The IRD has released a summary of commonly made mistakes by non-professional property investors.

Kiwi Property Group's annual earnings increased 4.5 per cent as it seeks to raise $151.9 million to expand Sylvia Park.

Properties renovated on prime time reality television show The Block are likely to be caught by the Government's new capital gains rules.

Mark Keating writes: The Government has been arm-twisted by its critics into a tax response to address Auckland property prices.

The 190m-tall block will include a 30-level tower for 4000 workers, a 125-room hotel, and up to 10 luxury brand shops.

An Australian hotel business is disputing action by NZ's largest hotel owner over the management of five hotels here.

Warrants for a police raid on properties owned by Christchurch businessman David Henderson have been declared unlawful.

A second banking chief has denied Auckland has a housing bubble, saying many factors were combining to drive prices up including the city's sheer desirability.

Auckland University officially opens its 5.2ha Newmarket Campus tomorrow although students have been there for many months.

A new motorway interchange north of Auckland opens on Wednesday, providing direct access for 10,000 Millwater residents.

Five New Zealand hotels previously run by Staywell Hospitality Group are now under CP Group's management.