Archive for June, 2019

Winter’s starting to warm up for Real Estate sales!

The property market is now unquestionably warming up this winter.  Victorian results courtesy of the REIV from the weekend reported a 69% clearance from 521 auction FYI the last weekend in March was only 53%.

Check out the latest REIV market insights and clearance data within the attached link.

We actively encourage Business Investors and Sellers to telephone First Choice Business Brokers on (03) 9899 1888 and talk with us about taking … Read more »

Interest Rate cut boosts Confidence for SME businesses

With RBA’s official cash rate now at 1.25% (lowest on record), the business community is obviously very happy with consumer confidence levels. The likelihood of further SME investment will only increase, along with consumer spending levels – with small to medium business being the main beneficiaries.

The new fiscal year is just around the corner, and we fully expect more and more willing investors to search for … Read more »

RBA ANNOUNCES JUNE CASE RATE DECISION

RBA DECISION SIGNALS LOWEST INTEREST RATES IN AUSTRALIA’S HISTORYN

In addition to the RBA decision to cut official cash rates to 1.25% (see attached FCBB blog link) – helping to improve consumer/business confidence levels, it is equally important to carefully evaluate a number of other (and closely related) economic/financial factors including:

– Employment levels and minimum wage decisions
– Discretionary spending
– Lending conditions and restrictions

First Choice Business Brokers understands … Read more »

Post-election Business confidence boost!

Ahead of the Curve

Consumer confidence lifts post-election amid hope of interest rate cut

30 May 2019
Scott Morrison’s surprise re-election and growing expectations official interest rates will be sliced has boosted the confidence of Australian shoppers as calls grow for more government spending to drive down unemployment.
The ANZ-Roy Morgan weekly measure of confidence, released on Tuesday, lifted for the second consecutive week to sit at its highest level … Read more »