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 >>