Radio NZ discussion on Capital Gains Tax for Property

Posted on March 30, 2007 by newshound

Listen to a Radio NZ interview with

  • David Paterson, Taxation Lawyer, Tax Review Team in 2001
  • Andrew King, President APIA, Vice President NZPIF
  • Lawrence Murphy, Associate Professor, Head of Department of Property, Auckland University
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Landlords feeling the pinch

Posted on March 8, 2007 by newshound

From the NZ Herald, by Brian Fallow

House prices have soared while rents have barely moved, leading many to conclude rental property is overvalued. But research by economists challenges that conclusion.

Over the past five years house prices have doubled while rents have risen just 14 per cent.

As a result, rental yields have fallen from nearly 6 per cent to little more than 3 per cent.
House prices and rent
Rather than seeing that as evidence of a house price bubble, Westpac economists Dominick Stephens and Brendan O’Donovan argue in a report published yesterday that the fall in yields can be explained by a trend towards lower mortgage rates and the rise in the top income tax rate in 2000. Continue reading →

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No vacancy for renters

Posted on January 21, 2007 by newshound

From the NZ Herald

No vacancy for renters
By Nicola Shepheard

Prospective tenants are bribing property managers and landlords with flowers, gifts and free labour in Auckland’s super-heated rental market.

January and February have always been a landlord’s market as students and professionals return to Auckland from summer breaks, but there are signs the competition is fiercer than ever in sought-after areas. Continue reading →

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Diana Clement: New Year’s resolution – dump the duds

Posted on January 20, 2007 by newshound

From the New Zealand Herald

What better time than the New Year to ditch your dud investments and use the money to buy better ones. Continue reading →

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Bid to limit tenants’ liability draws flak

Posted on December 7, 2006 by newshound

From the NZ Herald

Andrew King

Bid to limit tenants’ liability draws flak

Wednesday December 6, 2006
By Anne Gibson

Proposals to change the law so personal liability of more than a million tenants is limited have inflamed the Insurance Council and landlords.

Minister for Building and Construction Clayton Cosgrove has proposed amendments to the Residential Tenancies Act which would give tenants more power if houses they rented were damaged.

Last week the minister also announced the changes would apply to retirement villages, boarding houses and other forms of assisted living. Continue reading →

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