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Despite a lower number of businesses offered for sale, private business values were relatively stable in the final quarter of 2010, according to the latest BizExchange Index.
Although market confidence jumped towards the end of 2010, the September quarter revealed business values holding steady, according to the latest survey from the BizExchange Index, which measures private business value. The group expects the Australian economy to stay relatively flat for the next 6-12 months, continuing its general forecast.
The value of Australia's private businesses are stuck in neutral as the global economy continue to grind its gears, according to a quarterly study.