National’s Housing Sideshow

Press Release – Affordable Auckland

Nationals Housing Sideshow Its sad that the National Government has taken the bait offered by its opponents and allowed itself to be distracted by sideshows over the issue of housing affordability, says Affordable Auckland Mayoral candidate … Read more »

No let-up in pace of rental market

Press Release – Trade Me Property

Median weekly rents continued to grow steadily in the 12 months to April, rising 6.3 per cent to a record-equaling $420 per week. Read more »

Goodman Property lifts FY earnings 5.4% on revenue growth

Article – BusinessDesk

May 20 (BusinessDesk) – Goodman Property Trust, which has teamed up with Singapore government-owned GIC to develop the Auckland Viaduct Quarter, lifted annual earnings 5.4 percent as it reaped higher rental revenue while clamping down on costs. Read more »

Tax test will only impact 1000 house sales

Press Release – New Zealand Labour Party

The Governments proposed test to tax property investors is likely to affect less than 2 per cent of all house sales, Opposition Leader Andrew Little says. Read more »

NZ’s youngest real estate business owner busy in Silverdale

Press Release – Century 21 Real Estate

At just 20 years of age Andy aBeckett is the youngest licenced real estate business owner in New Zealand. Read more »

Colliers wins four RICS Awards

Press Release – Colliers

Colliers International wins four awards and achieves runner up in four more industry leading awards. Read more »

Taranaki Masonic Trust engages Bayleys Real Estate

Press Release – Bayleys Realty Group

Taranaki Masonic Trust engages Bayleys Real Estate to sell its retirement village villas to residents Read more »

Free Press: ACT’s new regular bulletin

Press Release – ACT New Zealand

Capital Gains in Housing After years of pointing out the problems with unaffordable housing, the government is finally acting – by tinkering round the edges. Opposition parties are exasperated as they had wanted to do the same tinkering themselves. We … Read more »

House prices to crack $1 million in 17 months

Press Release – New Zealand Labour Party

The average Auckland home is on track to cost $1 million in 17 months time if nothing substantial is done to rein in soaring price rises, Labours Housing spokesperson Phil Twyford says. Aucklands house prices have skyrocketed 63 per cent … Read more »

RBNZ house alert speech the catalyst for government action

Article – BusinessDesk

May 18 (BusinessDesk) – Prime Minister John Key all but conceded that pressure from the Reserve Bank of New Zealand for concerted action on rampant Auckland house prices was one of the main catalysts for the government’s weekend announcements about tightly … Read more »

Habitual Fix announces US franchise deal

Press Release – Hotwire

30 US stores and $6 million in franchise royalties expected during deals initial ten year term Read more »

Dorchester Property sells Goldridge resort for $8M

Article – BusinessDesk

May 18 (BusinessDesk) – Dorchester Property Trust, the hotel investor spun out of the financier and insurer formerly known as Dorchester Pacific five years ago, has agreed to sell the Goldridge Resort Queenstown to an entity associated with one its … Read more »

Burgerfuel Opens Two New Restaurants Today

Press Release – BurgerFuel

As BurgerFuel gears up for scalability and growth, today the company tested its own systems by opening two new restaurants in two different countries; BurgerFuel Upper Hutt in Wellington, New Zealand, and BurgerFuel Rosalie, in Brisbane, Australia. … Read more »

13.7% lift in profit and potential expansion of Sylvia Park

Press Release – Kiwi Property

Kiwi Property today announced a very positive annual result for the year ended 31 March 2015, capping off a year of transformational change in which the business moved from a trust to a company structure and rebranded as Kiwi Property. In its first … Read more »

Autumn Colours Signal Seasonal Slowdown

Press Release – REINZ

Data released today by the Real Estate Institute of NZ (REINZ) shows there were 13 fewer farm sales (-2.6%) for the three months ended April 2015 than for the three months ended April 2014. Overall, there were 485 farm sales in the three months … Read more »

NZ Dollar Outlook: Kiwi may decline on rate cut speculation

Article – BusinessDesk

May 18 (BusinessDesk) – The New Zealand dollar will probably decline this week, amid expectations increased measures to curb rising Auckland house prices will give the Reserve Bank greater leeway to cut interest rates. Read more »

John Key selective with facts on capital gains tax advice

Press Release – Green Party

Both the IRD and the Treasury have produced previous advice supporting a capital gains tax, including advice about bright line tests advice that conflicts with John Keys statement today that Nationals about-face on a capital gains tax … Read more »

Press Release: Capital Gains Tax Not a Real Solution

Press Release – Conservative Party

The capital gains tax announced by National is a sticking plaster approach that will do little to address the real housing problem in Auckland, says Conservative Party Leader Colin Craig. What we need is a real solution. The only certain … Read more »

New Tax Rule ‘Unlikely to Have Any Impact’ – Tax Expert

Press Release – New Zealand Taxpayers’ Union

The Taxpayers Union is critical of the Governments capital gains tax budget measures, which were announced yesterday, claiming that the measures will cause more complex tax rules but have little effect. Read more »

Takapuna Market Goers Queue to Support Holiday Park

Press Release – Save Takapuna Beach Holiday Park

When the Devonport-Takapuna Local Board asked their local community for its opinion on the future use of the Public Reserve at the Northern end of Takapuna Beach, surely they had no idea of the depth of feeling for the historic Takapuna Beach Holiday … Read more »

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