Tax Changes Update

The Government’s release of draft legislation this week was disappointing on a number of fronts. First, what was expected to be complex legislation has been successfully made nearly indecipherable. Second, it is of course disappointing that they are pressing ahead with the rules being effective from 1 October despite only this draft version being availableContinue reading “Tax Changes Update”

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”

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”

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”

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”

COVID-19 and the economic path ahead – key takeouts

The economy is going into a deep but short-lived contraction. It’s going to be painful, but it is entirely necessary to avoid even worse health and economic outcomes further down the track. No one knows how deep the hole is or precisely how long it will take the economy to recover. But, the important pointContinue reading “COVID-19 and the economic path ahead – key takeouts”