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South Canterbury News

Unit titles law to be reviewed (01 Jan 1970)
Building Issues Minister Margaret Wilson today released a discussion document reviewing the law on multi-unit dwellings and developments.
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Warning on home grants - NZ Herald (01 Jan 1970)
As New Zealand considers Government handouts to help young people to buy their first homes, Australians are sounding a warning.
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Mayor backs police plan to set up blacklist of bad tenants - NZ Herald (01 Jan 1970)
Police in Kawerau have decided to set up a register of bad tenants in a move to rid the town of criminals.
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Reserve Bank leaves interest rates unchanged (01 Jan 1970)

As expected, Reserve Bank governor Alan Bollard has left interest rates unchanged, although the wording of his statement wasn’t as hawkish as had been expected.
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Property tax cheats in IRD sights (01 Jan 1970)
The tax office is stepping up a campaign against property speculators who are not paying tax in the booming Auckland real estate market.
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Mortgage rate wars keep home loans affordable (01 Jan 1970)
New Zealand house prices and sales volumes unexpectedly surged upwards in the quarter to December 2004 as fierce competition between the major banks over that period continued to postpone the mortgage interest rate rises many had expected.
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BNZ gains market share but ASB grabs even more (01 Jan 1970)
Bank of New Zealand’s price war last year seems to have paid off for it in terms of winning market share, although ASB Bank continues to be the major winner in the mortgage market.
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Mortgage rate war fuels housing confidence (01 Jan 1970)
ASB Bank’s latest survey of housing confidence is likely to send shivers up spines at the Reserve Bank.
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NZ Finance to buy Approved (01 Jan 1970)
New Zealand Finance Holdings will buy Approved Mortgage Brokers for $1.2 million from April 1.
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Kiwibank posts profit and grows mortgage market share (01 Jan 1970)
As well as reaching a key milestone in announcing its maiden profit, Kiwibank is continuing to increase its share of the mortgage market, although its book is still relatively tiny.
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BNZ tries to start another price war (01 Jan 1970)
Well it had to happen – another price war looks like breaking out, and once again it is the Bank of New Zealand which is starting the fight.
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Chances of rate rise increasing (01 Jan 1970)
The latest Reuters survey shows eight of 14 economists expect no change to the official cash rate (OCR), currently a 6.5%, but six expect Reserve Bank governor Alan Bollard will raise the rate to 6.75%.
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Bollard raises rates, leaves the door open for more (01 Jan 1970)
Reserve Bank governor Alan Bollard has chosen the hawkish option, raising interest rates again and not ruling out the possibility of further hikes while emphasising that inflation pressures are stronger than expected.
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President’s Report – Feb/March 2005 (01 Jan 1970)
President Craig Paddon's report to the Executive and Associations.
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Restructuring The Residential Property Investment Industry (01 Jan 1970)
A draft of the changes proposed by the New Zealand Property Investors' Federation.
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Review of the Unit Titles Act 1972 (01 Jan 1970)
This submission has been prepared by the New Zealand Property Investors’ Federation Inc in response to the discussion paper: “Review of the Unit Titles Act 1972”.
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Review of the Residential Tenancies Act 1986 (01 Jan 1970)
The Federations' submission document.
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Online bank users locked out (01 Jan 1970)
Planning to check the rents online today?
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No-deposit loans a risk to parents (01 Jan 1970)
No-deposit mortgages enter the banking mainstream this weekend - but they could tie struggling first home buyers to their parents for life.
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No-deposit loans a risk to parents (01 Jan 1970)
No-deposit mortgages enter the banking mainstream this weekend - but they could tie struggling first home buyers to their parents for life.
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Landlords want police help in making tenants pay up (01 Jan 1970)
Residential landlords have offered to regulate their industry by registering themselves, but in return they want police and court help in chasing tenants for money.
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Weekly Home Loan report (01 Jan 1970)
Westpac only bank to move rates - so far
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Kiwibank's In Reach pilot likely to fall short of target (01 Jan 1970)
The government’s pilot plan to assist first-home buyers into their own homes has so far helped 850 families buy houses with mortgages totalling nearly $100 million, according to Kiwibank, which administers the scheme.
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Kiwi bach taxed (01 Jan 1970)
Under the Queenstown council's district plan, property owners who rent homes for less than three months and to more than four people must apply for a resource consent and pay higher rates.
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Tenants' millions unclaimed (01 Jan 1970)
More than $5 million in unclaimed bond money is waiting for tenants to collect.
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