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The recent earthquakes that destroyed many homes and infrastructure in New Zealand have somehow driven a housing boom in the country. But as the rebuilding kicks into high gear, the construction industry is at capacity. CNBC has the full report:

New Zealand needs workers by the thousand to keep its building boom going.

From electricians, brick layers and carpenters, through to architects, engineers and quantity surveyors, the thousands of open jobs are threatening to derail growth.


Almost 80 percent of construction companies reported vacancies in 2016, with 58 percent of those saying jobs were hard to fill, according to new data from Statistics New Zealand.

Labor pains are already weighing on markets. Shares of Fletcher Building have dragged on the S&P/NZX 50 this week, as the stock nears a 12-month low after slashing guidance by around NZ$100 million ($70.07 million).

The country’s biggest builder now expects full-year operating earnings of between NZ$610 million and NZ$650 million ($427.42 million and $455.45 million), versus a NZ$720 million to NZ$740 million ($504.5 million and $518.51 million) range forecast just a month ago.

Chief Executive Mark Adamson cited spiraling wages and labor-related project delays for the downgrade.

“It’s the tightness of the market, the availability of subcontractors, and subcontractors obviously pricing to economics 101,” he told investors on a conference call.

And while the RBNZ stood pat Thursday, citing “extensive geo-political uncertainty,” the longer-term outlook is positive, supported in large part by construction.

The building boom is a decade in the making, as infrastructure spending increases and house prices climb.

“Residential construction is obviously booming,” Guy Davidson, director of construction specialists Cobalt Recruitment, told CNBC.

“There’s a shortfall of about 30,000 to 40,000 homes in Auckland currently and more around New Zealand generally.”

“Non-residential construction is absolutely booming as well… the sector is actually doing precisely double today than it was back in 2011.”

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Why You Should Invest Offshore


Many a times, offshore investing has been demonized in media painting a picture of investors stashing money with some illegal company somewhere in Caribbean island where tax rate is almost zero. On the contrary this myth is far from truth. Most, if not all of offshore investing is legal. Offshore investing will offer you several advantages depending on your situation

The term offshore investing is used to refer to broad range of strategies of investments which exploits the merits offered out of the investor’s home country. The following are advantages that come with offshore investing.


Protection of assets – Offshore centers offer the perfect and prudent place for ownership of assets through a foundations, trust or international corporation or holding company.  It is possible to transfer individual wealth ownership to legal entities.  Many investors who are worried about estate planning or frivolous lawsuits can feel at home investing from offshore location. By legally transferring ownership to an entity; investors asset in entity may be protected from many kinds of future lawsuits or political malfeasance in home country.


Many offshore jurisdictions allow complementary advantage of secrecy legislation. The countries have passed strict laws regulating banking and corporate confidentiality. There are serious consequences in case of breaching these laws. For example, divulging customer’s identity; openly disclosing shareholder is considered to be a breach of confidentiality in banking in some countries. This does not necessarily mean that offshore investors are criminals who want to hide something. Offshore laws allow identity disclosure only in clear circumstances of money laundering, drug trafficking, other activities that are illegal.

In the case of a high profile investor, keeping confidential information such as his identity, secret while accumulating a public company shares gives that investor huge legal and financial advantage. It is a characteristic of high profile investors to keep stock they investment confident especially from the public.

Most millionaires do not wish for a bunch of fish eying the same stock they intend to buy. Offshore jurisdiction allow investors to hold investments in private or public companied with a degree of privacy and protection that provides fiscal transparency;  ie. no withholding or taxes on dividends, interest or capital gains within the offshore jurisdiction one is investing from. It wise to note that investors may have a tax obligation in resident country even though there is none within investing country.  The Investor is free to trade on every stock exchange from the tax neutral platform of an offshore center.  Investing across borders and around the globe with the safety provided by stable offshore financial center.




The Process For Buying a House in Calgary

Since you have saved enough money for Buying a house In Calgary, what next? You might notice that you have made a huge step forward but the real task has not yet started. Once you have the money that you budgeted for, the first thing that you ought to do is to determine the price point that you are able to qualify for when buying a house in this part of Alberta.

calgary homes for sale

How do you do this?

To be able to find a house that best suits your budget, tastes and preferences, you will have to gather all your financial information together and then visit a mortgage broker for pre-approval. Chances are that the money you have is not enough and thus you might need a mortgage to top it up. The mortgage broker of the bank will pre-approve you before you can proceed to start doing your search.

Find a reputable real estate agent

If you are not well adept with the real estate industry in Calgary, Alberta, it might be a good idea to seek the help of a real estate agent. The good thing with agents is that they have done business in the area for a long period of time. In that case therefore, they are the best placed to guide you into choosing the best house to buy.

So, you have been pre-approved and found the right agent, what next?

Once everything is in order and you have found an agent that will walk you through the entire process, you now need to start shopping around for that new home. Whether you are searching for a single family home or a condo, your personal preferences and budget will determine where you will start your search.

  • First of all, you need to figure out the quadrant of Calgary that you prefer to live in. From there, you can decide whether you will stay in the suburbs or the inner city. Take note that the further you go into the city, the more expensive the houses will become.
  • Secondly, you need to pick a neighborhood where you will buy the specific house or condo. In this case, just try and pick out a few neighborhoods, do your own research on the internet and then try and drive around the area to have a feel of how it is like. Driving around that neighborhood will give you a feel of the area and also help you to make the right decision with regards to the place you are choosing to invest in.

Now it is time to make the purchase!

Once you have decided on the neighborhood, you need to move on and make the purchase. In this phase, you need to choose the style of a house you need. There are three main classifications in buying a house In Calgary;

  • 2 storey
  • Split level
  • Bungalow


Experts will suggest that you should make a list of needs versus wants before going out to shop for the dream home. This will help to ensure you have a good idea of what you want and need in that home.

Your chosen real estate agent will have to work closely with you in this case so that you don’t go wrong. The agent would have pulled some comparables within the neighborhood so that you can look at them. Just make sure when you are looking for calgary homes for Sale Alberta, you get one that suits you and your family perfectly.


Real Estate Investment: Entering The Market Today

Many people these days are considering the world of real estate investments. While this can be an enticing offer to dive into, there are a couple of things that you will need to know and consider before you dive into this head first. The first thing that you need to make sure that you keep in mind is that real estate investments are not for everyone out there. Investing in this is very desirable from both a long and short term point of view. It involves tangible assets that escalate in value, or at least retain value, over time under normal circumstances.

Real Estate Investments

If you enter the current market with the intention to invest in real estate for the long term, now is an incredible time to do so because of the fact that in a down real estate market, the value of your investments can only go up. The last down real estate market happened during the early nineties, and by the mid nineties, most of the people who knew the trends and jumped on board wound up making a fortune on their investments. Yet, that market was nothing compared to what we have in front of us today. The current market is filled with killer deals that are filled with equity and have the potential to be the greatest investment of your life. Now is the best time to act on this great opportunity before it slips away and leaves you filled with regret and longing for what you could have had.

Long term real estate investments can pay off in many ways. Maybe you were worried about the state your finances would take on once you retired. Well with real estate, you do not have to. With your real estate investments, you can create a positive, passive cash flow very easily in a number of ways. One easy way is to get a property and rent it to own. By doing this, you aren’t responsible for any of the buildings maintenance, the tenants are. So you can go through your day, being able to count on that cash with little to no work on your part at all. Another way is to obtain an apartment building. There are a great number of ways other than these to make a good living by investing in real estate for the long term, and with the potential gain to be had in this economy, any wise and informed person should pursue these opportunities.

Tips on Hiring the Best Locksmithing Company

The desire to find the best locksmith company can sometimes be marred by a lot of upheavals, most especially if you are not endowed with enough tips to find one. As it sometimes works, one may be caught in an emergency, and this requires an attention of a locksmith company operating on 24 hour basis. Therefore, what are some of the factors to consider when you want to hire the services of the best locksmith company?

what to do when locked outCreative Commons License

The registration of the locksmith company

The authenticity of the locksmith company you are hiring should be one of the paramount factors to bear in mind before you spend your hard earned cash in hiring one. It is prudent to carry out an extensive research to in a bid to examine if the company you are dealing with is duly registered. This way, it would be easy for you to seek a legal redress in case there is any anomaly with the company.

Experience of the locksmith company

This is yet another important tip to bear into consideration before hiring a company of choice. Experience plays a major role in the works of the locksmith company. Therefore, one should try as much as possible and hire a company that is known for having vast experience gained over time.

The cost of service delivery

How much do you intend to pay for the locksmith services? Before hiring the services of the company dealing in locksmith, it is important to research what other companies pay for the services and compare. As a matter of fact, you should go for the company charging relatively friendly costs for the services delivered. learn more here.

The employees of the company

Lastly, the employees working in the company should also form the basis of the considerations to bear in mind before you hire one. Check with the company if its employees are duly qualified for the task besides attaining extra courses on good customer handling tips. Some locksmiths don’t have any employees and prefer to work alone, like this locksmith in manchester.