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Hi Geoff. A warm welcome to Mac-Forums.
Your shiny new Mac will have shipped with macOS Sierra and Office for Mac 2008 does not play well with it.
Where have you heard that?
I have a 27-inch iMac that is only a few months old. Office 2008 is running perfectly on it. Office 2008 also supports *all* of the latest Microsoft file formats.
http://roaringapps.com/app/microsoft-office-2008
I'm guessing that the original poster had problems with Office 2008 because of the way that it was installed. Office 2008 came on a CD, and recent Macs don't have an optical reader. In trying to transfer Office 2008 to a newer computer from an older one, there are a bunch of files strewn all over the computer that need to be moved over. He easily could have missed some of them.
LibreOffice is a credible replacement for Office. However, if one will be exchanging files with other Office users, and it's really important that they open and look perfect (e.g. in a business environment), then it may be that only Office will do.