‘We want to show everyone that Filipinos can be trusted’: What drove these van rental owners to set up business

Key Points

• The market size of the Car Rental industry in Australia is measured at $1.5bn in 2023, according to IBISWorld.
• Panyero’s Van Rentals started in September 2020 as a full-on business with a beginning capital of $30,000.
• The partners used to have their own businesses - Augusto was into buy- and-sell, Jacob had a car mechanic shop while Briones was an IT contractor.