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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Second Quarter Report of 2021

Posted 09 September 2021

Another quarter of COVID, lockdowns, and markets continuing to fight any downturn.  Booming truck and car sales can only be hindered by production issues due to the semiconductor shortages. Take a look at what made this quarter’s highlights across all our sectors: The new road transport market has been disrupted in the second quarter due to global parts shortages and delivery delays caused predominantly by factory closures in Asia and China Caterpillar sales in Asia / Pacific are up 19%…

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Valuation Roadshows 2021

Posted 05 August 2021

Register your interest here for our upcoming nation-wide roadshows! In recognition of, and to say thank you for your ongoing support, Slattery Asset Advisory is pleased to invite you to our Inaugural Valuations Roadshows.  The session will include a market update and insights from industry experts.  Following the presentations, there will be an opportunity to network and connect over some light refreshments and canapes.   The events will be held across the country as follows:  Hexham, NSW Thursday 7th October On-site  Sydney,…

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Read our Quarterly Report Q4 2020

Posted 01 March 2021

Despite the new and secondary equipment markets being affected by COVID-19 and a recession during 2020, the fourth quarter closed with positive results across all sectors. With an expectation that the markets will continue to strengthen in 2021.  New road transport sector achieved 5 months of growth and is showing some certainty for strengthening results in 2021 across all segments. Caterpillar has seen full-year sales and revenues decline by 22% in 2020.  One of the only positives to be found…

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Read our Quarterly Report Q3 2020

Posted 17 November 2020

During the third quarter the impacts of COVID and the consequential recession continue to have an affect on asset values in the automotive, road transport, construction, mining, agriculture, aviation and marine sectors. The Road Transport Sector continues to reduce in sales volume but shows some semblance of stabilisation after a reduction of only 13% on the same period last year. Delays have been extended on new stock with global production capacity reduced. With almost all Australian businesses now eligible for a full write-off…

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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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Read our Quarterly Report for Q1 2020

Posted 23 June 2020

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…

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Read our Quarterly Report for Q4 2019

Posted 23 June 2020

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…

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Read our Quarterly Report for Q3 2019

Posted 22 November 2019

The third quarter of 2019 has seen declines in key market sectors continue although there were a few outliers that bucked the trend of declining new asset sales Full report online now. The quarter, in short, can be found below: Our Valuation team have had a busy quarter, a review of the business shows that valuations for lending purposes continue to dominate. We continue to see the decline in the new Truck sales market due to the oversupply of trucks…

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