News

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…