In this report we reflect on asset trends over the second quarter and the outlook for asset values for the rest of 2016.
The second quarter of 2016 has seen a rise in work flow for both the Slattery Asset Advisory and Slattery Auctions teams. The Western Australian and Queensland markets continue to be the main states for activity, however we have seen an increase in NSW and Victoria, which have been reasonably subdued to date.
As always we have included some key trends in the report to give our valued clients a good idea of how we are tracking against the market.
This month, Slattery Auctions are offering a number of noteworthy cranes via auction. Click the links below to find out more!
2013 Liebherr LTN 1200-5.1 200T All Terrain Crane
2010 Terex Franna 4×4 20T AT-20 Crane
Online bidding is available for all sales.
Enter our competition and you could win a Samsung Galaxy Tab S2 9.7 inch tablet worth over $850! There are several ways you can enter and they’re all very easy! The more points you earn, the higher chance you have of winning!
Competition closes: Friday 24th of June 2016
Only open to Australian residents aged 18 years and over.
The winner will be notified by email.
Good luck!
In this report, we reflect on asset trends over the start of this year and contemplate where we expect asset values to go in 2016.
The Slattery Asset Advisory and Slattery Auctions teams have been incredibly busy over the first quarter of this year, particularly in Western Australia and Queensland. The higher workflow has meant greater efforts to find good buyers both domestically and internationally.
As always we have included some key trends in the report to give our valued clients a good idea of how we are tracking against the market.
Slattery Auctions and Valuations are pleased to announce that we have entered into an exclusive relationship with Centrepoint Finance to “power” our latest offering, Slattery Finance.
This new partnership will provide our clients across Australia with access to an experienced team of finance professionals who can assist them in securing funding to purchase equipment both pre and post auction day.
Slattery Auction’s aim is to enhance our client’s experience by providing value added services. Slattery management see our new relationship clearly doing this via a trusted finance partner.
Stephen Day, Managing Director and CEO of Centrepoint Finance said “We have worked with Slattery’s and their clients informally over many years and pleased to be entrusted with providing this exciting new initiative on their behalf.”
Find out more about Slattery Finance
About Centerpoint Finance
Centrepoint Finance has been operating since 1982 and is one of Australia’s largest commercial equipment finance brokers. They operate throughout Australia and help clients achieve their businesses goals by accessing a diverse range of lenders and delivering a wide range of innovative financial solutions.
We love valuing and selling aircraft at Slattery Auctions, it’s an area of expertise for us. Our internationally trained staff have expertise selling everything from corporate jets and helicopters to vintage Tiger Moths.
Currently, we have three different aircraft for sale:
2010 Aquila AT01 (A210) Single Engine Propeller Aircraft
Auction: 10am Friday 29th April 2016 at Archerfield Airport, Qld
Click here fore more details
2010 Jabiru Aircraft Pty Ltd J-230 D Single Engine Propeller Aircraft
Auction: 2pm Friday 29th April 2016 at Redcliffe Airport, Qld
Click here for more details
1976 Cessna 402B Aircraft
Currently accepting expressions of interest
Click here for more details
What’s changing?
Buyer’s premium applied to cars, trucks and machinery will be changing. The fees for general items remain the same.
The new buyer’s premium for cars:
$0 – $2,999 = $385
$3,000 – $19,999 = $550
Above $20,000 = 2.25% (unchanged from existing BP)
The new buyer’s premium for trucks and machinery:
$0 – $14,999 = 11%
Above $15,000 = 8.25%
Keeping things simple
To ensure our fee structure is simple and straightforward for our buyers, all buyer’s premiums listed include GST. Unlike many other auction houses, you can rest assured that there are no other add-on costs. Slattery Auctions has:
Why are we changing?
We have not changed our Buyer’s Premium since we first opened in 2000. Our fees have been below the market for many years, and our updated fees will continue to represent better value than our competitors.
When does the change take place?
The new buyer’s premium becomes effective April 1, 2016.
What are the first auctions these changes will apply to?
Car Auction – Brisbane, Qld: 5th April 2016
Truck, Machinery, Car & General Auction – Perth, WA: 6th April 2016
Car Auction – Newcastle, NSW: 6th April 2016
This week our WA-based staff were excited to move into a new and improved facility in Perth.
The new address is:
33 Rothschild Place, Midvale WA 6065
Under instructions from Ferrier Hodgson in the matter of Vocation Group (In Liquidation), we are offering hundreds of items this week over several online auctions. Items include laptops, Apple iPads, Apple Macbooks, Apple iPhones, phone systems, desktop computers, TVs, mouses, keyboards, monitors, office furniture, and more!
Auctions Open: Fri 19th Feb 2016
Auctions Close: Fri 26th Feb 2016
The auctions are held across Australia. Please click the link below to view auctions items in your area.
Villawood (Sydney), NSW – IT Equipment and General
Stafford (Brisbane) QLD – IT, Hospitality and Miscellaneous
Dandenong South (Melbourne), VIC – Furniture and Fittings, and IT Equipment and General
Hazelmere (Perth), WA – IT Equipment and General
Items in online auctions are available for pick up, or we can organise postage for IT equipment at an additional charge. Note, we cannot organise postage/delivery for furniture.
In this report, we reflect on the final quarter of the 2015 calendar year and consider where we expect asset values to go in 2016.
We have included a special segment in this Quarterly Report on the impact on truck values from emissions regulation.
Slattery’s proprietary owned hybrid traditional and online simulcast auction platform continues to grow in popularity with a 28.5% increase in users. This has proved critical for keeping up values in struggling markets as our buyers are happy to purchase assets nationally increasing competitive tension at our auctions thereby increasing overall returns for our clients.
As always we have included some the key trends in the report to give our valued clients a good idea of how we are tracking against the market.
