DIYers will still be able to carry out home building work under the Building Act 2004, Building Issues Minister Chris Carter said today. 30-12-1899 more >>
New Zealand First is concerned that escalating house prices throughout New Zealand are locking first homeowners out of the housing market, and warns of the long-term ramifications of this in terms of the traditional kiwi lifestyle. 30-12-1899 more >>
The IRD are planning changes to associated persons rules that would apply to developers and associated parties [and not to people who just own rental property]. 30-12-1899 more >>
Anne Gibson reports in the NZ Herald that house prices are growing fatter but sales turnover is almost anorexic and agents are complaining about the skinny pickings. 30-12-1899 more >>
I don't get it. Politicians and economists have been complaining lately that rental property has tax advantages over shares. It's hardly a new claim. 30-12-1899 more >>
The past week has been relatively quiet on the home loan front and it appears much of the attention is shifting to what the Reserve Bank will do it at its next official cash rate review on July 28. 30-12-1899 more >>
Homebuyers could find it harder to get a mortgage as the Government studies ways to curb lending to cool the housing market and control inflation. 30-12-1899 more >>
The outlook for people wanting to raise money to buy a new home or refinance an existing mortgage isn’t particularly flash at the moment. 30-12-1899 more >>
Seasonally adjusted retail sales increased a stronger-than-expected 0.3% in October, putting pressure on Reserve Bank to either hold off easing or increase interest rates. 30-12-1899 more >>
Reserve Bank Governor Allan Bollard has warned MPs that they will fight the next election campaign amid the highest interest rates in recent times. 30-12-1899 more >>
Official documents show a protracted effort has been under way to simulate the conditions of a capital gains tax without actually imposing one. 30-12-1899 more >>
It is a relatively benign environment on the interest rate front at the moment meaning that very few changes in home loan rates are coming through and no major competitive plays in progress. 30-12-1899 more >>
The trend for rising home loan rates has continued over the past week and it looks like they will keep rising for a while longer until falls begin again. 30-12-1899 more >>
Changes to home loan interest rates last week support the view coming through in the opinion polls that there is growing pessimism about the economy. 30-12-1899 more >>
Despite Reserve Bank governor Alan Bollard's hawkish words threatening a further rate cut when he last reviewed interest rates in late April, a message reinforced in two subsequent speeches, economists expected him to leave rates unchanged on Thursday. 30-12-1899 more >>
Hundreds of state house residents are renting out rooms in their homes, prompting claims that they are profiteering off the taxpayer-funded system. 30-12-1899 more >>
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. 30-12-1899 more >>
