Tim Calder

Gareth Morgan (Sam Morgan’s father) gave an interesting presentation at the Dunedin Town Hall last night with proceeds going to the Otago Community Hospice. This presentation was a lot different to what I thought was going to happen, as it had quite a sales pitch to it with a lot older audience.

Gareth Morgan Investments is a New Zealand owned and operated business which specialised in the management of Kiwi’s wealth for more than a decade, now currently managing over $1b in Private Portfolios, Superannuation and KiwiSaver schemes.

The reason that I was inspired to go to this presentation is because I have always been interested in Gareth’s discussions about New Zealander’s bad habit of property investment. As property is a keen area of interest of mine I wanted to hear his arguments first hand. As I thought, Gareth’s key argument centered around residential investment properties which is a little different to the Student Investment market that I follow. The difference being that there is a shortage of Student flats in close proximity to the University of Otago so students will be always forced to pay a premium, in comparison to standard residential investments that are unable to command such premiums as a greater range exists.