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Perriam & Partners Blog

Monday 13th July 2015

Will Greece go bust and leave the common currency?

Did you know that New Zealand's national debt is $100 billion? We read more about getting a new flag than our own debt problem.

Did you also know that 33% of the world's international Rugby players are from the Islands? For that reason alone the test last week against Western Samoa was definitely overdue.

Personally I feel it is time to batten down the hatches as our economy (in my view) is going to face some really tough trading conditions soon. Everything for the last 5 – 6 years has been just a little too good.

Is Aaron Smith the best half back that New Zealand has ever produced?

How are all the home executive Mums holding out at home with the kids during these school holidays? I hope you're taking a stance and banning the technology at times. Don't take the easy way out and give in.

Monday 29th June 2015

The sale of $750 million in city assets was approved by the Council last week. It's a bit of a joke really that we have had to wait so long and it will now take another 5 years to get some of the anchor projects such as the Metro Centre underway. Personally I favour a 49% sale of Christchurch Airport and we could have the Metro Centre and Rugby Stadium built tomorrow and much more. What do you think?

There's talk that interest rates could still fall further this year which is great for borrowers. Some of you will have seen BNZ has recently announced a good fixed rate below 5% - now that's pretty attractive.

Those mighty Highlanders have made it to the final of the Super 15 which is absolutely fantastic. Do you know that if you had put a bet on the TAB at the start of the season for the Hurricanes and Highlanders to make the final it would have paid $251: $1.  

What would be the first thing you would do with the $23 million that the lucky punter collected from the Rotorua supermarket this weekend?

Did you know that….

  • The average size of a new house has increased 50% since 1989?
  • Auckland land costs have trebled over the past 15 years?

Monday 22nd June 2015

The Black Caps – winning or entertainment? Which should it be?

Great to see five new faces named in the All Black squad of 41. How do you think these guys will be feeling this week?

The company that manufactures the orange road cones for Christchurch must be sitting pretty!

As winter has truly set in it may be time to invest in some of the listed power companies.

The last comment for Monday's blog must go to the mighty men from Otago, "The Highlanders". I was fortunate to be sitting in the stand and the atmosphere was absolutely awesome, the result even better.

Monday 15th June 2015

Some economists are predicting that the New Zealand dollar will get as low as US 60 cents, so that will make your trip to Disneyland just a bit more expensive.

A lowering in interest rates as a result of the Reserve Banks drop in the OCR last week and now more concerns over the skyrocketing property market. What else could they fill our newspapers with? 

The business end of the Super 15 is upon us and could it be the Highlander's year?

The proposal to give all rentals a warrant of fitness is a great idea. Let's just hope if it comes in that it does not result in an increase in rent for the tenant.

If you like pizza then how's this for a share price performance?

Domino's Pizza Share Price 

2012 up 34%

2013 up 60%

2014 up 55%

2015 so far this year 54%

Monday 8th June 2015

The Dairy Decline

How long will this last? What impact will this have on our economy?

Work Productivity

Do you want to be more productive at work? The key is to make sure you sleep at least seven hours a night. A study of more than 21,000 employees has found a strong correlation between lack of sleep and lower productivity.

Fifa

The Fifa investigations are just going to get bigger and bigger, do you agree?

As you may have read, there is speculation that Germany swapped missiles with Egypt for a vote some years back. If this is found to be true then this could mean prison for the many involved.

Mighty Crusaders

No finals on the cards = depression.org.nz.

Annual Awards

Perriam & Partners held their annual staff awards at Lone Star on Friday. Our awards are aptly named the P&Pberg Awards and follow a very similar format to the illustrious Halberg Awards.

It was a great night and culminated in Abby Ng being crowned our Employee of the Year for 2015.

Tuesday 2nd June 2015

Did You Know? 

·         This year bottled water is expected to overtake fizzy drinks as the world's bestselling soft drink. It was not that long ago that you got water for free out of the tap and you still can!

·         A billion people in the world live on less than $1.75 per day so, remember, it's not all that bad for you.

Did You Note

The Government made no mention of taxing purchases on overseas websites in the recent budget which must have been disappointing to all of our retailers.

Property Tax

Were you surprised with the Governments move on the property tax in the budget? In my view, this is just a gentle move into a full blown capital gains tax at some point in the future.

Win + A Win

Both the Tactix and the Crusaders had wins in the weekend so that will have raised the spirits of the red and black supporters.

Short Week

It's a short week and that means that there are no Monday blues for those who always have to navigate this hurdle.

Monday 25th May 2015

The $25.00 increase provided to beneficiaries in the budget was very Labour of National, don't you think?

As to kicking the $1,000 KiwiSaver kick start in the guts, I think that this is a disaster. Saving for one's retirement needs incentives and National just pulled that one right away from all those that are still to join. Definitely the wrong call made here.

Latest statistics show visitor arrivals to New Zealand numbered 2.96 million in the year to April 30th. Imagine the year/time when we could get as many visitors through the country that we have as our entire population.

Our beloved Crusaders now only have a remote mathematical chance of making the play-offs so they are all but out.

How concerned are you about the slow progress on the Christchurch Rebuild and in particular those Anchor Projects? The argument is that these things just need time but I'm not so sure the people of Christchurch and those that had visions of relocating to Christchurch can wait that much longer.

Monday 18th May 2015

J K. Obviously he is a great guy, a great player and a person who has an "aura" about him. A Sir even, but can he coach? JK, your number must be up.

What would our society be like if we did not abide by rules? The stand-off between the school and the boy's mother of Hornby High on the dispute over his facial hair is just another case of a parent intervening in school protocol and rules. Parent's - rules are rules and they need to be obeyed. Where are your children going to end up without rules?

Helping your child into their first home? Make sure that you have your own finances sorted first.

A recent survey showed 83% of children aged 10-17 use an electronic device for more than 3 hours per day. Check your child's posture when they are using this because they could be setting themselves up for some chronic posture problems later on in life.

Life expectancy at birth is now 83.2 years for females and 79.5 for males.

Whilst reluctant to mention it, I have left it for last. The Bachelor is finished, gone, the end, goodbye. All I can say is good riddance.

Monday 11th May 2015

Who is now over listening about what the Auckland property market is going?

Australia has now overtaken China as New Zealand's number one export destination so why on earth would we want to reach parity with their dollar?

Should we tax foreigners buying homes?

Will JK keep his job? Will the blues board give him one more chance?

It is such a tragedy to hear of all the accidents on our New Zealand roads this past weekend. Speed always has a lot to do with these tragic losses of life, yet why do we/they expose themselves to so much risk when you might only get to where you're going 3-5 minutes earlier? It is pointless and very sad.

Tuesday 28th April 2015

Our thoughts go out to the people of Nepal. They have the loss of life to deal with and the devastation, not to mention the daily challenges that many of them had pre-earthquake in the form of water quality, pollution and poverty.

ANZAC Quote

A great soldier does not fight for what is in front of him, but for what is behind him.

What's This All About?

We celebrate a day off for the Queen and one for when our World War soldiers died fighting for our country. What's that all about? How do they even begin to compare?

The Queen's birthday is really just a day off but ANZAC Monday has more memories embedded.

Happiest at Number 9

Did you see that we were named the ninth happiest country in the world? Switzerland came in at first place. Maybe it's all the wins Roger has had to date, in his career. The ladies in the office think that it is the chocolate!

The Town Hall, the Cathedral and Lancaster Park – Just Build Them!

We're four years on and nothing has been decided for their fate and future. Repair or rebuild? Just get on with it I say and bloody build them and we'll pay for them later.  That's what everybody does when they buy their first home and it generally works doesn't it?

Not a Bad Pay Day 

Googles chairman got paid NZ $144 million last year. Now that's not too bad is it?

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