It’s been a while since I sent you one of our “News” newsletters. A major reason, of course, has been the delay waiting for the results of the recent election and the subsequent new Government’s policies which are now being reveled.
“There must be some way out of here”
Said the joker to the thief
“There’s too much confusion
I can’t get no relief
Businessmen, they drink my wine
Ploughmen dig my earth
None of them along the line
Know what any of it is worth”
Bob Dylan – All along the watchtower
It’s been a while since I sent you one of our “News” newsletters. A major reason, of course, has been the delay waiting for the results of the recent election and the subsequent new Government’s policies which are now being reveled.
As readers of my newsletters will know, I’ve always believed a measure of confidence in the economy here is the housing market. And a great source of information regarding this is Tony Alexander’s publications, Tony’s view.
In a recent one “Investors will return earler” the key messages are: Investors will return earlier
- First home buyers remain actively engaged with the housing market.
- Demand from investors is rising.
- The confirmation of a change in government, alongside discussion of rising prices, is bringing more people into the market.
The international view according to The Economist is “New Zealand’s expansion will remain below its long-term average until 2024” with the October RNZ report saying Recession likely to be avoided.
And in the latest issue of Tony’s View, another strong indication of the increase in confidence, is businesses have reported that they are seeking, and finding, it easy to get staff.
By the way, my own thought now is the “bad times” really are over, and my own reliable measure of confidence – restaurants are open and well attended – has confirmed that. So, Bob Dylan, there is “some way out of here”.
Investing in New Zealand
Which leads me to reflect upon the sanctuary of investing in New Zealand. We’ve read the press stories from time to time about the US billionaires who have invested here.
These include Larry Page (Google), Reid Hoffman (LinkedIn), Peter Thiel, (PayPal) the late Julian Roberston (Tiger Management) John Griffen (a “Tiger Cub”) amongst the many that have made substantial investments in New Zealand. This shows we’re a country held in high regard there.
And their investments are often in rural assets which provide an “agribiz” sanctuary far away from the stress of big city USA and the myriad of global trouble spots.
The future
We can now see evidence of the new Government urgently revoking the past government’s state led programs and return the process back to the private sector, which we know will quickly find a way to tap into the US$5 billion that AmCham says is ready to invest in New Zealand.
Meanwhile the future looks good, as confirmed by this article predicting “The economy is set to gain momentum in 2024, driven by looser monetary policy, stronger sentiment, and an expected rebound in tourism”.
New Offers
In the meantime we are also expecting to announce other investment opportunities available before Christmas.
The most recent of these is a Skincare company which is an early-stage start-up producing premium men’s natural skincare brand and has identified and ambitious global growth plans. It’s already raised capital to develop and prove their first product through a crowdfunding offer.
They now wish to raise $250,000 to fund their next stage of growth. If you’re interested, please reply to this email and I’ll send you a copy of the IM describing the business and their Offer.
Wholesale Growth Capital
TBK Capital has restructured its business to meet the changing demands for equity and debt for emerging or fast scaling NZ Based Technology Opportunities alongside the Property and all other Industry segments.
The original TBK Capital Limited company was formed in 2011 as a Partnership with Tabak Business Sales. Here’s our first newsletter on what was the Brand New website subsequently formed.
Wholesale Growth Capital (“WGC”), is a new company that has acquired the shares in TBK Capital and is the new operating company housing TBK Capital which continues its operations as always, including arranging debt and equity for its clients. I am staying on as Partner in the Firm.
The WGC Brand and Products and Services are appropriately named, as we have recently contracted the exclusive New Zealand Territorial Rights to additionally provide our Clients access to the Australian based Wholesale Investor and its CRIISP Platform’s with its globally unrivalled Capital Raising Products and Services enabling new WGC Clients from NZ, to access our globally sourced Growth Capital in the form of Debt and or Equity with additional marketing and support to also successfully scale up in overseas export markets. https://www.youtube.com/watch?v=77e4qvSqmzY
For more information about Wholesale Growth Capital please contact Jonathan Duncan, my Partner in the Firm as follows: Email: j.duncan@tbkcapital.co.nz and Phone: 021 820 800
More information from us on this soon.
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Any reference above to investment is not an offer of financial products that requires disclosure under the Financial Markets Conduct Act 2013 (Act) and is available only to wholesale investors as defined by that Act. It is intended for distribution only to selected people to whom, under the relevant laws, it can be lawfully distributed. It cannot be distributed in any other jurisdiction, or to any other people. It is not an offer or solicitations in any jurisdiction in which such offers or solicitations are not authorised, or in which the person making such offers or solicitations are not qualified to do so, or to any person to whom it is unlawful to make such offers or solicitations. Any representation to the contrary would be unlawful. No action has been taken by any person that would permit a public offering in any jurisdiction where action for that purpose would be required.
Cheers
John Paine B.Sc., Dip BIA
TBK Capital Limited
Level 10, 120 Albert Street
Auckland 1010, New Zealand
Phone +64 9 307 3257
Mobile +64 21 902 901
Email john.paine@tbkcapital.co.nz