Author Archives: admin

Tim Manning Recognizes Property Values Still Climbing – Especially in Auckland

New Zealand property values continued to rise in April to be 4 percent above their peak of late 2007 as Auckland again recorded strong gains, according to state valuer Quotable Value. National property values increased 1.3 percent in the three … Continue reading

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Auckland Council “Loot Sharing” Plan Slammed

A property developer has spoken out against Auckland Council’s plan to tax increases in the value of land from rezoning or redevelopment. The council’s proposal for “shared land value uplift,” buried in an addendum to the mammoth Auckland unitary plan, … Continue reading

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Tim Manning Views on Council Accused of Capital Gains Bid by Stealth

Auckland Council is eyeing taking another slice out of rising property values and may seek a change in the law to do so. The council is calling the proposal “shared land value uplift” but its critics are blasting it as … Continue reading

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Power Price Data Shows Hypocrisy of Labours Claims

Labour and the Greens launch their electricity policy later today, and if the drought had not already broken the deluge of crocodile tears from opposition MPs would have done the job. Expect to hear much about high power prices and … Continue reading

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Capital Gains Taxes: Myths, Misconceptions and Lies

The country is going through another bout of bumper sticker economics over a capital gains tax. With the Auckland property market performing its well-known impression of a runaway circus elephant whose keepers have shoved a cocktail of speed and hallucinogens … Continue reading

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House Sales at Six-year High, Prices Rise to New Record

The number of New Zealand house sales rose to a six-year high last month and prices touched a new record as Auckland continued to drive up the national average. Some 8128 houses were sold in March, up 23 percent from … Continue reading

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Interest Rates Staying Low

Bond yields have fallen around the world over the past week driven lower by weak jobs data in the United States and Bank of Japan extraordinary policy easing. In the United States the March jobs report was much weaker than … Continue reading

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BNZ-REINZ Residential Market Survey

Mission Statement To help Kiwi businesspeople and householders make informed financial decisions by discussing the economy in a language they can understand. Market Very Strong All of the eight key measures we use to gauge strength in the residential real … Continue reading

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Singapore Wins Hands Down When It Comes to Being a Good Place to Live

All up, for me Singapore wins hands down when it comes to being a good place to live while working as an expat servicing the Asian region. But choice of location will very much be a function of what your … Continue reading

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Offshore Buying of NZ Property is Only Going to Grow and a National Debate on Rules Regarding Foreign Purchases

HOUSING MARKET UPDATE: Offshore buying of NZ property is only going to grow and a national debate on rules regarding foreign purchases would seem useful. I have received a good number of emails from people who have either read my … Continue reading

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