Values throughout the main urban areas have flattened or declined over the three months to May, according to QV's latest statistics. Find out what's happening in the story below. 10-06-2010 more >>
The residential property market is a mixed bag in terms of activity but looks set to "potter along" for the next while, according to QV. 10-06-2010 more >>
An increasing volume of residential building in the March quarter has offset a continuing fall in commercial construction, to post an overall lift in all building work of 0.7% across its three month measurement period. 08-06-2010 more >>
The biggest single receivership sale of residential investment property ever seen in New Zealand is placing seven large-scale multi-tenanted units on the market for sale – encompassing some 153 rental units. 06-06-2010 more >>
Auckland house sales and prices rose last month after a soft April, though the property market still faces headwinds with interest rates likely to rise and more people looking to head across the Tasman. 03-06-2010 more >>
Property prices are still under pressure as households keep debt repayments as a top priority for the year ahead, according to the ANZ New Zealand property gauges. 02-06-2010 more >>
Just like a leaky home, a house that has been used to manufacture methamphetamine (P) can cost tens of thousands of dollars to clean or repair before it is safe to be inhabited again. 01-06-2010 more >>
Kiwi Mums and Dads are losing their homes in record numbers to mortgagee sales as the effects of the recession continue to bite residential homeowners. 31-05-2010 more >>
As part of the Budget process, the Inland Revenue Department (IRD) has proposed limiting the use of LAQCs to reduce the overall tax paid by property investors and others. 31-05-2010 more >>
New Zealand's home-building approvals rose to a two-year high in April, suggesting the property market is heading for a gradual recovery, buffeted by higher interest rates. 28-05-2010 more >>
The Inland Revenue Department (IRD) says leaky buildings will generally not be eligible for depreciation deductions in line with rules for other buildings with a useful life of 50-plus years. 27-05-2010 more >>
The first nationwide survey on the Budget of 2,097 people, commissioned by the New Zealand Business Council for Sustainable Development, found that denying depreciation on rental properties and commercial buildings is supported by 46% and opposed by about a fifth of people. 24-05-2010 more >>
Property investors will not want to use LAQC’s going forward and they will use other structures instead according to Deloitte tax partner Mike Shaw, who is a member of the Tax Working Group. 21-05-2010 more >>
Residential property investors will get another chance to claim depreciation on fit-out and maintenance costs with Inland Revenue reviewing these costs after the government followed through with its threat to remove property owners’ ability to claw back depreciation on buildings. 21-05-2010 more >>
Changes to the tax treatment of investment property increase fairness and help rebalance the economy towards productive investment, Finance Minister Bill English and Revenue Minister Peter Dunne say. 20-05-2010 more >>
Property investors will face greater scrutiny from the tax department after the government confirmed it will wipe depreciation write-offs for buildings. 20-05-2010 more >>
The Government is closing the loophole on loss attributing qualifying companies (LAQCs), a favoured property investment vehicle, by aligning the tax rates between the structures' deductions and profits. 20-05-2010 more >>
As the Budget looms, landlords and a university researcher claim that a key figure which has been used in the argument about rental investment is wrong. 19-05-2010 more >>
Investors are showing less enthusiasm for rental property but attitudes to other classes of investment are rebounding, a quarterly ASB survey shows. 19-05-2010 more >>
New Zealand investor confidence in rental property has cooled in the past three months, and the popularity of other investment classes is gaining momentum, according to the latest ASB Investor Confidence Report. 18-05-2010 more >>
