KEEPING THE DREAM ALIVE: QUEENSTOWN VISIONARIES BRING THE USD $1.5B+ GLOBAL LUXURY HOLIDAY HOME CO-OWNERSHIP WAVE DOWN UNDER
Move over Uber and Airbnb, the latest sharing economy to boom is the holiday home. It’s no wonder why… Who doesn’t want a multimillion-dollar, luxury holiday home for 1/8th the cost? Here’s how.
Queenstown, New Zealand – The appeal of owning a holiday home is undeniable. It’s exciting to imagine having a special place in another part of the country or world where you can create amazing memories with family and friends.
However, the cost can be difficult to justify in today’s market, especially if the home is only used for a few weeks each year. As a result, a global trend is seeing financially astute and environmentally savvy families drastically reduce the cost, responsibility, and environmental footprint of second home ownership through co-ownership.
In fact, co-ownership has become so popular that an American provider has recently received $1.5B valuation since its 2020 inception and more than 2 million USA holiday homes are co-owned.
Now, New Zealand/Australian co-ownership experts John and Sharon Russell have launched their latest business venture, Second Home, to help Kiwi and Australian families safely and reliably establish affordable second home co-ownership for themselves at 1/8 the cost.
The Queenstown visionaries possess 24 years’ experience with co-ownership having introduced syndicated boat ownership to the Australian and New Zealand markets in 1999.
“We have designed a practical and affordable way to fulfil the dream of owning a holiday home and creating those amazing memories of family holidays that become such a profound part of our lives,” said John and Sharon.
Second Home brings eight like-minded individuals together to own the title to their dream holiday home, enjoy it exclusively for six or more weeks each year and benefit from any market appreciation, whilst paying only a fraction of the cost.
Co-ownership significantly reduces the upfront and ongoing costs associated with owning a property and Second Home ensures the property is looked after and managed.
“We are excited to co-own a stunning property in Queenstown valued at approximately eight times what I have invested, with like-minded families. It’s affordable and flexible, allowing us to spend quality time together in one of the most beautiful parts of the world,” said Peter Hamilton, Second Home owner.
“Homes are luxuriously furnished, and a personal concierge is on hand to ensure that all is set up for your arrival. On departure, just lock up and leave and Second Home takes care of the rest.”
Second Home property locations include New Zealand (Queenstown Central, Jack’s Point in Queenstown, and Wanaka) and Italy (Mercatello sul Metauro and Venice) with the Gold Coast on the horizon.
From an investment of only NZD$316,000, suitable buyers can co-own one of these multimillion-dollar homes for themselves.
“So far, the interest and uptake have surpassed our expectations. Our first Queenstown property was so popular and went so quickly, that we secured two more in Queenstown and another in Wanaka.
“We only just started marketing Jack’s Point last week and two of eight co-owners have already purchased.”
“In uncertain financial times we have historically seen tremendous interest in the co-ownership model for both boats and holiday properties. During 2007 to 2009 our business Riviera Syndication experienced an increase in sales due to owners still wanting the leisure experience, but also wanting to be cautious with their investments.”
Co-ownership is also sustainable. “Instead of holiday homes sitting empty for a large portion of the year, we are seeing families embrace co-ownership and reduce their carbon footprint, while also boosting the local economy with more frequent visitors.
“It’s the perfect way to holiday and invest in real estate at the same time.”
For more information and full listing details, visit www.secondhome.co.nz or contact John Russell at +64 21 854 597 or jrussell@secondhome.co.nz or Sharon Russell at +64 21 863 759 or srussell@secondhome.co.nz.
About Second Home
Second Home is founded by experienced co-ownership pioneers and boutique lifestyle experts John and Sharon Russell, who have over 24 years of experience in co-ownership. They previously founded and operated Boatshare Australia in 1999 and Riviera Syndication luxury yacht co-ownership in Australia from 2007. Their new venture, Second Home, was launched in February 2023 in Queenstown, New Zealand with the aim of making second home ownership more accessible and sustainable through their holiday home co-ownership model.
Useful Links:
Media Contacts:
John Russell +64 21 854 597, jrussell@secondhome.co.nz
Sharon Russell +64 21 863 759 or srussell@secondhome.co.nz
SpaceBase “Space for Planet Earth Challenge 2023” seeks applicants from the Pacific region leveraging space technologies to address climate change.
Auckland, NEW ZEALAND, [18 May 2023]
The “Space for Planet Earth Challenge” officially kicks off today and invites students and innovators from New Zealand, Australia, the Philippines, and the Pacific Islands to participate. The Challenge seeks innovative ideas to combat climate change in the region.
Auckland based organiser SpaceBase is calling applicants to specifically use satellite data, in combination with other data sources, to help develop scientific methods to identify target areas of methane emissions around the world.
“SpaceBase leverages incentive prizes and space-based technologies to solve grand challenges on Earth”, said CEO and Co-founder Emeline Paat-Dahlstrom. “We hope the solutions created will further R&D as well as spark products and services in the realm of methane identification and monitoring in the region.” Methane contributes about a third of global warming worldwide and traps heat 25 times more than CO2.
The competition is open to two categories: high school level and university/start-up level. Qualified teams will be invited to participate in a three month incubator programme that will include learning about remote sensing and data analysis, as well as design thinking and prototyping. Shortlisted teams after the incubator will be invited to pitch their ideas during the final event hosted in Auckland in March 2024.
The grand prize winners and finalists will win cash prizes up to $25,000 NZD, mentorships, and more. Proposals to participate in the incubator programme can be submitted online between 18 May and 31 August. Full Challenge applications are due 25 February 2024.
The Challenge is sponsored through organizations like K1W1 Ventures, Callaghan Innovations, and the Auckland Space Institute. Our partners include the Government of New Caledonia, and the Australian and Philippine Space Agencies. See full list of sponsors and partners on the SpaceBase website.
For more information on submitting a proposal and other details, go to: https://spacebase.co/challenges/space-challenge-2023 or contact info@spacebase.co
Generational divides revealed: Kiwi investment preferences explored in new report
Highlights
- Younger generations are most likely to invest in shares, while Gen X say they are just as likely to invest in crypto. Term deposits are the top choice for Baby Boomers.
- 52% of Kiwis think 2023 will be a better year for investing than 2022.
- 87% think it’s important to invest in a socially responsible way.
Auckland, New Zealand – There is a distinct difference in investment preferences across generations of Kiwis, shows a new report from Banked. The personal finance website surveyed 1,020 New Zealand adults about their inclinations and attitudes to investing.
When asked what type of investment they were most likely to invest in, the top choice for Gen Z and Millennial Kiwis was shares (26.8% and 24.2%, respectively).
Property was the second most common choice for Gen Z, with 19.3% of those aged 18 to 26 saying they were most likely to invest in that investment type.
Along with shares, Gen X say they are just as likely to invest in cryptocurrency (both selected by 21.3% of respondents).
Those of the Baby Boomer generation are much less interested in shares (13.3%) while more than a third (35.2%) say their top investment choice is a term deposit.
“Our report shows a fascinating difference in the investment interests of Kiwis across age groups,” says Kevin McHugh, Head of Publishing for Banked.
“The boom of micro-investing apps and the popularity of so-called ‘Reddit stocks’ has captured the imagination of younger generations and they’ve really embraced investing in shares and funds.
“But as we move up the age groups there’s a declining interest in shares and a much greater attraction to lower-risk term deposits,” says McHugh.
“We also see that while home ownership has become increasingly difficult in recent years, it hasn’t dented the aspirations of younger people to own property.”
See the full report: https://www.banked.co.nz/nz-investor-report-2023
Most Kiwis optimistic for 2023
Banked’s report also shows that a majority of New Zealanders believe this year will be more fruitful for investors.
Asked if they thought 2023 would be a better year for investing than 2022, more than half (52.2%) said yes. Only 17.1% said no, while 30.8% said they didn’t know.
“Twenty twenty-two was a turbulent year for investors, with most investment types losing value. But most Kiwis are feeling more positive about 2023 and some may turn to investing as a way to counter the impact of inflation,” says McHugh.
A nation of socially responsible investors
The new report reveals the importance of environmental, social and governance (ESG) investing to New Zealanders.
A huge 87.1% of respondents say it’s important to invest socially responsibly, and only 12.9% disagree.
Gen Z feel the most strongly about the topic, with 90% saying it’s important. But the belief was uniform across all ages, with no age group dropping below 82%.
For those that say they didn’t think socially responsible investing was important, a desire just to get the best return possible is the main reason for most (42.4%), while 32.6% say they thought it made no difference.
ENDS
About Banked
Banked is a financial information and deals website that has the goal of helping New Zealanders make the best decisions on the products they need.
Christmas crunch: 60% of Kiwis stressed about the cost of Christmas
30 November 2022, New Zealand
Highlights
- Kiwis to spend an average of $623 on gifts this year.
- Women much more stressed about Christmas costs than men.
- Almost two-thirds would pay more for a sustainable gift.
The majority of Kiwis feel stressed about the cost of this year’s Christmas, reveals the latest research from personal finance information website Banked.
A survey of 1,020 New Zealanders found that 60% of Kiwis describe themselves as either a ‘little stressed’ (46%) or ‘very stressed’ (14%) about the expenditure involved with this year’s festivities.
Women are feeling under more pressure than men, with 70% reporting some level of stress, compared with 49% of men.
Banked’s Christmas spending report found that Kiwis will spend an average of $623 on gifts this year. Women said they expect to spend $566 on average, while for men that figure climbs to $712.
“With rocketing inflation and a cost of living crisis to contend with, lots of New Zealanders are really feeling the pinch this Christmas,” says Kevin McHugh, Head of Publishing at Banked.
“Many will be worrying about their personal finances when they should be able to wind down and appreciate some well-earned time off with friends and loved ones.”
Banked’s research also found that sustainability is an important consideration for Kiwis when buying gifts. Almost two-thirds (65%) say they would be willing to pay more for a gift if it was sustainable, such as one that involved zero waste or was made from recyclable materials.
Younger people are even more interested in sustainable gift-giving, with 76% of those aged 18-24 (falling into the Gen Z age group) stating that they would be willing to pay more for a sustainable gift.
Conversely, under half (49%) of those aged 55 and older say they would be willing to pay extra for a gift if it was sustainable.
“Sustainability is a vital issue and it’s pleasing that so many Kiwis are willing to support it, even if it costs them a little extra at the checkout,” says McHugh.
See Banked’s NZ Christmas Spending Report 2022.
Top ways to save this Christmas
Don’t feel obligated to spend beyond your means – “Christmas is an expensive time and many feel pressure to spend money that they don’t have,” says McHugh.
“Don’t feel an obligation to buy gifts you’ll struggle to afford or take part in every costly social event. Put your wallet and your wellbeing first.”
Secret Santa or group gifting – “Arranging a Secret Santa is a great way to cut costs. It can also be lots of fun and lets you focus on getting a great gift for one person.
“Chipping in with others for a group gift is another excellent way to save, plus it makes it possible to purchase an otherwise unaffordable present,” says McHugh.
Set a budget (and stick to it) – “It can be easy to overspend at Christmas. But by setting a budget and keeping track of your spending, you’ll make managing your finances over the festive period much easier,” advises McHugh.
ENDS
About Banked
Banked is a financial information and deals website that has the goal of helping New Zealanders make the best decisions on the products they need.
Media Giants Call on Biden to Drop Charges Against Assange
Five of the world’s leading news outlets have sent an open letter to US President Joe Biden asking him to drop the charges against Australian Wikileaks founder Julian Assange.
The letter states the charges against him set a ‘dangerous precedent’, relating to receiving and publishing classified material that revealed war crimes, torture, and environmental crimes. Assange is currently in a maximum security prison in London, and hundreds of doctors warn he could ‘die in jail in the coming months’.
The New York Times used a photo of the Human Chain around British Parliament on October 8th, that New Zealander Matt Ó Branáin inspired. Ó Branáin welcomed the statement from the top Media brass saying ‘Joe Biden cannot run from this any longer. It would be a huge mistake to allow this disastrous prosecution to fall under his legacy. Free Speech is integral to the US identity and international respect.’
Ó Branáin renewed calls for Jacinda Ardern to intervene diplomatically with Joe Biden and Rishi Sunak, saying ‘the case imperils not only Global Press Freedom, but New Zealand journalists working or travelling abroad, the integrity and safety of our troops, and the broader New Zealand public’s right to know. Staying silent on this is complicity, and will not age well, especially if he dies in prison. The public awareness of the significance of this case is growing every day.’
The letter signed by five major media outlets states:
‘This indictment sets a dangerous precedent . . . Holding governments accountable is part of the core mission of a free press in a democracy. Obtaining and disclosing sensitive information when necessary in the public interest is a core part of the daily work of journalists. If that work is criminalised, our public discourse and our democracies are made significantly weaker. . . It is time for the U.S. government to end its prosecution of Julian Assange for publishing secrets.’
Publishing is not a crime.
The editors and publishers of:
The New York Times
The Guardian
Le Monde
DER SPIEGEL
El Pais’
Lemon.io revealed the list of digital nomads’ safest and healthiest destinations: Australia, Germany, Hungary, New Zealand, Norway, and Portugal take
Lemon.io, a talent marketplace connecting venture-backed startups with vetted software developers, rolled out the list of the safest and healthiest countries for digital nomads.
Lemon.io analyzed data from two leading indices for health and safety — the Global Health Security (GHS) Index and Global Peace Index (GPI) — to determine the healthiest and safest countries with visa opportunities for digital nomads. Among the leading countries in the GHS Index, which measures every country’s preparedness to deal with public health emergencies like epidemics, are Australia, Germany, New Zealand, France, Spain, and others. As for the most peaceful countries in the world, the countries that topped the list include Iceland, New Zealand, Portugal, Czechia, and Hungary.
Combining the two statistics, Lemon.io discovered the six countries that should be on any digital nomad’s definitive work destination list, both in terms of health and safety. These are:
- Australia
- Germany
- Hungary
- New Zealand
- Norway
- Portugal
There are also visa-pending states that are likely to be added to the main list as soon as the digital nomad visa issuing starts. These are Italy, Latvia, and Indonesia.
“Currently, there are nearly 40 countries that issue special visas for digital nomads. While many still measure their appeal based on traditional criteria such as cost of living, visa requirements, or infrastructure development, the past years have shown what truly matters: health and security. Having helped 800 remote developers around the world find employment, we at Lemon.io know firsthand how important it is to be comfortable working in different countries and under new circumstances,” — said Aleksandr Volodarsky, CEO of Lemon.io.
To help all the wanderlusts decide on their next destination, Lemon.io has prepared an informational starter pack for each destination option, which includes information on average monthly rent, estimated cost of living, eligibility, visa duration, visa cost, and the required monthly income to live comfortably in their desired location.
See Lemon.io’s full analysis of the top countries in terms of safety and health here.
ABOUT LEMON.IO
Lemon.io is a talent marketplace of vetted software developers created with the big goal of connecting global venture-backed startups with world-class talent from emerging countries. The company is now on the way to providing jobs to a thousand engineers by the end of 2022.
Kiwi Inspires Global Free Assange Human Chain Events
Auckland activist Matt Ó Branáin has inspired a worldwide movement of Human Chains on October 8th to free jailed Australian journalist Julian Assange.
Ó Branáin proposed the idea of a Human Chain to #HugBelmarsh prison, which gained international support, and was retweeted by Julian’s wife Stella Assange. Due to some difficulties surrounding the prison, it has turned into a #FreeAssangeHumanChain of 5,000 surrounding British Parliament.
Now 16 cities around the world will hold Free Assange Human Chains, including Washington DC, Ottowa, Wellington and Paris all on October 8th.
Ó Branáin says ‘I feel simultaneously humbled and in awe of what a difference any of us can make, when we inspire others to unite. There’s nothing we can’t do when we stand together.’
Julian Assange is currently in solitary confinement in a UK Supermax Prison, despite not serving a sentence. Top forensic psychologists, a UN expert, and hundreds of doctors say Julian Assange is being ‘tortured’ and is likely to die in the next few months if he is not freed.
‘This is the most crucial Human Rights battle of this Century, because the Right to Know is the master key to protecting all our rights. Every credible authority from the UN to Amnesty International is saying Julian’s imprisonment, and the US charges against him undermine Global Press Freedom. If it’s a crime to tell the truth we can’t solve anything. ‘
Ó Branáin has launched a campaign asking kiwis to help him go and represent Aotearoa at the Chain in London. He will write the names of all who support him on raranga flax ribbons he will take to the event.
‘I know from talking to kiwis everywhere, nobody wants an Aussie journalist to die in prison for telling the truth. We gotta get him out. I’m asking kiwis to get behind me so I can represent them.’
Matt is a teacher, media-designer and musician, who became intensely engaged on the Assange case when he read the findings of the UN Special Rapporteur on Torture Nils Melzer. For two years Matt has devoted the majority of his time to campaigning on this. He formed Aotearoa 4 Assange, and he recently committed to wearing what he calls ‘Gitmo Chic’ every day till Julian is free. An orange Guantanamo Bay style prisoner suit, and sign. ‘It’s been starting conversations everywhere I go. Kiwis are not at all happy when they hear an Aussie journalist is being tortured to death for telling the truth.’
‘Our Government, and Jacinda Ardern, need to urgently engage in diplomatic representations with our allies the UK and US, to ensure Julian’s release. All our rights are imperilled by his imprisonment, and by the US charges against him. There isn’t a bigger threat to the Western Democratic system than this case.’
‘Jacinda Ardern, has criticised misinformation at the UN, but where does she stand on truthful reporting?’
- #FreeAssangeHumanChain around UK
Parliament, London, 1pm October 8th, 1pm - #FreeAssangeHumanChain at the Beehive, Wellington, 12pm October 8th.