StockTalk

Quote from: Basil on Today at 10:19 AMThe new investment grant,  (20% immediate write-off for new assets including new commercial buildings) is highly likely to be abolished under a looney left coalition.

So denying a depreciation claim then allowing a one off 20% accelerated depreciation claim. Sensible consistent policy???

In most cases it is just a pain in the ar*e, only the commercial property developers got a real long term benefit from it, although they will need to pay it back when they sell the property.

The idea of the upfront 20% accelerated depreciation claim on new assets was designed to encourage investment in new plant and equipment for NZ businesses. I guess the commercial property developers got thrown a bone with this.

The new investment grant,  (20% immediate write-off for new assets including new commercial buildings) is highly likely to be abolished under a looney left coalition.

Yes Snapper me old mate, Robbing Hood was very popular back in the day in England.  Just as well we know history never repeats...Opps...hang on a minute...

I see that Fisher's has appointed a new Chief Investment Officer to manage the three funds. Is that the extent of the changes demanded by the Board? If so I don't think it will be enough to stop the decline - they should be dumping Fishers altogether as most shareholders are demanding. This is just re-arranging the deckchairs on the Titanic in my view.

Crikey, nice action on close yesterday.....SP up to ATH of $9.20 plus a $0.30 divvy arrived in the bank.

Quote from: snapiti on Oct 15, 2026, 07:08 PMIMO you maybe off the mark with no potential change in interest deductibility for commercial as well. Lets not forget a combination of Labour greens Opportunity, Maori is super keen on robbing the rich to pay the poor. Furthermore the right block IMO have thoroughly underestimated how large a portion of the population have been doing it real tough, this will show at the polls.   

IMO in this case your opinion is worth squat.

You are castastrophizing re the left winning. Very few, if any commercial developments would happen if interest was not deductible. Stopping interest deductibility on commercial developments would not happen so it is one thing you can stop worrying about at night. I am sure there are some real issues that you could be concerned about.

That said there is no depreciation on commercial property but I guess this gets claimed when buildings are repaired. National reintroduced this policy denying a depreciation claim, so I guess it is sensible policy rather than government theft.

The lack of interest deductibility on residential property did not apply to new builds. It was designed to discourage rentiers buying up existing properties and doing f all to add to the nations growth except make housing expensive.

Quote from: Dolcile on Oct 15, 2026, 08:48 PMI'm finding it hard to get excited by this election.  So many unlikeable characters

thats another reason why the Opportunity party has come into play and the right block have failed to read the room, making them look like they are completely out of touch with a large amount of voters doing it very tuff, even as a right block voter I tip my hat to the lefty campaign

Quote from: Basil on Oct 15, 2026, 07:58 PMYou've framed this up as a form of Robbing Hood.  Luxon needs to eat a large helping of Humble Pie and be very prepared to talk to the Opportunity Party, in my opinion.   Agree, its a very tough economy for most people and that does no favours to the incumbent parties in power.
Frankly though, "Better starts now" has all the hallmarks of Oceania's slogan "Believe in Better"
 

lol, "robbing hood" nicely put, yep the opportunity party stance is one of many missteps from luxon.
The left blocks strong campaign of "robbing hood" has struck a cord with the many who are doing it tuff, mean while the right block just keeps fumbling along. 

I'm finding it hard to get excited by this election.  So many unlikeable characters

Quote from: snapiti on Oct 15, 2026, 07:08 PMLets not forget a combination of Labour greens Opportunity, Maori is super keen on robbing the rich to pay the poor.

You've framed this up as a form of Robbing Hood.  Luxon needs to eat a large helping of Humble Pie and be very prepared to talk to the Opportunity Party, in my opinion.   Agree, its a very tough economy for most people and that does no favours to the incumbent parties in power.
Frankly though, "Better starts now" has all the hallmarks of Oceania's slogan "Believe in Better"
 

Quote from: Apollo on Oct 15, 2026, 07:36 AMYou think so?
A capital gains tax based on realised profits might cause property companies to stop overtrading and be more thoughtful with their purchases or developments and hold for the long term.

Interest deductibility only applies to residential property.

A land tax admittedly would be a cost to the property companies but the value of the land is probably only a small part of the total value of the property so might not be that bad overall 1.75% of the land value annually. Not good but not the end of the world.

Rising interest rates are a bigger problem for property company shareholders I would have thought. As well as the economy, I see a few businesses going bust, but hopefully the property companies have some of the biggest most stable companies as tenants.

IMO you maybe off the mark with no potential change in interest deductibility for commercial as well. Lets not forget a combination of Labour greens Opportunity, Maori is super keen on robbing the rich to pay the poor. Furthermore the right block IMO have thoroughly underestimated how large a portion of the population have been doing it real tough, this will show at the polls.