Over the last two months Tony Alexander, former chief economist at BNZ, has been a welcome voice in investment circles, providing balanced
analysis of what is happening and looking at the short- and long-term impacts of current events.
His most recent article (shared
with permission) surveys spending plans and find that people still intend to improve their own homes and buy property. New shoes and of
course travel find themselves much further down the list.
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As an accountant is not a place for my personal political opinions, but professionally speaking I’m pleased with this result, and cautiously
optimistic we might have a friendlier tax environment for the property sector for at least a few years. But what does this mean for property