Monday, August 08th 2022

Rental prices inch up; property sales slump to new low

Auckland’s average weekly rent rose by $6.12 (or 1%) to $622.44 per week for the quarter ending June.

TSB Special 4.85
Co-operative Bank - First Home Special 4.89
Heartland Bank - Online 4.90
Kiwibank Special 4.95
Unity 4.95
Westpac Special 4.95
BNZ - Classic 4.95
ICBC 4.99
ANZ Special 4.99
Co-operative Bank - Owner Occ 4.99
HSBC Premier 5.09
ICBC 5.15
TSB Special 5.29
Heartland Bank - Online 5.29
HSBC Premier 5.34
SBS Bank Special 5.39
Co-operative Bank - Owner Occ 5.39
BNZ - Classic 5.39
Kiwibank Special 5.45
AIA 5.45
Westpac Special 5.45
ASB Bank 5.45
TSB Special 5.69
ASB Bank 5.79
BNZ - Classic 5.99
Westpac Special 6.09
ICBC 6.19
Co-operative Bank - Owner Occ 6.19
SBS Bank Special 6.25
Kiwibank Special 6.29
HSBC Premier 6.39
TSB Bank 6.49
BNZ - Std, FlyBuys 6.59
Heartland Bank - Online 4.60
Liberty 4.84
Pepper Money 5.29
Resimac 5.59
Unity 5.65
Kainga Ora 5.85
First Credit Union Special 5.85
Credit Union Auckland 5.95
ICBC 6.00
Kiwibank 6.00
Kiwibank - Offset 6.00
Residential sector not working as well as it could be

Thursday, August 04th 2022

Residential sector not working as well as it could be

The Commerce Commission says it’s too hard, costly and slow to get new building products approved to be used in the New Zealand residential market.

Biggest fall in house prices for 14 years

Wednesday, August 03rd 2022

Biggest fall in house prices for 14 years

Property values are falling at the fastest pace since the GFC, says CoreLogic.

Building consents sink

Wednesday, August 03rd 2022

Building consents sink

A truly spectacular crash to fresh lows is being predicted for the construction industry by ANZ as building consents sank 2.3% in June compared to just 0.5% in May.

[OPINION] Property market, Labour Government and Reserve Bank: an adversarial and unconstructive relationship

Tuesday, August 02nd 2022

[OPINION] Property market, Labour Government and Reserve Bank: an adversarial and unconstructive relationship

By Matthew Gilligan - Managing Director  Gilligan Rowe + Associates

It has been disappointing to watch the plethora of contradictory policies coming out of the Ardern government and the Reserve Bank (RB) over the past five years.

Landlords

I'm about to inherit 1 residential (bought 5+ yrs ago, may be owned under their names) & 2 commercial properties (bought 5+ yrs ago & i ...

Landlords

Interest deductibility on new builds

Interest deductibility on new builds for 20 years with code of compliance certificate after March 27,2020 irrespective of who the owners are over t ...

Landlords

Transfer properties from LTC to Family Trust

Under current changes to the property if I transfer properties (got few) from LTC to Family Trust would the transferred property attract bright lin ...

Landlords

Home and income property purchase in Australia

I would like to rent my owner-occupied property which is debt free and leveraging its equity (redraw facility) for a future Home and income propert ...

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[OPINION] Property market, Labour Government and Reserve Bank: an adversarial and unconstructive relationship

[OPINION] Property market, Labour Government and Reserve Bank: an adversarial and unconstructive relationship

By Matthew Gilligan - Managing Director  Gilligan Rowe + Associates

It has been disappointing to watch the plethora of contradictory policies coming out of the Ardern government and the Reserve Bank (RB) over the past five years.

[OPINION] Budget 2022 should back build-to-rent communities

[OPINION] Budget 2022 should back build-to-rent communities

New Zealand needs rental properties that give tenants a better experience, so let’s incentivise the creation of build-to-rent-communities, says Dan Lowe, Partner, and Property & Construction Leader. Read Dan’s full article here.

[OPINION] New four step application process for prospective tenants

[OPINION] New four step application process for prospective tenants

The Privacy Commissioner has implemented prescriptive new guidelines for landlords in the way they get information from prospective tenants. It appears clear that they have been developed with a very narrow view of what the minimum information prospective tenants need to supply to landlords.

[Watch] August property market update

[Watch] August property market update

Get right up to speed with what has been happening in the NZ property market. Corelogic Head of Research, Nick Goodall takes you through the latest trends in this video.

Home loans for humans

Home loans for humans

Watch a new video from Squirrel on its home loan product.