Increase in owner operators of heavy machinery leading to increase in secondhand imports

The massive rapid increase in mining jobs over the past decade has led to a big increase in skilled machinery operators. Now as the construction of the mining infrastructure is slowing down, this skilled workforce is coming back down to the big cities, looking to utilise their new skills and many are looking to buy … Continue reading Increase in owner operators of heavy machinery leading to increase in secondhand imports

Surveys show companies looking to equipment finance to ease cashflow; finance a mining truck (for a cool $5M)

Two recent surveys have pointed to an upswing in Australian companies financing equipment purchases, a sign of confidence returning to the business sector. The first poll, conducted by GE Capital, was of 5,200 CFO’s in the Australian mid level market, and showed renewed confidence in the first six months of 2012, with main concerns being … Continue reading Surveys show companies looking to equipment finance to ease cashflow; finance a mining truck (for a cool $5M)