
Jeff Walters: New approach to housing needed
A new strategy is needed if we want young families to be able to buy homes as their parents and grandparents did, writes Jeff Walters. Unfortunately, there is no quick fix.
A new strategy is needed if we want young families to be able to buy homes as their parents and grandparents did, writes Jeff Walters. Unfortunately, there is no quick fix.
Population predictions show township is earmarked as future commercial heart of Auckland's Hibiscus Coast
The latest vacancy survey by Bayleys Research reveals that the Southern Corridor running from Greenlane to Penrose has the lowest vacancy level of the main office markets in the Auckland.
Construction has started on The Foundation, a $20 million retail development on Oteha Valley Rd in Albany, due to be completed towards the end of this year.
KiwiSaver's swelling coffers have prompted a local fund manager to buy a big Auckland office block from a European owner - and more such deals are being predicted.
When Queen St's Imperial Laneway got its $15 million makeover a couple of years ago, owners poured $4 million into seismic strengthening.
Kingsland property owner Pam Willis says insurance premiums may reach the point where owners start tearing down commercial buildings.
Landlords are crying poor and seeking financial assistance in the face of proposals to strengthen thousands of old buildings.
Changes are being made at the Queen Street Markets in the old MidCity Cinemas complex on Auckland's Golden Mile.
An American beach-themed eaterie making waves in Auckland's corporate heart is expected to operate for only a couple more months.
Affordability is a huge issue for small businesses and building owners, Mr Gudgeon says. "Strengthening is a cost burden - with no return".
Some of New Zealand's historic buildings are about to be hit by a multibillion-dollar bombshell, as the Government forces their strengthening, experts claim.
Home-building consents fell last month as a drop in approvals for apartments offset gains for other types of dwellings
The official declaration of a state of drought in Northland has been welcomed by farmers, who say it will bring much-needed support to those affected.
A state of drought has been officially declared for Northland. Primary Industries Minister Nathan Guy made the announcement at a Dargaville dairy farm this afternoon.
Prime Minister John Key says there is a reasonably high chance a drought will be declared soon as the country's farmers become increasingly concerned.