One in five homes sold within two years
Nearly one in five Auckland homes are sold within two years of being purchased, the Government has been told by officials.
Nearly one in five Auckland homes are sold within two years of being purchased, the Government has been told by officials.
Head of Auckland's biggest new housing precinct says people looking for short-term fix aren't welcome.
Farm prices have continued to rise, despite the near halving of milk prices over the past year, according to Real Estate Institute of New Zealand data.
Free Primavera 50 Vespa motor scooters and helmets are being given away with six "affordable" Mt Eden one-bedroom apartments, for sale from $430,000.
Agents have welcomed new measures to track foreigners buying property but say tougher moves on money laundering are needed.
Moves to crackdown on property speculators have been welcomed as a step in the right direction by market commentators but one analyst says the changes may be too little too late.
Security software firm Wynyard Group sees annual revenue growing up to 73 per cent this year as it pursues contracts and gets closer to finalising a major distribution agreement..
The Government's property speculator tax crackdown will lead to large-scale real estate dumping before its October 1 start and widespread evasion and avoidance, experts say.
The last GlobalDairyTrade auction for the season is tomorrow and dairy analysts say indications are that prices may be about to bottom out.
The new tax rules will do little to cool Auckland's property market, according to John Key. The city needs more houses.
Mark Keating writes: The Government has been arm-twisted by its critics into a tax response to address Auckland property prices.
Last Thursday we saw a tale of two biotech companies. If you need evidence investing in medical research stocks is a lottery, this is the story for you, writes Christopher Niesche.
Fonterra's strategy has to start delivering or its market share will shrink further, says Federated Farmers Otago dairy chairman Stephen Crawford.
Experts say when Finance Minister Bill English stands up to announce his spending plans, there could be something in the Budget to help your pocket.
Australian Prime Minister Tony Abbott has found a new way to plug the country's budget hole: targeting multinationals.
Share trading platform Unlisted is applying for an exemption from the Financial Markets Authority.
It's a tough time to be an investment banker in Southeast Asia. Mergers involving Southeast Asian companies have dropped 45 per cent this year to the lowest level since 2009.
The Reserve Bank has singled out the New Zealand dairy sector as an "area of risk" for the financial system.
REINZ figures show the national median house price fell 4.2 per cent in April, but rose 18pc in Auckland.
New Zealand shares rose yesterday, paced by SkyCity Entertainment Group and Meridian Energy as investors mulled a possible rate cut.
A newly licensed online lending service is targeting prospective homeowners who have been shut out of the mainstream mortgage market by low-equity loan restrictions.
Expectations of rising house prices remain close to historic highs in ASB's quarterly survey of housing market sentiment.
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.
Fonterra will late this month release its milk price forecast for 2015/16 and indications are that it will be towards the lower end of market expectations.
Saskatchewan, Canada's biggest agricultural province, imposed a temporary ban last month on certain investors acquiring farmland, reports Bloomberg.
One-third of Capital + Merchant Finance's $18.5 million settlement fund is ring-fenced for claims from the failed firm's trustee and a global investment giant.
An official cash rate of 3.5 per cent, which would have been base camp in previous cycles, is now being seen as the highest it will climb this time.