Articles by Matthew Gilligan
A number of clients have been asking us how the GRA directors are voting in the election, and we are happy to be upfront about this. Of course everyone has different perspectives and priorities, so we are in no way telling you what to do. But if you’d like to know who we will vote for and why, read on.
At GRA we are naturally focused on business, property, and tax. So our decision on who to vote for is based on what we believe will result in a better outcome for business owners, property investors, our client base, and of course ourselves personally.
In a nutshell, we are planning:
• Party vote: Act
• Candidate vote: the stronger of National or Act in the electorate
The rationale behind this is that Act are further right than National, will pull the Nats to the right, and reverse some of the social engineering that has been going on. They will ensure the undoing of the damage done by Labour to the property investment sector (and the negative consequences that are already flowing through to renters with increased rents and fewer properties available), and will keep National on track with such issues as reversing interest non-deductibility.
Act is very pro-business and has an attitude of encouraging and supporting people to succeed, which we believe is an important influence to have in Parliament. For far too long, people who are financially successful (especially property investors) have been treated as evil, when the vast majority are simply people wanting to provide for their families (and in so doing, they create jobs, provide homes, and contribute to the economy).
In saying that, it is entirely up to you to decide what issues are the most important to you and therefore who you should vote for.
The most important thing by far, of course, is to make sure you vote and have your say.
Hi Matthew, my name is Mark Soster and I would just like to congratulate you on your wonderful book Property 101. A few weeks ago I had a "financial awakening" and began devouring all the books I could find on the subject, however I keep coming back to yours. After 3 reissues from the library I think it easier now just to buy it. Wonderfully simple yet complex enough to require multiple reads and note taking. It has taken a lot of the fear away with regards to property investment but also tempered me with caution. Without it I would probably have stupidly invested anywhere but Auckland, telling myself it’s too expensive, I now appreciate why would you invest anywhere else? The numbers never lie, in a 20 year plan then Auckland is King for capital gain. As a fan of maths (the only perfect thing on earth?) I can see how each opportunity can be ruthlessly examined on a purely financial level. Anyway, thanks again, I will definitely be contacting your company with regards to coaching and expertise. - Mark Soster - October 2017
Gilligan Rowe and Associates is a chartered accounting firm specialising in property, asset planning, legal structures, taxation and compliance.
We help new, small and medium property investors become long-term successful investors through our education programmes and property portfolio planning advice. With our deep knowledge and experience, we have assisted hundreds of clients build wealth through property investment.
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