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Business investment is increasing

“The non-resources sector is finally showing signs of increasing its investment in the nation’s future.” The Australian Bureau of Statistics’ private fixed capital survey asks the nation’s chief financial officers how much they intend to spend on capital expenditure over the financial year. The CFOs told the ABS they intend to invest $55 billion in […]

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How to negotiate at auctions

“I prefer to stand outside where I can assess whether there is any real competition or just friends who are pretending to be buyers hanging around.” Hundreds of properties are being passed in at auction as listings spike up for spring time and buyers become a little more cautious. A pass-in occurs when the top bid falls […]

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Sydney’s spring time boom

“Sydney’s booming late-winter home auction market is steaming into spring after the strongest late-winter market on record.” Andrew Wilson, Domain Group The last weekend in August is the beginning of the robust Sydney spring home season with high numbers of auctions signalling the end of the more subdued winter market. This year will be no […]

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