Controversial changes to the rules governing overseas investment will soon take effect after being passed by Parliament this week. Businesses now need to consider how to best work with the new rules. Andrew Petersen and Glenn Shewan from Bell Gully take a look how the new regime may affect commercial transactions.
Phil Twyford says he will draw up what he calls an action plan with the beleaguered construction industry to address its deep-rooted problems, Thomas Coughlan reports.
New Zealand needs to be more ambitious if it is to improve the performance of its major centres and the contribution they make to the national economy, Housing and Development Minister Phil Twyford said today.
New Zealand house sales were largely flat in July as activity in the dominant Auckland market settled down in what's typically the quietest winter month.
The Reserve Bank has just extended the low interest rate track for another year until well into 2020.
Auckland house prices were stable in July but the number of sales lifted on the year with demand for lower priced property still strong, the city’s largest realtor said.
New Zealand house values eased in the past three months as lower value, more affordable properties sold at a faster rate, due to continued demand from first home buyers, according to Quotable Value.
New Zealand house values eased in the past three months as lower value, more affordable properties sold at a faster rate, due to continued demand from first home buyers, according to Quotable Value. Rebecca Howard reports
The number of New Zealand home transfers to foreign buyers eased slightly in the second quarter, based on new data that tracks ownership changes from Statistics New Zealand.
Fonterra's Chairman John Wilson stepped down for health reasons, potentially re-opening a debate about Fonterra's future structure. Various community leaders and economists called on the Government to relax its debt limits to invest in infrastructure, but Winston Peters and Grant Robertson say they aren't planning any relaxation until after the 2020 election.