Treasury says tax system out of kilter (06 Apr 2010)
The New Zealand tax system is unfair and creates the wrong incentives for investment, particularly in the property sector, says Treasury Secretary John Whitehead.
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Conference sponsor Mahi Wines well reviewed (06 Apr 2010)
2008 Mahi The Alias Sauvignon Blanc reviewed in March 2010 by Jane Skilton of the Independent Wine Monthly and by Chairman Smith of the Otago Daily Times.
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Lifestyle outperforms residential (01 Apr 2010)
New Zealand's lifestyle property market is becoming more closely linked to residential real estate moving away from the traditional association with rural land according to Bayleys.
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Building consents rise, while apartment approvals drop to 1995 lows (30 Mar 2010)
New Zealand’s residential-building consents rose 5.9% to 1,375 units in February from the previous month, in a month characterised by the weakest number of apartments authorised since July 1995.
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Confidence in housing market slipping (30 Mar 2010)
The government's pre-budget tax announcements have had a dramatic impact on confidence in investing in the housing market, according to the latest RaboPlus Financial Confidence Index. Confidence levels have slumped a massive 31%, from -16% in August/September 2009 to -47% in February/March 2010.
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NZ Treasury pours cold water on leaky home GST relief (29 Mar 2010)
The New Zealand Treasury today poured cold water on the hopes of additional financial relief for owners' of leaky homes, saying government would not receive a GST windfall to provide additional funds for these repairs.
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Too soon to declare easing of mortgagee sales (29 Mar 2010)
The number of mortgagee sales was down in January, but that doesn't necessarily mean that the numbers will continue to fall this year.
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RBNZ expects to catch more borrowers when it hikes OCR (26 Mar 2010)
The Reserve Bank of New Zealand expects to capture more mortgage borrowers than it has in the past when it starts hiking interest rates in the middle of the year.
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Government misled over property taxes (24 Mar 2010)
A growing amount of evidence is emerging that the Government has been mislead by the Tax Working Group (TWG) over the merits of increasing the taxation for rental property.
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Tax rate on some high income earners less than 10%: English (23 Mar 2010)
Finance minister Bill English has again taken aim at property investors who offset their tax by using losses in leveraged property.
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House prices face downwards pressure (23 Mar 2010)
House prices are facing downwards pressure as the property market "rolls to a halt" according to ANZ's 10 property gauges.
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12 lenders cut fixed rates (19 Mar 2010)
Economists have been expecting a rise in fixed mortgage rates, however lenders have thrown in a curve ball this week with 12lenders making cuts.
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Tax Working Group got it wrong (18 Mar 2010)
The Government has said the Tax Working Group's (TWG) predictions on how much revenue could potentially be collected from tax on the property investment sector was too radical.
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Growth stalling, says property indicator (18 Mar 2010)
Growth in the property market is petering off, with the Mike Pero Mortgages/Infometrics Property Cycle Indicator (PCI) falling to its lowest level in 18 months.
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Game of two halves (17 Mar 2010)
The housing market appears to be a game of two halves, with some areas seeing substantially more sales activity than others.
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REINZ residential highlights - February 2010 (12 Mar 2010)
Our regular monthly round up for New Zealand.
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Steam still coming out of house sales (12 Mar 2010)
Total residential house sales rose sharply in February, compared with a 10 year low-point in January, but seasonally adjusted prices fell and it is taking longer to sell homes as tax-shy investors stay out of the market.
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Bollard's predictions on interest rates welcome (11 Mar 2010)
Reserve Bank governor Alan Bollard kept the official cash rate unchanged at 2.5%, as expected, and reiterated a mid-year start to rate hikes, saying the subdued pace of recovery will restrain inflation.
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Whangarei: City of 100 opportunities (09 Mar 2010)
Jacqui Sorenson knew exactly what to look for when she bought an investment property in Whangarei earlier this year. That's because she's a property manager at Whangarei Real Estate (Just Rentals Northland) and knew what the city's tenants want.
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QV regional snapshot - February 2010 (08 Mar 2010)
Property values in February are above the same time last year, with the main urban areas performing well.
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Values growing at slower pace (08 Mar 2010)
House values rose 5.5% in the year through February, though the speed of growth is beginning to slow down, according to QV Valuations.
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Auckland rental shortage under debate (08 Mar 2010)
Rents look set to rise in Auckland as the rental pool drains somewhat, but the extent and reasons behind the drop are under debate.
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Awarding winning NZ Investment Game offered again at special price (05 Mar 2010)
This game invented by Frank Newman has been receiving a great deal of praise since being launched last year. It will be on display at the 2010 NZPIF Conference but you can buy it now.
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Bargains galore but not much action (04 Mar 2010)
The property investment market has largely ground to a halt, despite ample bargains currently available.
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Listings hit 11-month high in Auckland (03 Mar 2010)
Listings in Auckland reached an 11-month high in February and the average sales price reached a historical high for the month, according to Barfoot & Thompson.
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