Home Loan Finance Online :: News
SHARE

Share this news item!

2025 Australian Motorcycle Grand Prix Drives Economic Growth in Phillip Island

Record Attendance Highlights Event's Positive Impact on Local Economy

2025 Australian Motorcycle Grand Prix Drives Economic Growth in Phillip Island?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

The 2025 Australian Motorcycle Grand Prix, held from 17-19 October at the Phillip Island Grand Prix Circuit, attracted approximately 91,245 visitors, marking the highest attendance since 2012.
This surge in spectators provided a substantial economic boost to the Phillip Island region, benefiting local businesses such as hotels, restaurants, and retail outlets.

The event featured thrilling performances from top riders, with Australian Senna Agius making history by winning the Moto2 race, becoming the first Australian to achieve this feat on home soil. Additionally, Australian Joel Kelso secured second place in the Moto3 race, while Spain's Raul Fernandez clinched victory in the MotoGP category.

Beyond the on-track action, the Grand Prix offered a bustling program of off-track entertainment and activations, catering to families and fans of all ages. This comprehensive event experience contributed to increased visitor spending and highlighted the significance of major sporting events in driving regional tourism and economic growth.

Data released last month showed that from April to June 2025, Victorians spent $1.8 billion visiting regional Victoria. International visitors contributed an additional $832 million to the state's regional economy in the past financial year. The Australian Motorcycle Grand Prix's success underscores the importance of such events in sustaining and enhancing the economic vitality of regional areas.

For motorcycle enthusiasts, the Grand Prix not only provided an opportunity to witness world-class racing but also served as a reminder of the vibrant motorcycling culture in Australia. Events like these inspire riders and potential buyers, fostering a sense of community and passion for the sport.

As the motorcycle industry continues to evolve, the success of the Australian Motorcycle Grand Prix highlights the enduring appeal of motorcycling and its positive impact on local economies. Riders and fans alike can look forward to future events that celebrate the sport and contribute to regional prosperity.

Published:Tuesday, 16th Dec 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

Isuzu Australia Introduces Dedicated Financial Services for Truck Buyers
Isuzu Australia Introduces Dedicated Financial Services for Truck Buyers
23 Dec 2025: Paige Estritori
In a strategic move to bolster its customer support offerings, Isuzu Australia Limited (IAL) has announced the establishment of Isuzu Financial Services Australia (IFSA). This initiative marks the first time the Isuzu Group has founded a leasing company outside Japan, reflecting a significant commitment to the Australian market. - read more
Geely's Farizon Electric Trucks Make Australian Debut
Geely's Farizon Electric Trucks Make Australian Debut
23 Dec 2025: Paige Estritori
Chinese automotive giant Geely Auto has announced its entry into the Australian light commercial vehicle market through its Farizon brand, specialising in electric commercial vehicles. This move signifies a notable expansion of electric vehicle (EV) offerings in Australia's commercial sector. - read more
CEFC and Volvo Group Collaborate to Accelerate Electric Truck Adoption in Australia
CEFC and Volvo Group Collaborate to Accelerate Electric Truck Adoption in Australia
23 Dec 2025: Paige Estritori
The Clean Energy Finance Corporation (CEFC) has partnered with Volvo Group to introduce a $70 million financing package aimed at accelerating the adoption of heavy-duty battery electric trucks (HD BEVs) in Australia. This initiative seeks to address the substantial transport-related emissions by facilitating the transition to cleaner vehicle technologies. - read more
Introducing Marinex Underwriting: A New Era in Australian Marine Insurance
Introducing Marinex Underwriting: A New Era in Australian Marine Insurance
21 Dec 2025: Paige Estritori
Australia's marine insurance landscape has welcomed a significant new player with the launch of Marinex Underwriting. This specialised marine underwriting agency aims to address the complex insurance needs of the Australian marine sector, offering tailored solutions backed by global specialty insurance distributor Amwins. - read more


Home Loans Articles

How to Compare Home Loans: Tips for Finding the Best Deal
How to Compare Home Loans: Tips for Finding the Best Deal
When you're in the market for a new home, finding the right loan can save you thousands of dollars over the life of the mortgage. Comparing home loans is crucial for Australian buyers looking to secure the best possible deal. With various options available, understanding the finer details can make a significant difference in your financial journey. - read more
Fixed vs Variable Rates: Choosing the Right Home Loan for You
Fixed vs Variable Rates: Choosing the Right Home Loan for You
For many Australian consumers, buying a property is one of the most significant financial decisions they'll make. Navigating the home loan landscape effectively is crucial to easing the journey toward property ownership. - read more
Refinancing Your Home Loan: When and Why to Consider It
Refinancing Your Home Loan: When and Why to Consider It
Refinancing a home loan is a process many Australian homeowners consider at some point. But what exactly does it mean? In simple terms, refinancing involves replacing your existing mortgage with a new one—usually with different terms. Homeowners often look into refinancing for several reasons, whether it’s to secure a lower interest rate, consolidate debts, or switch from a fixed to a variable rate (or vice versa). - read more
The Hidden Costs of Home Loans: Don’t Get Caught Off Guard
The Hidden Costs of Home Loans: Don’t Get Caught Off Guard
When embarking on the journey of homeownership, many Australians find themselves navigating the complex world of home loans. On the surface, the mortgage process might seem straightforward. You find a home, secure a loan, and make payments until it’s fully paid off. However, the reality is more intricate, involving various fees and charges that can quickly add up. - read more


Free Assessment

Loan Amount:
Postcode:

All quotes are provided free and without obligation by a Specialist from our National Broker referral panel. See our Privacy Statement for more details.


Knowledgebase
Credit Score:
A numerical expression based on a level analysis of a person's credit files, representing the creditworthiness of an individual.