MARTIN HAWES ON:
‘‘Most New Zealanders should have 40 per cent or more of their money outside of New Zealand.
‘‘New Zealand by international standards is very small. It has a small economy with limited opportunities for investment and it’s very brittle. It’s an economy based on agriculture and tourism and it’s not hard to see it snapping and breaking at some point.’’
‘‘It’s too highly valued and too much in politicians’ sights.
‘‘Politicians of all colours are saying they want to curb property prices.’’
‘‘Because it’s very expensive I personally invest through list property trusts, which give really good income and are not subject to the political interference residential property is.’’
‘‘It seems to be doing very well but it is something of a fickle industry and not one that I personally invest in. I can’t see any reason why it wouldn’t go [from strength to strength] except for some type of financial or natural disaster.’’
‘‘Some of the major players here are very good businesses. They are governed and managed very well.’’
‘‘I’d like to see some other industries come in here with really good higher paid jobs for people . . . in education, technology, health.’’
‘‘It must be very difficult financially for middle-income people to make their way here. I think we need to be careful because we run the risk of hollowing out that middle part. We’ll always have young people running lifts and making coffee and wealthy people will always be here. It’s that middle place that we depend on for all our services.’’
‘‘Money has no value but the life that money can give is invaluable. There’s just no point in accumulating money for its own sake. She who dies with the most toys does not win. But money is the resource that allows you to do things and gives you choices.
‘‘It’s a means to an end. It’s not the end game in itself.’’