PMG launches NZ Property Thinkbook

PMG launches NZ Property Thinkbook

Expert opinion on the economy, investing and property in one place

TAURANGA, June 14, 2018 – Today property and fund manager, Property Managers Group (PMG), has launched the NZ Property Thinkbook, a publication which brings together some of the best economic, investment and property minds in the country.

Drawing on expert opinion from Cameron Bagrie, founder of Bagrie Economics and former chief economist at ANZ, James Paterson, Head of Wealth at PIE Funds, Connal Townsend, CEO of NZ Property Council and PMG CEO, Scott McKenzie, the Thinkbook debates the economic and investment outlook for Kiwi investors over the next 12 to 18 months.

PMG CEO, Scott McKenzie says the aim of the NZ Property Thinkbook is to help Kiwi investors unravel the clouded outlook for New Zealand’s economy and property sector.

“There has been much speculation from multiple sources both here and overseas on what is going to happen to New Zealand’s solid economic run in the months and years to come,’ says McKenzie.

“Some global economists are predicting another debt crisis while others are more temperate. They all agree however that geo-political uncertainty and increasing protectionism doesn’t bode well for the global economy.

“In 2016, New Zealand’s total household assets surpassed $1.5 trillion[1], and we know it’s closer to $1.7 trillion now,” he says.

“Of this, $1 trillion is in property with a high proportion being residential property. We felt compelled to provide some clarity and give Kiwi investors a factual account from local experts on what they believe the New Zealand’s economy and the property sector will do over the coming months,” says McKenzie.

To receive a free copy of PMG’s NZ Property Thinkbook PROPERTY to 226 or visit http://www.propertymgr.co.nz/

[1] https://www.stats.govt.nz/news/new-zealands-net-wealth-passes-1-5-trillion
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