Otago Property Investors Association Inc

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Archive: June 2007

Rebound shows 'remarkable resilience'

James Weir of the Dominion Post reports that business confidence is rebounding despite high interest rates and a high flying dollar and economists say this is another sign of "remarkable resilience".
29-06-2007 more >>

Inquiry into Housing Affordability – Submissions closed

Written submissions to the Commerce Select Committee Inquiry into housing affordability (examining the cost of housing for first home buyers) –closed this month (15 June).
29-06-2007 more >>

Loan arrears increase

Loans underlying New Zealand residential mortgage-backed securities (RMBS) recorded a slight rise in arrears greater than 30 days over the March quarter.
22-06-2007 more >>

Cullen looks at changing tax laws for investment properties

The Government is looking at removing a tax advantage for those who own rental properties.
21-06-2007 more >>

Investors reject capital gains tax

Property investors are rejecting suggestions that a capital gains tax will check soaring house prices.
19-06-2007 more >>

Answer not a tax, accountant says

A captial gains tax to cool the booming property market was a knee-jerk reaction toa  cyclical problem, leading Dunedin tax accountant said yesterday.
19-06-2007 more >>

Rises, rises all around

Home owners or people about to sign up to a mortgage to buy a property don’t have many good interest rate choices in front of them at the moment.
15-06-2007 more >>

Developer offers back $5million

A high flying Auckland property developer has warned others in his sector they could be inadvertently flouting the securities law beacuse of the way they sell housing developments.
14-06-2007 more >>

Housing tax advantage a myth - IRD

Inland Revenue says it is a myth that investments in housing have a tax advantage over other types of investment.
13-06-2007 more >>

Affordable-housing bill 'perverse'

The Property Council says the Government's solution to boost cheap houses for first home buyers would push up the prices of other houses.
12-06-2007 more >>

Key promises more affordable homes

National has moved to claim housing affordability as one of its key election planks.
08-06-2007 more >>

Rates fall, but its not the turning point

In the past week a number of home loan lenders have been dropping some of their fixed term rates however this shouldn't be seen as an ongoing trend.
07-06-2007 more >>

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