Articles by Matthew Gilligan
On 27 July I presented a Market Update webinar, with over 360 attendees. During the webinar I ran a poll asking if the attendees think we will have a change of government in the upcoming election
Note, the question was not “Do you want a change of government?”. It was simply asking if the people on the webinar expected Labour to lose the election and National (or a coalition with them) to win.
The results were overwhelming, with 92% expecting a change from being Labour led in 2023.
It is interesting to see that such a huge proportion of the people watching the webinar believe there will be a change of government (irrespective of which party they support).
Be careful of voting for minor parties
It is no secret that I am a National/Act supporter and that I think the Labour Government has been misguided with its tax policies and treatment of property investors, so I’m hoping this prediction is true. One of the points I made during the webinar, was to be careful for voting for minor parties. If they don’t get to the 5% threshold, your vote is thrown in the bin and effectively does not count. So be cautious of voting for a charismatic leader like Winston Peters, as charming as he is. If his party vote does not get to 5%, that effectively splits the vote on the right wing, wasting the votes.
More webinars in the Market Update Series
If you are interested in joining me on the rest of the webinar series (which runs over the next couple of months and includes updates on zoning & RMA, tax, finance, and the election) you can find out more and register here.
All the webinars will be recorded, and once edited, the videos will be found on our Tax & Property Videos page (where you will also find previous webinars we’ve held on property, tax, asset protection, finance and related topics – all free to view).
Always available to give great advice and helped us out in a difficult situation.
- Karen, November 2023
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