Archive for April, 2018

We’ve all long suspected Melbourne to be a world leader in the cafe industry, and the recent Melbourne International Coffee Expo (held 22-24 March 2018 at Melbourne Showgrounds) has just confirmed it. The event was huge. Crowds were estimated at about 10,000 over the 3 day event, which included coffee sampling, industry networking, specialty exhibitors, product innovation awards, origin/’source’ exhibitors, the Australian International Coffee Awards, and … Read more »

Buying a business is easy with First Choice. We’ve got lots of resources online to help you through the process (for example, have a look at our eBook on buying a business – under the Search on our Website).   Many first time buyers are surprised how long it can take to buy a business. It usually takes a couple of months at least, from the time at which you … Read more »

Melbourne is going gangbusters, and it is a fantastic time to invest in this fast-growing capital city! In 2013 the then Prime Minister Tony Abbott promised that a million jobs would be created in 5 years – and he was right! Over the past 15 years, about 200,000 jobs have been created every year. Huge jobs growth has been seen in health and construction sectors, and this is flowing through … Read more »

The Reserve Bank of Australia decided earlier this week to maintain a record low cash rate of 1.5%. The Governor, Philip Lowe described Australia’s economic recovery as “gradual”, indicating the bank is in no rush to raise interest rates from the historic low. Low interest rates make the financing of operations, manufacture and distribution less expensive for companies. Periods of low interest rates can be good times to plan for … Read more »