ACT – Reforms
In a speech to Wellington property investors (25 September) the Minister for Building & Housing Clayton Cosgrove highlighted some key reforms planned for the Residential Tenancies Act. 28-09-2007 more >>
Homeloan rates are continuing to move in the right direction for anyone seeking a mortgage at the moment. But it is still too early to declare that a new mortgage war has broken out. 28-09-2007 more >>
Nick Churchouse reports in the Dominion Post that predictions of a slowdown in the economy are cautious as activity bolds reasonably steady despite continued global activity. 24-09-2007 more >>
Anne Gibson reports that an analysis of the poor financial performance of Auckland's apartment market showed some units had had a quarter of their value wiped out. 21-09-2007 more >>
The first signs are emerging of a spring campaign amongst banks for home loan business. As reported in Good Returns Kiwibank was the first to move. 21-09-2007 more >>
First home buyers were literally shut out of home ownership through record unaffordability in August, according to a survey released yesterday. 17-09-2007 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. 14-09-2007 more >>
The Good Returns mortgage rate table is awash with red this week as lenders push rates up even though there has been no change in the official cost of borrowing in New Zealand. 11-09-2007 more >>
The Salvation Army represents low-income New Zealanders and obviously has their interests at heart with its suggestion that the Government increase its spending on housing for low-income earners and beneficiaries. 31-08-2007 more >>
The Leader of the National Party spoke recently to the NZ Contractors' Federation on the impact of the NZ economy on the construction industry. 23-08-2007 more >>
Former Reserve Bank Governor Don Brash is picking house prices could tumble by up to 10% in the next year as the already cooling NZ property market is further threatened by the volatile international economy. 19-08-2007 more >>
Loan Market mortgage brokers could be cross-selling up to 70% of their lending clients into insurance products, according to the group's CEO, John Tanner. 17-08-2007 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. 13-08-2007 more >>
One of New Zealand's top property investors is selling up his portfolio because, as Greg Ninness discovers, he sees the credit crunch as the beginning of the end. 10-08-2007 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. 06-08-2007 more >>
The OCR will increase by 25 basis points to 8.00%. Reserve Bank Governor Alan Bollard said: 'Domestic demand has grown strongly since late 2006, particularly in the household sector.' 06-08-2007 more >>
A new Hawke's Bay initiative is helping people with mental health issues find a rented home without having to spend months on a waiting list. 27-07-2007 more >>
In a feature article in the lastest ANZ Property Focus published July 23, ANZ economists say they believe that ring-fencing investment tax losses lacks a sound economic rationale. 24-07-2007 more >>
Mortgage brokers are facing cuts of up to 30% in commission paid by some banks from October. The cuts are expected to result in widespread changes in the industry, encouraging diversification and mergers between groups. 20-07-2007 more >>
Increasing home loan rates are not the only thing hurting borrowers at the moment. One brokers says joining KiwiSaver could make refinancing even harder. 13-07-2007 more >>
