Market Outlook 2014 event – Waikato
Property Council Waikato is hosting its Market Outlook 2014 event on 13 February with a list of high-calibre speakers offering insight into the business climate for the year.
Presenters include Reserve Bank Manager of Forecasting, Willy Chetwin, Colliers International National Director of Research of Consulting, Alan McMahon, and Hayden Farrow from PwC.
Reports of interest rate rises and improved business confidence have created a buzz in the business and property sectors. According to Hayden Farrow the next big change expected is a capital gains tax.
“But that is unlikely while National is in power.” Mr Farrow will be outlining some of the property related tax changes currently in Parliament and will discuss recent tax cases. He will also comment on the tax treatment of earthquake strengthening costs.
Beca’s Richard Douch says New Zealand has recently been described internationally as “the ‘rockstar’ economy for 2014”. “It’s an exciting description and one that would see the Waikato region playing a lead role in the band. The Waikato’s contribution includes significant infrastructure projects, residential and commercial growth, and primary sector and industrial growth – particularly in the manufacturing and food and beverage sectors,” said Mr Douch. “All of this adds to business confidence and there is an air of excitement, albeit with a touch of conservatism, with businesses we interact with regularly in the region.”
Waikato branch president, Rob Dol, says this is a very exciting opportunity for members and guests to take advantage of inside information directly from the people that are in the know.