Thousands more New Zealanders are now eligible for help with buying their first home, Housing Minister Steve Maharey announced today. 30-12-1899 more >>
Economists again expect Reserve Bank governor Alan Bollard will leave interest rates unchanged when he reviews his official cash rate (OCR) on Thursday. 30-12-1899 more >>
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. 30-12-1899 more >>
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. 30-12-1899 more >>
I have some flats and want the tenants to pay strictly on time. I wrote up the periodical tenancy agreements at the maximum rental figure for each flat with a 10 per cent discount if the tenant paid right on time, with no discount if they are a day late. Somebody has told me that this is illegal as it equates to a constant rent increase, which is against the Residential Tenancies Act. The act only allows rent increases at six-monthly periods. Which is correct? 30-12-1899 more >>
A captial gains tax to cool the booming property market was a knee-jerk reaction toa cyclical problem, leading Dunedin tax accountant said yesterday. 30-12-1899 more >>
“Property investors will pay more tax if Labour win a third term”; ACT Deputy Leader and Housing Spokesman told the Otago Property Owners Association today. 30-12-1899 more >>
Borrowers begin the year with some hope that interest rates have reached their peak as weak growth data indicated chances are the Reserve Bank will be in a holding pattern until later this year, when some easing may eventuate. 30-12-1899 more >>
Non-bank lender Cairns Lockie is already receiving inquiries about a new loan offering which gives home owner-mortgagees who want to buy a rental property higher tax deductions on their over-all property portfolio. 30-12-1899 more >>
The cost of buying and selling property should become cheaper with the axing of a monopoly held by lawyers to carry out conveyancing work. 30-12-1899 more >>
Most economists are expecting Reserve Bank governor Alan Bollard will raise interest rates on Thursday although not all are convinced of the wisdom of doing so. 30-12-1899 more >>
An Otago University, Wellington School of Medicine research project has found asthma and hospital admission rates are much higher among families waiting for a state house. 30-12-1899 more >>
Homeowners who get into financial difficulty must contact their lenders early to seek assistance, Banking Ombudsman Liz Brown has warned. 30-12-1899 more >>
At the Property Investors Federation’s annual conference, held earlier this month, the Minister of Building Issues, Clayton Cosgrove outlined some key reforms to the Residential Tenancies Act. 30-12-1899 more >>
