Articles by Matthew Gilligan
Friday, November 14, 2014

In 2012, the media focused on the comments of an economist, Shamubeel Eaqub, who is well documented for being anti-property. Bear in mind the media likes to present two sides to a story, in this case the counter point in the property debate. So Mr Eaqub fits the ticket for anything related to property bashing. Of note was this economist’s claim that owning property as a family home in New Zealand does not make sense, that you are better to rent houses and invest your home equity in the stock exchange. I found this information counter intuitive in relation to the property I routinely get involved with, so crunched the numbers.   ... Read Article

Thursday, November 22, 2012

We are scratching our heads at GRA, wondering if the world has gone completely mad. To say we are astonished at the opinions of one particular economist, Shamubeel Eaqub, whose comments were recently published in the New Zealand Herald, is putting it mildly.He said that New Zealanders are better to rent, rather than buy a property to live in. Is he insane?   ... Read Article

Wednesday, September 26, 2012

Draft legislation reflecting the Government's desire to reduce tax benefits in respect of mixed use assets has now been released. Mixed use assets are assets that are used for both private and business purposes with holiday homes being perhaps the best example of this. The rules are proposed to apply from 1 April 2013.  ... Read Article

Wednesday, June 23, 2010

Now that the dust has settled on what was one of the most anticipated budget announcements in recent memory, now is time to reflect on the impact of the announced and proposed changes on property investors.  In doing so I am going to focus on the specific impact of the tax changes and leave aside for the moment the wider macro effects of the impact of this budget on the economy.  Broadly speaking there are five areas where the tax changes will impact on property investors.  They are as follows:  ... Read Article