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Eclipx outlook brightens on strong car leasing demand Save Share Skyrocketing used-car prices and a flood of drivers extending leases on existing vehicles because of a new car shortage have helped Eclipx Group to a booming first-half profit that soared by 186 per cent. Chief executive Julian Russell has presided over an impressive rebound at the car leasing company with brands including FleetPlus, FleetPartners and FleetChoice since he took over two years ago, when the group was making losses after heavy write-downs and restructuring costs. Eclipx runs fleet management and fleet leasing services. Louie Douvis Five weeks ago, ASX-listed rival SG Fleet cemented a cash and scrip deal to buy sizeable industry player LeasePlan Australia for $387 million. The SG Fleet deal is expected to be a forerunner for further industry consolidation. ....
Grow Finance partners with LG subscribe Sarah Buckley Sarah Buckley A The SME lender has been named as LG Solar and Energy’s preferred finance supplier. Grow Finance Group has partnered with global electronics manufacturer LG to help it expand access to its range of solar energy products by providing consumers with finance. As such, it has been named as LG Solar and Energy’s preferred finance supplier to individuals and companies purchasing LG solar systems through 100 distribution partners across Australia. Grow Finance executive director David Verschoor said the firm was excited about expanding the availability of energy-efficient technology. Advertisement ....