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Developers seek urgent sales, plans for 68 Auckland residences ditched

Developers are quitting Auckland projects and instead of building 68 new residences are now seeking urgent or fire sales, an agent says.James Law of James Law Realty on Shortland St yesterday said this about the Shanghai-based owner...

Source: nzherald.co.nz - Property | 17 Jul 2019 | 4:17 pm

France's Alstom showcases best trams for Auckland $6b plans

One of the world's biggest tram and train builders staged an Auckland breakfast event today to address those behind the city's planned $6 billion light rail project and presented what it says is the best tram system for this city.Jean-Francois...

Source: nzherald.co.nz - Property | 17 Jul 2019 | 10:17 am

Historic Taranaki post office sale could deliver good investment returns

A grand old Taranaki post office building is on the market and potentially offering buyers a 10.8 per cent return on investment.Built in 1923 in Patea - about 60km north of Whanganui, and 27km south of Hawera - the two-storey building...

Source: nzherald.co.nz - Property | 17 Jul 2019 | 9:58 am

Parnell office unit for sale in character building

A Parnell office unit is for sale in the popular Auckland city fringe location, presenting a rare purchasing opportunity for an owner-occupier."It's so difficult to find units to buy in Parnell," says Conrad Traill of Ray White...

Source: nzherald.co.nz - Property | 17 Jul 2019 | 5:00 am

State house tenant demands $50k for building garage, planting fruit trees

A tenant who demanded $49,999 from Housing NZ for concreting, building a garage and planting fruit trees at her Auckland state house has had her case dismissed by the Tenancy Tribunal.Diane Tsirakoff's father lived in the rental...

Source: nzherald.co.nz - Property | 16 Jul 2019 | 3:14 pm



Reserve Bank Dashboard celebrates first year of operations

Almost 38,000 visits have been made to the Reserve Bank’s Financial Strength Dashboard since it was launched a year ago.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 16 Jul 2019 | 11:25 am

Bachcare charged with misleading consumers

A holiday accommodation booking company has been charged with misleading consumers. Property management and booking company Bachcare is facing two charges under the Fair Trading Act for allegedly misleading consumers by manipulating...

Source: nzherald.co.nz - Property | 16 Jul 2019 | 11:22 am

Canterbury farm tenant Jenny Robinson called 'frustrating in the extreme' in tribunal judgment

A woman living on a Canterbury farm who claimed her landlord hurt her ducks and complained about noisy roosters and chainsaws has been labelled "frustrating in the extreme".Tenant Jenny Robinson had earlier lodged a Tenancy Tribunal...

Source: nzherald.co.nz - Property | 16 Jul 2019 | 11:15 am

Ōhakune's quirky railway carriages for sale for $265,000

It may not be everyone's dream - but train enthusiasts or snow bunnies can hop aboard a cheap ski getaway or rental property for under $300,000.The two iconic red and green train carriages opposite Ōhakune's night life area...

Source: nzherald.co.nz - Property | 15 Jul 2019 | 4:57 pm

Overseas-owned business to pay over $500k in fines for buying five hectares of Auckland land

An overseas-owned company behind a subdivision for 117 homes in Auckland has been fined and ordered to sell up after buying the land without permission.The Overseas Investment Office has forced BCH Investments Ltd to sell up illegally...

Source: nzherald.co.nz - Property | 15 Jul 2019 | 3:54 pm



Mansion with Maserati possible downgrade for one potential buyer

A massive $6.295 million Waitoki home with a $250,000 Maserati thrown in is likely to be snapped up within the next two weeks.Neighbouring property owners looking to upgrade - and even one considering a downgrade - flocked to yesterday's...

Source: nzherald.co.nz - Property | 15 Jul 2019 | 3:01 pm

Otago unlicenced builder Rodney Day pleads guilty to deception

An unlicensed builder has pleaded guilty to 15 charges after misleading property owners and a real estate agency.Mosgiel man Rodney James Day was the first unlicensed builder to be charged since the Licensed Building Practitioners...

Source: nzherald.co.nz - Property | 15 Jul 2019 | 11:15 am

Palmerston North tenant booted out for leaving cannabis plants out during open home

A Palmerston North tenant who left cannabis plants in the lounge during an open home viewing for potential buyers of the house has been given the boot.Tenant Anthony Kenneth Murrell had been renting the granny flat of the Fairs...

Source: nzherald.co.nz - Property | 15 Jul 2019 | 9:46 am

Auckland boarding house owner Robert Angus fined more than $4200 for tenancy offences

An Auckland boarding house owner has been fined more than $4200 following complaints from 24 tenants.Robert John Angus failed to lodge bonds for numerous tenants at his Otahuhu boarding house at 25 Moa St, a Tenancy Tribunal adjudicator...

Source: nzherald.co.nz - Property | 15 Jul 2019 | 8:17 am

New Zealand housing market at risk of crash, Bloomberg research shows

New Zealand and Canada are the most vulnerable economies to a correction in house prices, with Australia and the UK also drawing concern, according to new research from Bloomberg Economics .Seeking to build a "housing bubble dashboard,"...

Source: nzherald.co.nz - Property | 14 Jul 2019 | 2:04 pm

Buy the mansion, get a Maserati: Rodney property comes with supercar sweetener

It's a slice of country paradise complete with a large shed ... and this mansion comes with your choice of Maserati worth up to $250,000. A five-bedroom Waitoki property in the Rodney district, designed by South African architect...

Source: nzherald.co.nz - Property | 14 Jul 2019 | 12:30 pm

Christchurch social housing: Calls for change as waitlists soar

By Eleisha Foon of RNZ Councillors have described the wave of people needing accommodation as "a tsunami", with a more than 10 percent increase in the last six months.A Christchurch mum and her kids found it traumatic dealing...

Source: nzherald.co.nz - Property | 13 Jul 2019 | 3:20 pm

Four retail units within Queenstown complexes

In Queenstown a portfolio of four freehold retail units within large new development projects, has been placed on the market as tenanted investment properties.Located in Queenstown itself, and immediately adjacent to Queenstown's...

Source: nzherald.co.nz - Property | 13 Jul 2019 | 5:00 am

Demand stays high for Hornby industrial property

Savills says Hornby is retaining its status as the pre-eminent location for industrial property occupiers in Christchurch, with demand trends and development activity demonstrating the ongoing strength of the suburb's property market.Mitchell...

Source: nzherald.co.nz - Property | 13 Jul 2019 | 5:00 am

RICs MD previews Auckland awards conference

It's an exciting and transformational time for chartered surveyors in the construction sector, says Chris Nicholl, the Royal Institution of Chartered Surveyors (RICS) managing director for Australasia, Japan and Southeast Asia.Nicholl...

Source: nzherald.co.nz - Property | 13 Jul 2019 | 5:00 am

Blank canvas unit has options in Grey Lynn

A third floor unit within an established property in Grey Lynn has come on to the market offering a number of potential options as to its use.JLL's city and fringes sales broker Jason Armstrong says the property is part of a Mixed...

Source: nzherald.co.nz - Property | 13 Jul 2019 | 5:00 am

The Reserve Bank embraces the future

At a speech delivered in Auckland this morning to the Financial Services Institute of Australasia (FINSIA), Reserve Bank Governor Adrian Orr outlined the bank’s vision to be ‘a great team and the best central bank’. He also encouraged others to get involved in shaping this future.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 11 Jul 2019 | 9:12 am

Q+A: Economists on slowing economy, Reserve Bank capital proposals

Former Reserve Bank Governor Dr Alan Bollard was asked about the Reserve Bank’s proposed new capital requirements on Q+A tonight:

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 8 Jul 2019 | 11:16 pm

ANZ's exit would be the best thing since sliced bread - DSC

ANZ's offer to pull out of the New Zealand banking market would be the best thing since sliced bread.

It should be welcomed with open arms by the Government and the Reserve Bank and a timetable put in place for its exit.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 7 Jul 2019 | 9:14 am

Government should stop sitting on its hands - DSC

Social Credit is calling on the government to stop sitting on its hands and take an active part in protecting New Zealand's dairy processing industry from complete foreign takeover.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 6 Jul 2019 | 8:07 pm

Call for Federated Farmers President to step down - Social Credit

Social Credit Party leader, Chris Leitch, is calling for Federated Farmers President Katie Milne to step down following her statement that the sale of Westland Milk Products to a Chinese conglomerate was an "absolutely stunning" result for West Coast farmers.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 4 Jul 2019 | 6:04 pm

Westland shareholders urged not to sell

Social Credit is urging farmers attending the Westland Milk shareholders meeting tomorrow to vote against the sale of the company to Chinese government owned Yili.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 3 Jul 2019 | 1:53 pm

Reserve Bank releases independent review of its supervision of CBL Insurance liquidation

The Reserve Bank has today released the review that it commissioned of its supervision of CBL Insurance Limited (CBL).

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 3 Jul 2019 | 11:11 am

New RC Board Chair will build on achievements of outgoing Board Chair

Regenerate Christchurch chief executive Ivan Iafeta is looking forward to working with the organisation’s new Board Chair, Dr Thérèse Arseneau, to build on the significant achievements of its outgoing Chair, Sue Sheldon.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 3 Jul 2019 | 11:01 am

LGNZ conference focused on returning power to the people

Over 550 delegates will attend the 2019 LGNZ Conference in Wellington this weekend, where a roadmap for restoring the balance between local and central government will be unveiled.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 3 Jul 2019 | 9:29 am









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