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Viewing entries tagged with 'prices'

'Auckland house prices can't keep falling'

16 January 2017

Interest.co.nz: Mortgage rates hikes and investor LVR restrictions won't be enough to stop Auckland house prices from growing in 2017, says the Property Institute.  More>

Insurer Youi fined maximum $100,000 by Insurance Council for dodgy sales tactics

5 October 2016

South African-owned insurer Youi has been fined the maximum financial penalty of $100,000 by the Insurance Council following a disciplinary process over misleading sales practices and has been warned any future misconduct will risk it being ousted as a member. NZ Herald. More> 

How many Big Macs could you buy for the equivalent cost of a median priced Auckland house compared to Melbourne, Sydney and New York?

14 September 2016

Borrowing a leaf from the pages of the famous Big Mac Index developed by The Economist magazine to measure whether currencies in different countries are over or under-valued depending on their Big Mac purchasing power, Homes.co.nz developed its own Big Mac Property Index. Interest.co.nz. More> 

'Property a better bet than pensions', says Bank of England chief economist

31 August 2016

Property is a better option for funding retirement than a pension, the Bank of England's chief economist has claimed. Andy Haldane made the comment despite having a gold-plated guaranteed pension which will pay him nearly £84,000 (NZD$152,400) a year.  More> 

Brian Easton examines the tax incentive mess we have got into with our housing policy

29 August 2016

While housing obviously fills a need – people need somewhere to live – it also has an investment aspect. How this investment is treated by the tax system influences the housing market, and the investment available for other purposes, such as business ventures. More>

Tax and the land bankers

29 August 2016

Bernard Hickey argues a land tax and/or targeted rates would change the expectations of unending tax-free capital gains with low holding costs that is driving a frenzy of land-banking in Auckland. More>

S&P increases capital risk weightings for NZ banks due to increased risk of 'sharp correction in property prices'.

24 August 2016

International credit rating agency S&P Global Ratings has warned of the increasing risks facing New Zealand banks as a result of the continuing rise in house prices.  More>