OCA - Oceania Group - retirement villages

[Blue Skies]

Just to be clear, Labour Party tax policy for at least this next term is, NO NEW taxes (so that rules out a wealth tax)
& only a new 39% tax rate on (an individual's) income over $180,000. (so a couple bringing in $300,000 with each earning $150,000 would not be affected).

Like many, concerned about a wealth tax on assets so thought better check it out.
With Labour on track for a very comfortable win, better they govern alone without the Greens in terms of tax.

[Baa_Baa]

How about you all take your politics and tax discussion to the appropriate off market threads.

[bull....]

Just to be clear, Labour Party tax policy for at least this next term is, NO NEW taxes (so that rules out a wealth tax)
& only a new 39% tax rate on (an individual's) income over $180,000. (so a couple bringing in $300,000 with each earning $150,000 would not be affected).

Like many, concerned about a wealth tax on assets so thought better check it out.
With Labour on track for a very comfortable win, better they govern alone without the Greens in terms of tax.

yes that would be the better outcome in terms of whats best for your OCA investment , ie the greens dont get into govt.

[mike2020]

They will maintain a relationship with the greens, they may need them for a third term even if they don't need them this time around.

Moved from FSF ex div (till recently was a supplier) to OCA and I want to tell everyone. Now my biggest holding and this time around I feel I timed OCA well. Been a very good few weeks. I like the information I find here. Thanks

[Maverick]

They will maintain a relationship with the greens, they may need them for a third term even if they don't need them this time around.

Moved from FSF ex div (till recently was a supplier) to OCA and I want to tell everyone. Now my biggest holding and this time around I feel I timed OCA well. Been a very good few weeks. I like the information I find here. Thanks

Welcome on the train Mike
There are some excellent and long suffering posters who have contributed some really good stuff on this thread. I agree that you think you have timed your entry right. Without another major disruption ahead I personally believe the story gets easier and easier to see from here on.
Guys here who have done awesome and difficult analysis over the years are about to become redundant when the bottom line is now poised to take over the talking.

[Bjauck]

Well for a start there's a good chance its already been taxed if it's savings.....

It is already (re)taxed if it earns income, not if it earns capital gains. Hence why Kiwis tend to invest in land for capital appreciation, and not into capital that boosts the productivity of labour. However the current system is unlikely to be changed by any likely government, so Oceania's ORAs prices are likely to continue to increase at rates faster than the increase in incomes...imo (DYOR)

[Beagle]

How about you all take your politics and tax discussion to the appropriate off market threads.

Hear Hear ! I've had more than enough of it too.

Welcome on the train Mike
There are some excellent and long suffering posters who have contributed some really good stuff on this thread. I agree that you think you have timed your entry right. Without another major disruption ahead I personally believe the story gets easier and easier to see from here on.
Guys here who have done awesome and difficult analysis over the years are about to become redundant when the bottom line is now poised to take over the talking.

Even the drunk monkeys will be able to start seeing the wood for the trees when OCA's announces its shockingly good half year results in late January and that Credit Swiss analyst who has a $1.30 price target will get a major wake up call too and have to upgrade substantially to avoid egg on his face.

[Blue Skies]

How about you all take your politics and tax discussion to the appropriate off market threads.

Just want to reassure you, this was a clarification regarding a tax policy which just like rising or falling real estate values would generally affect sales of Retirement units, i.e. if retirees are faced with a brand new large tax bill on selling the family home, this will affect both their thoughts around & purchase of Retirement units.

Definitely not being political, just a neutral clarification.
Potential political policies have flow on affects which should not be ignored.
Like sailing, we're all looking upwind to see what (or potentially) we're sailing into.

[bull....]

Just want to reassure you, this was a clarification regarding a tax policy which just like rising or falling real estate values would generally affect sales of Retirement units, i.e. if retirees are faced with a brand new large tax bill on selling the family home, this will affect both their thoughts around & purchase of Retirement units.

Definitely not being political, just a neutral clarification.
Potential political policies have flow on affects which should not be ignored.
Like sailing, we're all looking upwind to see what (or potentially) we're sailing into.

agree some people tend to be a bit narrow in there overview of things which can effect investments , tax does and always will effect peoples behaviour in regards to investments and as i pointed out the greens policy would mean the occupational rights in retirement villages would be taxable and could not be deferred

[BlackPeter]

agree some people tend to be a bit narrow in there overview of things which can effect investments , tax does and always will effect peoples behaviour in regards to investments and as i pointed out the greens policy would mean the occupational rights in retirement villages would be taxable and could not be deferred

B/S, it does not as pointed out before, but - if you really want to discuss tax or Green policy, could you please do that on some appropriate thread?