News

Our experienced team provide market insights and news on the Asset Advisory and Auction industry.

Read our Quarterly Report Q2 2020

Posted 31 August 2020

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…

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