Archive for March, 2019

Melbourne Industrial Property Hot for Foreign Investors

26 March 2019
Singapore’s Cache Logistics has increased its exposure to Australian industrial property after agreeing to buy a logistics warehouse in Melbourne for $41.2 million.
The listed property trust, which owns $1.35 billion-worth of warehouses in Singapore and Australia, will acquire the single-story property at 182-198 Maidstone Street, Altona, from an Abacus and GAW Capital trust on an initial yield of 6.8 per cent.
Post-acquisition, Cache … Read more »

Job System Overhaul For Small Business Welcomed

“Australia Small Business and Family Enterprise Ombudsman (ASBFEO), Kate Carnell has welcomed the Coalition Government’s commitment to transform Australia’s employment services model to deliver better outcomes for job seekers and employers.”
“The ASBFEO stressed that this development will mean employers won’t waste time sorting through unsuitable job seekers who are just going through the motions to achieve the necessary number of applications.  “Small-business owners spend long hours … Read more »

Autumn is the perfect time to buy or sell a business

Autumn is the perfect time to buy a business, and turn over a new leaf! This time of year we have a high level of quality stock available to choose from, due to heightened activity amongst buyers and sellers. The traditionally quieter period over Summer is well past, and business owners are ready to place their business on the market. For this reason, we have been enormously busy … Read more »

Renewable Energy to Boost Victorian Economy

12 March 2019
Work has begun on a new $275 million wind farm in western Victoria able to power more than 115,000 homes each year.
The construction of the 35-turbine Mortlake South wind farm, near Mortlake in Victoria, will create 90 new jobs in the region and 34 ongoing jobs for locals.
Victorian Energy Minister Lily D’Ambrosio said the development of this new wind farm had been … Read more »

Consider Buying a Regional Business: Lifestyle, Community, Scenery, Affordability

There’s so much happening in regional Victoria. The State government are keen to invest in country communities, and have launched a major campaign to draw the population from booming Melbourne, out into the regions. The buzz is growing momentum, with a popular new TV show titled “Escape from the City.” Benefits of living in regional communities include: relaxed pace, lifestyle, beautiful scenery, sense of community, and (importantly) affordable housing. Here … Read more »