Investors confident things are on the way up

Investor confidence slipped from record highs amid financial turmoil but has started to recover, according to a quarterly ASB survey
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$1m state house rented for $75

New Zealand's most valuable state house is worth more than $1 million and its tenants pay just $75 a week.
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Muriel Newman Speech Property Investors Assn

The following are the key elements of the address to Wellington Property Investors Association by Muriel Newman MP.
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Interest rates keep on rising

Most lenders have now re-priced their mortgage ranges in response to the latest increases to the cost of their funding but some are fine-tuning and others are still catching up.
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Property investors in $2.2m row with IRD

Apartment investors who bought Queenstown units developed by Aucklander Tim Manning are caught up in a tax struggle, after Inland Revenue sent out notices last month demanding $2.2 million in unpaid gst.
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Housing funding needs to target first home buyers

The $22.6 million of new Budget funding for housing needs to be focused on identifying and removing the obstacles facing young families looking to buy their first house, United Future housing spokesman Paul Adams said today.
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Rate rise widely expected this week

Economists expect the Reserve Bank will raise the official cash rate (OCR) this week with much of the debate centring on just how much.
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Reserve Bank leaves OCR unchanged and rules out any easing this year

Reserve Bank governor Alan Bollard produced few surprises in leaving interest rates unchanged and firmly ruling out any easy this year.
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Central Region Tenancy Services Report for June 2006

Information on the performance targets of Tenancy Services.
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Finally a cut against the rising tide

After a succession of mortgage rate increases in recent weeks banks in the ASB group have bucked the trend with several reductions on fixed term loans.
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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".
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Mortgage rate wars keep home loans affordable

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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Budget 2005

Depreciation changes for better investment decisions.
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National plans to bring back market rents

The National Party has confirmed one of the worst-kept secrets of the election campaign - that it will bring back market rents for state houses.
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Energy Efficiency In Houses

Building Research, the building and construction sector’s leading research investment organisation, and the Centre for Housing Research, Aotearoa New Zealand (CHRANZ) are to jointly fund research to establish what measures could best encourage the uptake of energy efficiency features for new and existing houses in New Zealand.
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Dam safety regulations proposed

Building Issues Minister Clayton Cosgrove today released a consultation document on proposed dam safety regulations.
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Pressure forces rates up

The pressure on mortgage rates has finally shown with a range of lenders increasing their fixed rates in the past few days.
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Budget 2007: Action on property speculation

Press release by the Hon Dr Michael Cullen, Minister of Finance
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Brakes go on - big dive in house sales

Anne Gibson reports in the NZ Herald that New Zealand's biggest housing market is in the grip of a slow down.
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Welcome home loans a hand-up to ownership

Thousands more New Zealanders are now eligible for help with buying their first home, Housing Minister Steve Maharey announced today.
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Next round of cuts underway

The next round of home loan rate cuts have started to kick in with some significant falls across the market.
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'Dr Do Little' expected to leave rate unchanged

Economists again expect Reserve Bank governor Alan Bollard will leave interest rates unchanged when he reviews his official cash rate (OCR) on Thursday.
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Signs grow of cooling housing

Kelly Andrews of the Dominion Post reports on fresh evidence of a cooling housing market coming from a report predicting growth in property values could soon slip back to single figures.
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Landlords want police help in making tenants pay up

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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Homes stats under fire

Figures showing fewer Kiwis are able to own homes are fatally flawed, a former government think-tank member claims.
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