It is always difficult to predict the next twelve months but some trends are starting to emerge and some earlier predictions are coming true.
I believe house prices, in the main centres, will continue to appreciate, especially Auckland which has already started to occur. This is due both to supply and demand. There are less new dwellings becoming available as there are fewer being built (especially in the apartment market), demand is increasing due to higher immigration figures, more Kiwis returning home and a natural population increase.
Interest rates will go up but in the second part of the year only as the Reserve Bank honors it’s commitment to the nation when it said it would keep rates low. The amount they go up all depends on the recovery happening, how strong it is and if unemployment is starting to fall.
Each month the international credit crisis moves further into the background and hopefully next year it can be consigned to part of global economic history.
It is here to merely check out if the application word press to twitter is working while I build the site.
The site will be up and running in the near future and will feature one of New Zealands leading accountants as he and I post various case studies based upon the experiences we have had over the years.
The idea came about at our last conference where Stephen and I were discussing the various business issues we had faced on behalf of various clients and about how we often created written advice that was then filed away and archived.
In our discussion it was quite evident from the queries we were getting from other accountants and financial advisers that some of these experiences we had had over many years would be a great and valuable resource.
With a back ground in Financial Advice, a mortgage broker and the owner of 2 real estate agencies I am able to provide a perspective that compliments Stephens exceptional accounting knowledge.
We hope everyone will enjoy the site as we populate it with the many case studies we will be able to provide.
If you have a particular scenario you would like us to write about drop us a line using the Contact page.
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The Areas we will be focusing on to begin with are:
Business Info about Business in General Business Plans Specific Business Plan Information and Tips New Business Thinking about starting a new business then these case studies are for you. Investment Case Studies about Investment Real Estate Real Estate, we all love Real Estate but is it really all its cracked up to be Share Market The Share Market. It’s not as scary as you might think once you know a bit about it. Tax Tax. Tax? Tax! What can we say about tax? A lot!!! GST Oh yes our wonderful Goods and Services Tax Tax Return Information about Tax Returns Mortgages The things people want when they don’t have one and want to get rid of once they do have one. Facts and Figures For those of us who like to quote facts and figures this will be the section for you.
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