The revival in residential construction stalled last month in what was a tough December for house vendors, though non-residential building perked up to end the year flat. 29-01-2010 more >>
Property remained the most favoured investment class in the last quarter despite property tax to be introduced in the next budget according to the ASB Investor Confidence survey. 28-01-2010 more >>
The housing market is showing signs of flattening, after rebounding in the middle of last year, according to ANZ's latest property gauges. 27-01-2010 more >>
Tax recommendations presented to the Government have been criticised as "an orchestrated attack on residential landlords" by the Property Investors' Federation vice-president. 21-01-2010 more >>
Real estate industry insiders have mixed views on some of the Tax Working Groups recommendations, which are designed to start taxing property investments harder. 21-01-2010 more >>
Press Release:
The Property Investors’ Federation is concerned about the high level of misinformation around taxation of rental property. 20-01-2010 more >>
Residential property investors face a double-whammy under proposals unveiled today by the Tax Working Group which could raise $2 billion from a sector currently costing taxpayers $150 million a year. 20-01-2010 more >>
House prices rose in 11 of the 12 regions throughout the country in December last year. Find out what else is happening in the main areas. 19-01-2010 more >>
The Inland Revenue is sticking with its controversial views on depreciation of residential rental property - but not winning a lot of support. 19-01-2010 more >>
New Zealand house prices edged up in December as the property market continued to recover from its trough last year, though activity was at a "concerning" low level. 18-01-2010 more >>
The pace of residential home-building continues to pick up, although few new apartments are being built and non-residential construction is down across most sectors, according to November 2009 building consent totals released this morning by Statistics New Zealand. 14-01-2010 more >>
RESIDENTIAL TENANCIES AMENDMENT BILL - 2nd reading commenced.
The Government commenced the second reading debate of the Residential Tenancies Amendment Bill on 8 December. This process basically means that Parliament is asked to adopt the bill as reported back, with amendments from the Social Services Select committee. 11-01-2010 more >>
Labour leader Phil Goff says his party is prepared to discuss a capital gains tax with the Government, opening the way for an accord on a tax that has long been a political hot potato. 14-09-2009 more >>
The outcome of a recent drug case has set the legal bar for landlords to deal with drugs being manufactured by tenants, or friends of tenants, in their rental properties. 16-04-2009 more >>
A leading corporate lawyer says a recovery might occur quite quickly once business and building owners become realistic about the value of their assets. 14-04-2009 more >>
Home buyers - including expats with an eye for a bargain - have returned to the market in strength, hunting both high end and investment property 13-04-2009 more >>
New Zealand property values fell 9.3% last month, led by declines in Auckland City and Manukau, as rising unemployment and waning job security counters the benefits of lower borrowing costs. 09-04-2009 more >>
The residential property market is picking up, but values are still dropping, according to the latest numbers released by QV Valuations. Find out how the main centres are faring below. 09-04-2009 more >>
