New Zealand’s Housing Markets

Strong demand for housing, extreme shortage of listings, strong interest from overseas buyers inc. expats, some buying sight unseen. Strong sales in the high-end bracket $3 to $6m. Swamped with buyer enquiry. Everyone seems to be clambering to get a slice of the action. Bare land, sections, new builds existing houses. All attracting huge buyerContinue reading “New Zealand’s Housing Markets”

Growth Supporting Factors

Interest rates We have probably seen the lows this “cycle” for wholesale borrowing costs a month or so ago. Rises from here are more likely than declines, but those rises will be capped by central banks around the world adopting a deliberate risk preference. A number of central banks have stated that they prefer toContinue reading “Growth Supporting Factors”

Stock Market Update

Global markets were mixed overnight (S&P 500 Index +0.5%) as US stimulus talks, jobless claims and a surge in coronavirus cases across Europe kept financial markets cautious.  The number of Americans filing for state unemployment benefits last week dropped more than expected to 787,000, but remained stubbornly high. The market rebounded off its earlier lows afterContinue reading “Stock Market Update”

Tax Rate Change

On 9 September 2020, Labour announced a new tax rate of 39% on personal income exceeding $180,000 per annum. Key points that we know so far: •    Applies to individuals only, i.e. an individual on a salary of, say, $200,000 will pay an additional $1,200 per annum •    It does not apply to combined householdContinue reading “Tax Rate Change”

Investment Strategy

In this blog I share my current property investing strategy (as at August 2020), because there is a window of opportunity for investors that is likely to close soon. I outline the main points below.  Finance  At present, some banks are lending 80% on investment properties, which is good news for investors. At the sameContinue reading “Investment Strategy”

Seven Cash Flow Strategies

The COVID-19 (coronavirus) pandemic has forced governments around the world to implement extreme lockdown policies. Although this has helped contain the virus, the impact on their economies and, more specifically, small to medium sized businesses, has been devastating. For business owners, the phrase “cash is king” has never been truer as they try to weatherContinue reading “Seven Cash Flow Strategies”

Australia & New Zealand Market Movers

The Australian market was in the red yesterday (ASX 200 Index -0.8%) as reporting season continues to drive some big individual share price moves. Wesfarmers shares were down slightly after the company reported a -69% fall in net profit for the 2020 financial year, to $1.7 billion. The previous year’s $5.5 billion net profit was boostedContinue reading “Australia & New Zealand Market Movers”

New Zealand’s Housing Market

KIWIS RETURNING HOME There are one million Kiwis overseas, including near 650,000 in Australia. Many have long-term plans to return to New Zealand and it is likely that many will choose to bring forward those plans in light of virus worries and lockdowns which have made us focus attention on our lifestyles and family. ReturningContinue reading “New Zealand’s Housing Market”

Where cheap properties are likely to be in Covid-19 aftermath via Tony Alexander

Until now, I’ve concentrated on the big-picture factors which will influence our housing markets through and beyond the Covid-19 crisis. To dig deeper and find particular pressure points, I sent a survey out last week to the near 250 real estate agents and mortgage brokers on the emailing list for my weekly publication. I askedContinue reading “Where cheap properties are likely to be in Covid-19 aftermath via Tony Alexander”

Top Corona Tips

The Government is putting things in place to help the country get through this period of uncertainty, which everyone should consider adopting if required. Secondly, there are a number of commercial strategies that I think business owners and investors should be looking at to soften the blow, or frankly, survive. I intend to keep thisContinue reading “Top Corona Tips”