“Hanging on for deal life” is a saying of desperation…right? Actually, it’s a statement of how precious life is. You see, it was coined by someone hanging off a cliff about to fall to their death…and in that moment, that moment when they are on the precipice of departing this mortal coil, they suddenly realised…
Read MoreOur beloved NZ has serious challenges; we are not faring as well as other small countries… we may well be at a critical inflexion point. As property investors it is important to understand the key issues, the likely future coalition structure on both sides of the spectrum, how each of them might deal with the…
Read MoreThat’s a line from the musical Hamilton which I recently saw…an amazing show. Alexander Hamilton was a founding father of the US – his early life was hard, he fought in wars against the British, he worked incredibly hard for President George Washington, and then he died in a duel defending his honour. Reading his…
Read MoreWho will ever forget Mel Gibson as William Wallace commanding his kilt-wearing kin to ‘hold’ as the English charged them on mighty steeds? Then at the last possible minute, he yells ‘NOW!’ and they lift sharpened poles to massacre the unsuspecting enemy. Perfect timing takes a perfect mix of imagination, hard work, and chutzpah. When…
Read MoreIt feels like inflation has become a bit rock’n’roll. In the way that rock’n’roll 50 years ago was ‘bad’, almost shocking, but now, just another music genre. Parents used to fear what Mick Jagger would do to their daughters. Now – not so much. Pop, drum and bass (please no more drum n bass on…
Read MoreHome lending interest rates have dropped, and I am left wondering whether we should breathe a sigh of relief that this is the end of interest rate hikes or be cynical and assume that this is a simple marketing ploy by banking marketers who have had the heat put on them to lift borrowing enquiry.…
Read MoreIt was not so long ago that I frequently heard people saying “we are in new era where interest rates will never return to pre-GFC levels”. I listened to a bank economist link interest rate spikes to population explosions, like the post World War 2 baby-boom phenomenon. The argument was that if you went back…
Read MoreErskine Owen director Alan Henderson sat down with economist Dr David Skilling to discuss how changes in the global economy might affect New Zealand. David advises governments, companies, and financial institutions in the Asia Pacific, the Middle East and Europe on dynamics in global macro, economic policy, globalisation, and geopolitics. A global decoupling…
Read MoreNo I don’t have a fail proof vaccine. What I have assembled are a few ideas on ways to deal with this lockdown and the impacts it may have. Hope it helps in some way. 1. Think exponential – not linear. Times like these interrupt our linear approach to work and life. No point thinking linear…
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Residential Property Investment Post Covid 19 – Directors Market Commentary
Two months ago NZ’s property market was on its way to posting record high house price growth. And then Covid came. While we navigate the property market through these extraordinary and uncertain times – there is one thing that is not new in times of crisis, and that is the speed by which the media…
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