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Hottest 10 real estate suburbs across Christchurch revealed

It was hard-hit by the Christchurch earthquakes but a decade on Huntsbury is soaring as property values go through the roof.The suburb at the base of the Port Hills, where the first sections were sold in January 1920, leads the...

Source: nzherald.co.nz - Property | 27 Oct 2020 | 3:07 pm

Would you live here? Converted shed 'not fit for human habitation' now certified

A couple caught out living in a shed converted to a "tiny house" were told to strip it back to its original condition to comply with council laws. But after seeking intervention from the Ministry of Business, Innovation and Employment...

Source: nzherald.co.nz - Property | 24 Oct 2020 | 9:50 am

Luxury lodge bought illegally by Chinese businessmen goes back on sale

A multi-million dollar lodge boasting its own waterfall and helicopter pads - and which had previously been illegally bought by Chinese businessmen - is back on the market .Kourawhero Mountain Lodge spans 100 acres of heritage...

Source: nzherald.co.nz - Property | 23 Oct 2020 | 6:00 am

How permanently low interest rates are killing the home ownership dream for many

Originally published by The Spinoff Super-low interest rates are a blessing to those already on the housing ladder. For those still renting and without a deposit, it is yet another nail in the long-sealed coffin of potential home...

Source: nzherald.co.nz - Property | 22 Oct 2020 | 8:01 pm

Auckland landlord could lose house after failing to pay $180,000 costs

A former landlord who was handed one of the largest fines on record for repeated law-breaking could have her house seized because she has failed to pay back money owed.Widharni Iskander, also known as Debbie, was fined $180,000...

Source: nzherald.co.nz - Property | 22 Oct 2020 | 4:24 pm



$178.3m deal by Centuria-owned Augusta to buy Visy Glass Penrose plant

Recently-sold Augusta Capital has struck a $178.3 million deal to buy a Penrose manufacturing and distribution plant leased back to the previous owners on a 20-year term.Mark Francis - managing director of Augusta now delisted from...

Source: nzherald.co.nz - Property | 22 Oct 2020 | 2:34 pm

Wellington's historic Farmers department store redeveloped

Wellington's historic Farmers department store on Cuba St has been given a new lease on life, after languishing at less than 5 per cent of the New Building Standard (NBS).Willis Bond has spent $60 million redeveloping the building...

Source: nzherald.co.nz - Property | 22 Oct 2020 | 6:00 am

It's here - $13.5m tunnel boring machine for $4.4b City Rail Link arrives in Auckland

New Zealand's biggest transport infrastructure job leapt forward today with the arrival of the $13.5 million tunnel-boring machine for the $4.4 billion City Rail Link.The machine, officially named Dame Whina Cooper, is now at the...

Source: nzherald.co.nz - Property | 21 Oct 2020 | 12:44 pm

Buyers complain after real estate agent buys property they wanted

Three property buyers have lodged a successful complaint against a Kapiti Coast real estate agent who they thought was trying to sell them a farm but instead bought it himself.The complainants told a Complaints Assessment Committee...

Source: nzherald.co.nz - Property | 20 Oct 2020 | 11:05 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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