A captial gains tax to cool the booming property market was a knee-jerk reaction toa cyclical problem, leading Dunedin tax accountant said yesterday. 19-06-2007 more >>
Home owners or people about to sign up to a mortgage to buy a property don’t have many good interest rate choices in front of them at the moment. 15-06-2007 more >>
A high flying Auckland property developer has warned others in his sector they could be inadvertently flouting the securities law beacuse of the way they sell housing developments. 14-06-2007 more >>
The Property Council says the Government's solution to boost cheap houses for first home buyers would push up the prices of other houses. 12-06-2007 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. 07-06-2007 more >>
Kiwibank has ended its two week price-cutting campaign designed to attract business from borrowers refinancing off maturing fixed rate deals. 31-05-2007 more >>
Dwelling unit approvals look to be trending back upwards in a move that could add to pressure on the Reserve Bank to lift interest rates at its review next Thursday. 30-05-2007 more >>
In the feature article of the May issue of ANZ's Property Focus, the simple demand-supply housing balance measures across the regions highlight Auckland and Wellington as areas where the market remains tightest. Conversely, a turning point is not too far away in the majority of regions, noteably Gisborne, Hawke's Bay and Taranaki. 27-05-2007 more >>
Last week had with some good news for borrowers with Kiwibank dropping some of its fixed rate home loans in an effort to capture some of the refinance business in the market. 25-05-2007 more >>
Property speculators who are reaping millions of dollars from the super-heated housing market are about to feel the heat from a tough new crackdown. 18-05-2007 more >>
Kiwibank has cut its fixed rates loans in a two-week marketing campaign aimed at attracting borrowers refinancing from loans fixed two or three years ago. 18-05-2007 more >>
There have been further cuts to fixed rates over terms of two to five years from some finance companies and non bank lenders over the past week but some one-year rates have increased. The major banks, however, are maintaining identical rates over all terms. 10-05-2007 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]. 30-04-2007 more >>
New survey by British currency transfer specialist HiFix found that 5% of Britons looking to buy overseas were choosing New Zealand, making it the fifth most popular destination. 29-04-2007 more >>
Following a report on falling rates of home ownership, Andrew King, Vice President of the NZ Property Investors' Federation, said people on $70,000 a year had to look at their other spending if they can't buy a house. 24-04-2007 more >>
The difficulty of picking where interest rates are headed has been thrown into sharp relief for people refixing shorter term finance at the moment or in the near future. 20-04-2007 more >>
