According to business reporter Michael Janda from ABC news, the US federal reserve interest rates are on the rise. He comments that in a globalised market, investors are likely to put their cash in places which attract higher interest rates. Naturally, as that happens, the local market will respond, and Australian banks will be forced to raise their rates accordingly.
So if you are genuinely looking for a business, the time to lock the interest rates is now for the next few years now and you be glad to have done so!
Business sales have been very depressed over the last 18 months and the multiples of (net profit) buying a business have dropped significantly in the last years, so now is the perfect time to buy the perfect business!