The correct facts about tax and rental properties

Press Release – NZ Property Investors Federation

Westpac Economist, Dominick Stephens, says that property is more lightly taxed in NZ compared to other assets. He quotes a Tax Working Group study to make this claim. Read more »

REINZ welcomes softened stance on Overseas Investment Bill

Press Release – REINZ

REINZ welcomes softened stance on Overseas Investment Amendment Bill but still believes ban wont solve housing price issues Read more »

Century 21 home loans prove popular

Press Release – Century 21 Real Estate

Were picking up a lot of first-home buyers who have been turned away because they dont quite fit a big banks very stringent lending criteria. And with first-home buyers arguably the most active in the market currently, weve been busy, says … Read more »

Foreign buyer screening law reported back

Press Release – New Zealand Government

The Bill putting in place the Governments policy of banning overseas buyers of existing houses has been reported back to Parliament by the Finance and Expenditure Select Committee. Read more »

Childcare centre land and building for sale

Press Release – Bayleys

The land and buildings housing one of Aucklands biggest and most modern childcare centres has been placed on the market for sale. Read more »

Property prices chill in the Super City

Press Release – Trade Me Limited

Property prices chill in the Super City Aucklands average asking price fell a small, but significant $350 on last year to $918,650 in a sign the Super City’s property market is settling back to a more normal rhythm after years of frantic growth, according … Read more »

Penrose office building for sale

Press Release – Bayleys

A commercial building and land in the South Auckland suburb of Penrose which has been had been owned by a local family trust for over 20 years has now been placed on the market for sale. Read more »

Café premises for sale has property investors frothing

Press Release – Bayleys

The land and building with the internal fittings in place to sustain a modern suburban neighbourhood caf overlooking a busy roundabout have been placed on the market for sale. Read more »

Zodiak launches Airbnb Property Management Service

Press Release – Zodiak Management

Zodiak Management has recently launched their Auckland Airbnb management service for owners of central city properties. Read more »

NZ house prices, volumes increase in May

Article – BusinessDesk

June 14 (BusinessDesk) – New Zealand house prices rose in May as more properties changed hands, showing the market is buoyant heading into winter, the Real Estate Institute said. Read more »

PMG launches NZ Property Thinkbook

Press Release – Property Managers Group

TAURANGA, June 14, 2018 Today property and fund manager, Property Managers Group (PMG), has launched the NZ Property Thinkbook, a publication which brings together some of the best economic, investment and property minds in the country. Read more »

$27k price increase sees NZ hit new record median price

Press Release – REINZ

A year-on-year price increase of $27,000 has seen New Zealand achieve a new record median house price of $562,000 a 5.0% increase according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete … Read more »

More hypocrisy from Government & Greens

Press Release – New Zealand National Party

The hypocrisy of the Government has been thrown into sharp relief today with Land Information Minister Eugenie Sage unable to justify her partys about face on sensitive land sales to foreigners for water bottling, Nationals Land Information spokesperson … Read more »

REINZ welcomes news about KiwiBuild Interest

Press Release – REINZ

REINZ welcomes news from the Housing Minister that there has been overwhelming interest from developers in KiwiBuild Read more »

Volunteers sought for heritage group

Press Release – Timaru District Council

Timaru District Council is offering people the opportunity to help protect the heritage of the district by being part of a heritage steering group. Read more »

Housing NZ Internal Meth Investigation Needs Wider Input

Press Release – Tenants Protection Association ChCh Inc

The Tenants Protection Agency welcomes the Housing Ministers decision to order a full investigation into how Housing New Zealand has handled the meth myth fiasco. Read more »

Consented hotel development placed on the market

Press Release – Bayleys

The land and consented building plans for a seven-storey hotel, retail and residential complex in Central Christchurch have been placed on the market for sale under instruction from the propertys mortgagee. Read more »

Ministry of Social Development branch sale

Press Release – Bayleys

The land and building housing the Wanganui branch of the Ministry of Social Development have been placed on the market for sale. Read more »

Grenfell Tower fire and ACP panel investigation

Press Release – Wellington City Council

Following the tragic fire in the Grenfell Tower in London and, in New Zealand, a nationwide MBIE request to gather information about buildings clad in aluminium composite panels, Wellington City Council has identified 113 buildings with aluminium composite … Read more »

Ministers grant overseas investment consent

Press Release – New Zealand Government

Land Information Minister Eugenie Sage and Associate Finance Minister David Clark have granted an application under the Overseas Investment Act 2005 for Cresswell NZ Ltd to purchase land to expand the existing Otakiri Springs water bottling plant … Read more »

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