“More Australian businesses are getting productivity gains from upgrading old equipment, tech, and vehicles, with farmers and manufacturers leading a recent investment surge.”
CommBank has released data from its asset finance department showing that there are clear productivity gains to be made from investing in new technology.
The importance of established technologies
Although we’re used to seeing the advantages of AI and software tech being trumpeted, we mustn’t forget the importance of vehicle and equipment technologies.
According to CommBank, Australian businesses are reporting major productivity gains after upgrading vehicles, machinery and technology:
- 87.6% of businesses reported productivity gains above 10% following recent asset upgrades.
- CBA recorded a 20% year-on-year increase in vehicle and equipment financing in December 2025.
The strongest level of growth was recorded across equipment categories central to Australia’s industrial and regional sectors.
December 2024 vs December 2025 CBA Asset financing
- Agricultural machinery – up 116%
- Manufacturing & industrial equipment – up 76%
- Retail and office fitouts – up 64%
- Technology assets – up 48%
- Trucks – up 18%
How asset finance opens up your access to new technologies
Investing in new technologies means having the necessary capital to fund these investments. Asset finance is a key way to source this funding and to drive your productivity as a business.
If you’re looking to buy new vehicles, equipment or machinery, come and talk to us about the key ways that asset finance can open up new routes to funding.
