13-11-2008

Interest Rates Tumble!

Interest rates are certainly in the news and Corporate Finance has secured substantial lines of credit for our customers. Rates have dropped so far 2% and this downward trend will continue into the near future.

Demand isn't as high as last year however a 2 speed economy is being seen increasingly. Clients currently borrowing money have long term contracts and have seen little downside in the economy.

The contracts could be with government departments or large public company's such as a supermarket chain but there business's continue to grow.

Real estate has been quite busy with an influx of clients wishing to re-finance their current mortgage to some very special deals currently on offer here at Corporate Finance please give your consulatant a call to get details.

With New Year not far away and money tipped to be even cheaper there's never been a better time to invest in new Plant & equipment or Motor Vehicle.

12-02-2008

ACE 2009

Corporate Finance is once again at the ACE expo in February 2009. Ian Hansen a director of Corporate Finance will attend the show. The earthmoving industry has been serviced by Ian now for 28 years. Ian looks forward to seeing his many clients both old and new at the show.

26-07-2007

New Financial Year

We have just completed the June 2007 financial year. The year saw continuing growth at Corporate Finance with Motor Vehicle, Plant & Equipment and residential mortgages up on the previous year.

Rates have risen marginally over the year, but the economy remains strong with clients opting for new P & E due to the cheap A$. Vehicles continue to become cheaper or better optioned for the $.

Residential housing in the inner city (15Km) remains very strong, while the outer suburbs has seen smaller rises in their property values.

Commercial property has risen also with factories popular while quality office space demands a premium. It will take 2 years for the building industry to match demand in this area.

The new financial year looks like more sustained growth at marginally lower levels of the last 2 years. Economists continue to make a living out of guessing when the next rate rise will be. There is little chance of that happening till after the Federal election. May your new year be a healthy and prosperous one.