Category Archives: News

Housing tax advantage a myth – IRD

Posted on June 14, 2007 by newshound

By IAN LLEWELLYN Inland Revenue says it is a myth that investments in housing have a tax advantage over other types of investment. Revenue Minister Peter Dunne and IRD officials appeared before the finance select committee today and were quizzed … Continue reading →

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Budget 07: Taxman closes in on property speculators

Posted on May 19, 2007 by newshound

By Anne Gibson, NZ Herald Property speculators who are reaping millions of dollars from the super-heated housing market are about to feel the heat from a tough new tax crackdown. Finance Minister Michael Cullen said Inland Revenue would get an … Continue reading →

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Housing costs dwarf ‘luxuries’

Posted on May 8, 2007 by newshound

From the NZ Herald Savings on food, clothing and home supplies have enabled New Zealanders to cover a huge increase in housing costs over the past 50 years. A Weekend Herald analysis of long-term spending patterns confirms property investor Andrew … Continue reading →

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Housing crisis: Experts’ tip – don’t hope for too much

Posted on April 28, 2007 by newshound

Source: NZ Herald What’s the answer for Aucklanders trapped in the affordability squeeze? Property experts say those facing a lifetime of renting must change their ideas if they want to get on the housing ladder.

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House prices leave rents behind

Posted on April 25, 2007 by newshound

Source: NZ Herald Average rents have risen faster than wages in the past five years and are tipped to jump further in the next two years as the rental market catches up with Auckland’s soaring house prices. Property Investors Association … Continue reading →

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