Economic and new vehicle supply trends (a bit of history)
In the past two and a half years (since Q4 2019), we have experienced the following:
In the past two and a half years (since Q4 2019), we have experienced the following:
Thanks to current high and estimated future profits, there are many dealer groups and investors looking to acquire dealerships. Automotive dealerships have proven to be excellent investments in both good and bad economic times.
Dealerships in Australia are typically valued at goodwill plus net tangible assets to arrive at their enterprise value. The goodwill component is usually calculated as a multiple of earnings, or NPBT.
From humble beginnings operating as J Hill & Son, fresh fish merchants at the Melbourne wholesale fish markets in 1864, PFD Food Services has evolved and grown to become one of Australia’s largest family-owned businesses.
Welcome to our latest Wealth Management Update. This edition covers the following topics:
Australian equity portfolio Note: Default is in AUD unless otherwise stated. Amcor Plc (ASX: AMC) Share price 14/9/22: $17.70 Result FY22 Revenue US$14.544b, up 13% on the pcp. Underling EPS US$0.805, an increase of 7% on the pcp (at the upper end of the FY22 guidance). Key points FY23 guidance was given for adjusted […]
The Australian property market has seen substantial ebbs and flows in recent years following the onset of the coronavirus pandemic in 2020.
Welcome to our Superannuation news – September 2022.
As a SMSF trustee, it is your responsibility to ensure that the assets are valued correctly.
During the 2022 Federal election, the government announced that it would support a further reduction to the downsizer contribution eligibility age from 60 to 55 years.