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![Auckland property prices fall in August, listings stay low](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Auckland property prices fall in August, listings stay low
House prices in Auckland fell during August as the number of properties being listed continues to stall.
![Allied Farmers Rob Alloway resigns](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Allied Farmers Rob Alloway resigns
Allied Farmers chief executive Rob Alloway has resigned, following chairman John Loughlin out of a firm whose finance arm is in receivership.
![Borrowers over reach themselves](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Borrowers over reach themselves
Bad loans to bars, hotels, furniture makers, property investors and even a state house builder wiped out at least $100 million from South Canterbury Finance.
![Property agent fined $5k for tampering with sale deal](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Property agent fined $5k for tampering with sale deal
A real estate agent who tampered with a sale and purchase agreement to increase her stake in a commission split has been fined.
![Westin hotel shuts rooms, large job cuts](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Westin hotel shuts rooms, large job cuts
About 100 staff at the Auckland's five-star Westin hotel are losing their jobs as most of its rooms are shut down.
![Westin disarray a concern for RWC plans - investor](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Westin disarray a concern for RWC plans - investor
Westin Hotel's receivers are planning to shed up to 100 staff, throwing Rugby World Cup visitor plans into disarray, say investors in the property.
![ASB to offer controversial reverse mortgages](/pf/resources/images/placeholders/placeholder_l.png?d=795)
ASB to offer controversial reverse mortgages
ASB has announced it will be the first major NZ bank to offer asset rich but cash poor customers reverse equity mortgages.
![Real estate agents head to China to sell NZ's top homes](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Real estate agents head to China to sell NZ's top homes
This $8.8m property in Auckland's Castor Bay is one of the houses being marketed at a six-day showcase in Shanghai.
![Phone running 'red hot' says anti land-sales campaigner](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Phone running 'red hot' says anti land-sales campaigner
Tony Bouchier says his phone has been ringing red hot with support for a campaign to stop NZ farms being sold overseas.
![Viaduct Capital receiver expects to recoup 28c to 33c](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Viaduct Capital receiver expects to recoup 28c to 33c
A total of 110 Viaduct Capital secured depositors are owed NZ$7.8 million, including accrued capitalised interest. Under the Crown retail deposit guarantee 94 depositors owed NZ$7.3 million are covered.
![Property investment takes big hit in new survey](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Property investment takes big hit in new survey
A new survey shows the number of New Zealanders interested in investing in residential property has declined significantly, for the first time in several years.
![Mystery over Five Mile Allied Farmers finance](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Mystery over Five Mile Allied Farmers finance
The man behind the $27m purchase of a Queenstown property development from Allied Farmers is declining to say how the deal is being financed amid speculation Allied may be helping him.