News

This quarter Victoria set global records for the most number of days in lock down and NSW also experienced months of lockdown. Despite the challenges posed by the pandemic, the Economy has been quite resilient and we are seeing strong prices and demand in the new and secondary markets for assets. Markets have been strong with supply shortages and domestic spending pushing up automotive and road transport prices. The more favourable weather has helped the agricultural industry, which has seen…

Another quarter of COVID, lockdowns, and markets continuing to fight any downturn.  Booming truck and car sales can only be hindered by production issues due to the semiconductor shortages. Take a look at what made this quarter’s highlights across all our sectors: The new road transport market has been disrupted in the second quarter due to global parts shortages and delivery delays caused predominantly by factory closures in Asia and China Caterpillar sales in Asia / Pacific are up 19%…

Register your interest here for our upcoming nation-wide roadshows! In recognition of, and to say thank you for your ongoing support, Slattery Asset Advisory is pleased to invite you to our Inaugural Valuations Roadshows.  The session will include a market update and insights from industry experts.  Following the presentations, there will be an opportunity to network and connect over some light refreshments and canapes.   The events will be held across the country as follows:  Hexham, NSW Thursday 7th October On-site  Sydney,…

Despite the new and secondary equipment markets being affected by COVID-19 and a recession during 2020, the fourth quarter closed with positive results across all sectors. With an expectation that the markets will continue to strengthen in 2021.  New road transport sector achieved 5 months of growth and is showing some certainty for strengthening results in 2021 across all segments. Caterpillar has seen full-year sales and revenues decline by 22% in 2020.  One of the only positives to be found…

During the third quarter the impacts of COVID and the consequential recession continue to have an affect on asset values in the automotive, road transport, construction, mining, agriculture, aviation and marine sectors. The Road Transport Sector continues to reduce in sales volume but shows some semblance of stabilisation after a reduction of only 13% on the same period last year. Delays have been extended on new stock with global production capacity reduced. With almost all Australian businesses now eligible for a full write-off…

The impact of the COVID pandemic has affected every part of the Australian economy including affecting asset values in the automotive, road transport, construction, manufacturing, mining, aviation and marine sectors. Government Stimulus has injected life into many markets. The instant asset write off that was boosted from $30,000 to  $150,000, as well as the generous Accelerated Depreciation Deduction have assisted some markets from collapsing. Truck Sales rebound slightly for all but heavy-duty trucks in June, which helps lift the falls…

The impact of the Coronavirus has affected every part of the Australian economy including affecting asset values in the automotive, road transport, construction, manufacturing, mining, aviation and marine sectors. Asset values do not have the volatility we might expect from the share market with large daily or even weekly fluctuations. Asset values may drop and rise at varying speeds however they tend to continue to track in that same direction for a period of time before reversing depending on supply…

The fourth quarter of 2019 saw a decline across all key market sectors, particularly road transport and automotive suffered the largest decline. The quarter, in short, can be found below: All truck segments suffered a decline in sales throughout 2019, with the end of year sales results ending with an 8.8% decline in comparison to the 2018 end of year results. We continue to see European trucks gaining more traction in the market, with these units being reported to have additional…

The third quarter of 2019 has seen declines in key market sectors continue although there were a few outliers that bucked the trend of declining new asset sales Full report online now. The quarter, in short, can be found below: Our Valuation team have had a busy quarter, a review of the business shows that valuations for lending purposes continue to dominate. We continue to see the decline in the new Truck sales market due to the oversupply of trucks…

The second quarter of 2019 saw mixed results in many sectors. Declining sales and depressed conditions in the automotive and heavy transport sectors saw those markets continue to go backwards from previous quarters whereas the mining and earthmoving sectors have had positive signs with increases in sales for new equipment and capital investment from the mining sector. Full report online now. The quarter in short: Volvo beat Kenworth in June as the No. 1 selling brand and is only 50 units behind YTD…