline in Asset Finance New Business Recorded in April 2025
June 18, 2025 - 05:33
Recent statistics indicate a notable decline in total asset finance new business, which includes leasing and hire purchase, experiencing a 7% drop in April 2025 compared to April 2024. This downturn marks a significant shift in the sector, raising concerns among industry experts about the underlying factors contributing to this decrease.
Despite the April figures, the overall performance for the first four months of 2025 shows a slight improvement, with new business volumes rising by 2% compared to the same period in the previous year. This mixed performance suggests that while April faced challenges, the early months of the year have managed to maintain some level of growth.
Analysts are closely monitoring these trends, as the asset finance market plays a crucial role in supporting businesses across various sectors. The reasons behind the April decline may warrant further investigation to understand its implications for future financing activities.
MORE NEWS
June 27, 2026 - 03:28
North Carolina Enacts First-in-the-Nation Ban on Third-Party Litigation FinancingNorth Carolina has officially become the first state in the country to pass a sweeping ban on third-party litigation financing in civil lawsuits. Governor Josh Stein signed the measure into law,...
June 26, 2026 - 04:22
$40,000 retirement mistake millions of Aussies are making as 'barriers' persistA staggering number of Australian workers are making a costly mistake that could leave them short by as much as $40,000 in their retirement years. New data reveals that half of all Australians have...
June 25, 2026 - 17:30
Take a cue from the rich: Do a midyear financial check-inFinancial experts often push for a midyear portfolio rebalance, but the truly wealthy take a broader approach. Instead of just tweaking asset allocations, they use this checkpoint to assess their...
June 25, 2026 - 07:26
Homeowners warned over move that voids your mortgage as woman gets $43,000 insurance quoteSome Australian homeowners are facing a harsh financial reality where their insurance premiums are starting to rival their mortgage payments. A recent case has put the spotlight on a costly...