News

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

Quarterly Report – Q4 2021

Posted 07 April 2022

The fourth quarter for 2021 continued the positive momentum across most markets to make 2021 a stellar year. There were solid results across road transport, motor vehicles,  earthmoving and mining equipment. Highlights from the fourth quarter included some very successful auctions for road transport and earthmoving across our Brisbane, Roma and Newcastle offices. The quarter in short: New truck sales saw a 20.1% increase on 2020 sales. The supply of second-hand heavy-duty, medium-duty and light-duty trucks at auction has been subdued. Caterpillar’s fourth-quarter 2021 sales…

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Quarterly Report – Q3 2021

Posted 07 April 2022

This quarter Victoria set global records for the most number of days in lock down and NSW also experienced months of lockdown. Despite the challenges posed by the pandemic, the Economy has been quite resilient and we are seeing strong prices and demand in the new and secondary markets for assets. Markets have been strong with supply shortages and domestic spending pushing up automotive and road transport prices. The more favourable weather has helped the agricultural industry, which has seen…

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