MORTGAGE ADVICE

From Alliott Investments mortgage specialist Andrew Smillie

 

INTEREST RATE UPDATE

·          Rates remain relatively static at present with most banks offering a floating rate of 6.5%.

·          However, Andrew is able to gain a discounted interest rate for his clients.

 

·          For even more competitive rates consider short term fixed interest rates as banks are currently charging around the 5.5% mark for 6-12 months.

 

·          Andrew can analyse your personal situation and offer a range of mortgage options to suit.

 

To contact Andrew phone (09) 837 6083 or 021 815 589 or email him here.

 

INVESTMENTS ADVICE

From Alliott Investments investment specialist David Burt

 

POSITIONING FOR THE UPTURN

The tide has clearly turned where economic news is concerned.   Globally, we’ve gone from news that was 100% “bad and getting worse” to news that’s “more good than bad”.   The OECD has just revised up by 0.8% its estimate of world economic growth for 2009, the US and Japanese economies now looking less dire than had been thought.

 

The OECD has revised up growth for 2009 in China to 7.7% (up from 6.3%) and Australian growth to 2.4% for 2010.   In short, it gets better from here .

 

How do investors take advantage?

·          Firstly, share markets will not wait for confirmation writ in stone that “there was positive growth last quarter”.   Markets will anticipate.   You have to be in the market before government accounts eventually publish confirmation of today’s forecasts.

 

·          Secondly, buy fixed interest wisely . The OECD now says that the tax take in Australia will rise faster than previously thought (incomes are rising faster) which will reduce the loans the Government needs to raise.   A fall in supply to the market of Australian Government-issued debt will under pin the value of existing fixed interest.   Buying now looks attractive.

 

Ask us about options for share market exposure, especially in Australia.   And we can show you how to get access to the Australian fixed interest market.

 

To contact David phone (09) 5209200 or email db@alliott.co.nz .

A copy of David’s Disclosure Statement is available on request, free of charge.

 

INSURANCE ADVICE

From Alliott Investments insurance specialist Gerard Gill

 

WHAT IF YOU GET A FLAT TYRE ALONG THE WAY?

Owning a business is a bit like driving a car. You head down a road towards a destination which for most of us is the eventual sale of our business. What happens if we get a flat tyre along the way? Do we have a spare? Do we crash?

 

If you have two business partners the likelihood of something happening to one of you before 65 is 61%.

 

It is important to have a strategy (your spare tyre) to get you through the temporary or permanent loss of a business partner.

 

We are able to assist with developing your strategy and how to minimise the financial implications. Call our business risk specialist Gerard Gill to arrange a time to discuss the options or audit your current plan.

 

To contact Gerard phone (09) 5209200 or email gg@alliott.co.nz .

www.alliott.co.nz