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Showing posts from July, 2024

10 Best Profitable Franchises To Buy in Australia

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Investing in a franchise can be a lucrative venture, and Australia offers numerous profitable opportunities. The top 10 profitable franchises to buy in Australia include well-known brands such as Jim's Group, Boost Juice, and Baker's Delight. Jim's Group is renowned for its diverse services, ranging from mowing to cleaning, providing a steady revenue stream. Boost Juice is a favorite among health-conscious consumers, known for its refreshing smoothies and juices. Baker's Delight stands out for its high-quality baked goods and loyal customer base. Other notable mentions include Anytime Fitness, with its 24/7 gym facilities; Laser Clinics Australia, offering advanced cosmetic treatments; and GYG (Guzman y Gomez), a popular Mexican food chain. Additionally, franchises like Roll'd, a Vietnamese fast-food chain, and Swimart, a pool care service, also show promising returns. Investing in these franchises ensures strong brand recognition, comprehensive support, and a highe...

Transgrid, ETU fight leaves generators stranded and power prices under pressure

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A bitter industrial row between electrical workers and the company that owns the high voltage power lines in New South Wales is spilling into the electricity market amid claims of stranded generators and rising wholesale prices. Matt Murphy from the Electrical Trades Union said "heaps" of generators had been left offline in recent months as workers escalated their fight against Transgrid, the private firm that owns the transmission network in Australia's most populous state. Among them are believed to be one of the units at the giant Eraring coal-fired power plant in the Hunter Valley along with a raft of renewable energy projects waiting to be connected to the grid. To read news in detail:  https://www.abc.net.au/news/2024-07-09/transgrid-etu-fight-leaves-generators-stranded-and-prices-rising/104073188

Promising sign for battling renters emerges amid ultra tight rental vacancy rates

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   Property investors have delivered a small ray of sunshine to Australia’s embattled rental community, with vacancy rates across the ultra-squeezed market easing slightly in June after years of sustained tightening. REA’s latest PropTrack Market Insight Report shows the national rental vacancy rate rose by 0.09 per cent in June to hit 1.42 per cent, with Sydney and Melbourne leading the pack. Sydney lifted 0.2 points to 1.68 per cent and Melbourne has edged up 0.12 points to 1.5 per cent. Know More:  https://www.news.com.au/finance/economy/australian-economy/data-shows-slight-easing-in-ultra-tight-rental-vacancy-rates/news-story/695c5e207ee9bc3c60ac4d23b4b1fdb2