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House values drop below $1 million average: What's going on in your area?

New Zealand's average house values have dropped 4.9 per cent in the latest quarter and dipped below $1 million for the first time in nearly a year.The QV House Price Index for last month showed the extent of the housing market correction...

Source: nzherald.co.nz - Property | 9 Aug 2022 | 5:00 am

'Worst house' in Queenstown up for auction

An "iconic" Queenstown property is on the market for the first time in about 60 years.Harcourts Queenstown is selling 129 Frankton Rd — being marketed as the ''worst house on the best street'' — by auction.Agent Megan Osborne,...

Source: nzherald.co.nz - Property | 8 Aug 2022 | 9:16 am

Tauranga tenant ordered to pay $31k after damaging rental declared bankrupt

Tenants who tried to cover up smashed-in and scribbled-on walls, broken doors, and urine-stained carpet in a rental property have been ordered to pay $31,000 in damages and costs - one of the largest Tenancy Tribunal orders in recent...

Source: nzherald.co.nz - Property | 6 Aug 2022 | 5:00 am

Auckland Council rates hikes shock city residents

One Auckland single mum says she had a "panic attack" when opening her new council rates bill this month, while another ratepayer says she plans to leave the city because of its "poor" services.Other ratepayers have described receiving...

Source: nzherald.co.nz - Property | 6 Aug 2022 | 5:00 am

Lawyer fined $5000 for misleading court in fight to keep house from ex

A lawyer who misled a court during a divorce dispute with her ex-husband over a property has been found guilty of conduct unbecoming a member of the legal profession. The woman was part-way through confessing her conduct when a...

Source: nzherald.co.nz - Property | 6 Aug 2022 | 5:00 am



Beach Haven property owners decide to stay put after giant slip at their North Shore home

A large slip on a Beach Haven cliff has seen hundreds of cubic metres of land fall away from a family's new multimillion-dollar home.Heavy rain that has battered Auckland during the past month caused the land made up of clay, dirt,...

Source: nzherald.co.nz - Property | 4 Aug 2022 | 6:59 pm

Bankruptcy proceedings against Bella Vista developer Danny Cancian halted as he plans defamation claim

Bankruptcy proceedings against Danny Cancian have been halted by the High Court to allow the former Bella Vista developer time to file defamation proceedings against Tauranga City Council.The ruling is the latest in a four-year...

Source: nzherald.co.nz - Property | 3 Aug 2022 | 5:00 am

Media glorifies NZ government’s pro-business response to the pandemic - SEG

The corporate media internationally has hailed the response of the Labour Party-led government in New Zealand to the COVID-19 pandemic.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 15 Apr 2020 | 10:07 am

Committee to continue asking questions NZers want answers to - Simon Bridges

The Epidemic Response Committee will resume on Tuesday to continue probing the Government’s response to Covid-19, Opposition Leader Simon Bridges says.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 9 Apr 2020 | 2:01 pm

Mortgage deferrals will not affect customer credit ratings - NZBA

Anyone who has deferred their mortgage repayments for up to six months because they are financially impacted by Covid-19 will not have their credit rating affected as a result of the deferral, provided they were not in arrears before the pandemic.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 9 Apr 2020 | 10:44 am



The Co-op Bank confirms no rebate payments for financial year ended 31st March

Due to the materially different economic environment New Zealand now faces as a result of the COVID-19 pandemic, the Board of Directors of The Co-operative Bank - a customer owned bank - has agreed that the Bank will not be paying a rebate for the financial year ended 31st March 2020.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 8 Apr 2020 | 9:31 am

Expanded large scale asset purchases - RBNZ

The Reserve Bank of New Zealand has added $3 billion of Local Government Funding Agency (LGFA) debt to its Large Scale Asset Purchase programme (LSAP). This represents approximately 30 percent of the total LGFA debt on issue, and takes the total size of the LSAP to $33 billion over 12 months.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 7 Apr 2020 | 3:38 pm

Reserve Bank's 'quantitative easing' repeats the mistakes of others - Positive Money

Those who do not learn from history are doomed to repeat it and our Reserve Bank has chosen to repeat a costly mistake, says Positive Money national spokesperson Don Richards.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 7 Apr 2020 | 11:42 am

Manufacturing slump, "two bad weeks", destroy sentiment - CMC Markets

By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 2 Apr 2020 | 12:10 pm

Govt called on to pay the country's next rates bill - Social Credit

The government needs to step up and pay the next rates instalment to councils on behalf of property owners and businesses as part of its economic support package.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 2 Apr 2020 | 12:37 am

Fair Insurance Code helps to improve understanding of insurance - ICNZ

The Insurance Council of New Zealand (ICNZ) has today launched its revised Fair Insurance Code which encourages good conduct and professionalism in the insurance industry and describes how the relationship between insurers and their customers should work.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 31 Mar 2020 | 11:27 am

Working together to ensure cash-flow and confidence - NZ Reserve Bank

Te PÅ«tea Matua - the Reserve Bank of New Zealand - is working closely with the whole of government and industry to ensure financial stability.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 30 Mar 2020 | 2:35 pm









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