More than three-quarters of the properties in Bayleys latest total Property auction sold under the hammer.

New Zealand building consents bounced back last month, signalling a flurry of new construction intentions in Auckland's residential property market.

Buildings consents rose 11pc in October, says Statistics NZ.

Labour is promising a full inquiry into all aspects of the failure of South Canterbury Finance if it wins the election.

Rival supermarkets are hitting Auckland's CBD in an attempt to win inner-city shoppers.