Conference 2023 News

Investors face double-whammy in tax proposals

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 >>

REINZ residential highlights - December 2009

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 >>

IRD's views on depreciation challenged

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 >>

House prices up but sales levels concerning

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 >>

Caution restrains bargain hunting

With a few grey clouds on the horizon, caution prevails for many property investors around the country.
15-01-2010 more >>

Home-building and hospitals push up November building consents

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 >>

IRD quietly raises changes to depreciation

The contentious issue around how depreciation of residential rental property items has resurfaced in a very low key manner.
12-01-2010 more >>

POLITICAL & REGULATORY REPORT for December 2009

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 >>

House values gain in 09

House values rose 2.8% last year after they hit a bottom in April, and steadily improved from there, according to QV Valuations.
11-01-2010 more >>

Labour backs property tax but not on family homes

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 >>

NZPIF Submission on changes to Associated Persons rules

This submission was forwarded in May 2007. The Finance Select Committee is now considering this issue.
17-04-2009 more >>

Collecting your debts

Glenn Morris tells landlords how to ensure debts are paid when the Tenancy Tribunal awards a money order
16-04-2009 more >>

Insider's guide to building law

Available from June, this new book bridges the gap between building inspectors and building owners.
16-04-2009 more >>

Drug case outcome sets the bar

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 >>

Get real and quick recovery will follow, owners told.

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 >>

Action on the home front

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 >>

NZ property values drop 9.3%

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 >>

QV residential highlights - March 2009

The residential property market is picking up, but values are still dropping, according to the latest numbers released by QV Valuations. Find out how the main centres are faring below.
09-04-2009 more >>

Review survey of Rental Property Owners

Download the results of the Property Managers
09-04-2009 more >>

Residential Real Estate market spikes: REINZ

March sales figures released today by the Real Estate Institute of New Zealand (REINZ) reveal a spike in terms of sales volume.
09-04-2009 more >>

Residential Highlights – March 2009

An increase in market activity over the past month has seen median house prices pushed higher in most of the main areas throughout the country, according to the latest Real Estate Institute of New Zealand (REINZ) stats, released today.
09-04-2009 more >>

Eco-My-Flat competition encourages better tenants

A competition organised by the University of Canterbury’s Sustainability Initiatives is creating better relationships between landlords and students.
08-04-2009 more >>

Figures show baby boomers after property bargains

Cashed-up baby boomers take advantage of perceived bargains in the property market, Veda Advantage says. It reports that mortgage applications were up 38% in March, compared to the same month last year. It says these were the highest monthly total since November 2007.
07-04-2009 more >>

Auckland house sales hit 20-month high

Auckland property sales reached a 20-month high as the decline in prices helped revive confidence, according to Barfoot & Thompson.
03-04-2009 more >>

Falling interest rates making property more attractive

Residential property investors believe that falling interest rates are making residential property investment more attractive, according to the latest quarterly survey of investors run by Mike Pero Mortgages and Landlords.co.nz.
03-04-2009 more >>


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