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Aussies Still Keen on Boats Despite Economy

Last updated on June 29th, 2018 at 04:35 pm

horizon p105 tri deckWhether you’re in the market for a tinny, or a floating gin palace, the Sydney International Boat Show was the place to be earlier this month. And despite the current gloomy economic conditions, boat companies are reporting strong interest and strong sales at both ends of the market.

Although the boating industry is feeling the effects of the economy, officials at the show reported good sales of multipurpose boats or ‘mum and dad’ boats. These boats are a newish breed designed to be used for a range of activities – fishing one day and family boating the next. Considering that in Australia 93% of registered vessels are under 8m long, this is a big chunk of the boating market.

At the other end of the scale, there does not seem to be any shortage of buyers for floating palaces either. A spokesman for Taiwan based Horizon boatbuilders, who were showing off their $10M P105 Tri-Deck, fitted out with marble, leather, a jacuzzi and nine plasma TV screens, said he sold at least one boat a month.

Although you’ve missed the Sydney Boat Show (with anything up to 100,000 visitors probably the third largest boat show in the world, behind the Genoa and Dusseldorf shows), if you’re in the market for a boat, or you just want to do some window shopping, there are a few shows coming up: The Brisbane Boat Show at South Bank is on 23-26 August and the new Power, Sail and Paddle show is on at Manly Harbour September 21-23.

Aussie Boat Loans provides fantastic advice and options for marine and boat loans. Give them a call today on 1300 769 999 for a free consultation.

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