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QV data shows a flat market in the last quarter. Photo/Chris Loufte

BUSINESS

Swanky Auckland suburbs suffer fastest house price fall

16 Jan, 2019 5:00am
4 minutes to read

While house values are flat, the market is predicted to 'bounce back' soon.

The home is in Allen Johnston Pl, St Johns.

BUSINESS

Tenants in $1200 per week Auckland home win $4k for leaks, faulty kitchen

15 Jan, 2019 12:02pm
4 minutes to read

Offshore, absentee landlords warned to comply with our tenancy law

Work on The Strand site in Parnell by KiwiRail.

BUSINESS

Watch: Parnell upgrade completed in $3.4b city rail revamp

15 Jan, 2019 6:41am
3 minutes to read

Another step has been completed in the Auckland railway system upgrade.

A property manager was pinged for not having two power meters at a two-flat property. Photo / 123RF

BUSINESS

Property manager ordered to repay tenant's $5000 power bill

14 Jan, 2019 3:04pm
2 minutes to read

The tenant also waited 38 weeks to get keys for the property.

The Milford luxury apartments in Milford North Shore, marketed two years ago.

BUSINESS

$200m plans: Application for 9-level Milford block

14 Jan, 2019 9:58am
3 minutes to read

The Milford apartment plan has been reignited.

IKEA at Westfield Stratford City, London. Photo/Chris Wilkinson

BUSINESS

IKEA's NZ format, location: What could be in store

9 Jan, 2019 5:00am
3 minutes to read

IKEA might trial smaller-format store for NZ debut.

Pania Newton at Ihumātao. Photo/Michael Craig

BUSINESS

Two years, 63 days on Ihumātao: protester vows to stay

8 Jan, 2019 12:11pm
4 minutes to read

Watch: Fletcher protester's response to Auckland trespass notice

Swedish IKEA executives come here on Friday.

BUSINESS

IKEA's NZ launch this Friday: CEO to make debut visit

8 Jan, 2019 10:04am
3 minutes to read

Speculation is rife that the company may confirm the location of its first store.

Barfoot and Thompson issued new data today. Photo/Richard Robinson

BUSINESS

After Barfoot & Thompson sale decline, economist says what to expect next

7 Jan, 2019 2:28pm
3 minutes to read

Economist warns to expect more "soft" housing data from Auckland this year.

Barfoot and Thompson says Auckland prices are down.

BUSINESS

Barfoot & Thompson warns of clear fall in Auckland house prices

7 Jan, 2019 11:07am
3 minutes to read

Auckland prices down 0.8 per cent from 2017 to 2018.

New data out on housing construction. Photo/Duncan Brown

BUSINESS

NZ's biggest residential builders named in new reports

7 Jan, 2019 5:00am
4 minutes to read

NZ's biggest house builder revealed

Leonie Freeman hopes for a new look at how cities are planned. Photo/Doug Sherring

BUSINESS

Property Council boss: 'Govt must examine how our cities are planned'

3 Jan, 2019 5:00am
3 minutes to read

Leonie Freeman says focus must be on building cities that support the wellbeing of Kiwis.

Peter Thompson looks back on 2018 and forward to the year ahead.

BUSINESS

Barfoot & Thompson boss: Housing market correction possible in 2019

2 Jan, 2019 7:50am
6 minutes to read

Barfoot & Thompson boss reveals plans for 2019

Economists worry about three negative housing market factors in 2019. Photo/Chris Loufte

BUSINESS

Three factors tipped to hit Kiwi property market in 2019

2 Jan, 2019 5:00am
5 minutes to read

Where to for the housing market in 2019?

Ebert Construction's failure a symptom of raft of issues. Photo / File

BUSINESS

'Perfect storm' dogging construction sector

29 Dec, 2018 11:06am
4 minutes to read

Ebert Construction's failure a symptom of raft of issues.

McDonald of Arvida sees big scope for expansion. Photo/supplied

BUSINESS

Aged-care providers under pressure to find nurses

28 Dec, 2018 5:01am
3 minutes to read

Bill McDonald of retirement business Arvida reveals plans for 2019

Project completion plans for 2019 satisfy Scott Pritchard. Photo/Jason Oxenham

BUSINESS

'Aucklanders don't know how good their city centre is going to be'

27 Dec, 2018 5:00am
3 minutes to read

Scott Pritchard of Precinct gives his outlook for 2019

Kiwi Property CEO Clive Mackenzie at his office this month. Photo/Dean Purcell

BUSINESS

The interview: Kiwi chief's answer to NZ's housing crisis

22 Dec, 2018 5:00am
6 minutes to read

Kiwi Property chief Clive Mackenzie wants to solve NZ's housing crisis.

The Ascot Hospital in Auckland, owned by Vital. Photo/Richard Robinson

BUSINESS

Vital Healthcare rebel shareholders win 3 out 5 resolutions

21 Dec, 2018 8:32am
2 minutes to read

Votes announced in Vital Healthcare fee/governance revolt

The redeveloped Westfield Newmarket is due to re-open next year.

BUSINESS

Restaurant signs up at $790m Westfield Newmarket

21 Dec, 2018 7:38am
2 minutes to read

Westfield Newmarket to open later next year

Housing Minister Phil Twyford is facing increased pressure regarding KiwiBuild targets. Photo/Getty Images.

BUSINESS

KiwiBuild 90 pct below target in first year: Collins

21 Dec, 2018 6:50am
3 minutes to read

100 KiwiBuild houses up in a year - well short of 1000 anticipated.

Auckland Transport's plans for Quay St. Photo / Supplied

BUSINESS

Controversial Quay St works gets approval

20 Dec, 2018 5:30pm
2 minutes to read

Trench digging and road works on Quay St starting next week have been approved.

Ascot Hospital in Auckland, owned by Vital. Photo/Richard Robinson

BUSINESS

Investors v board: Fiery Vital AGM begins

20 Dec, 2018 3:12pm
4 minutes to read

Three major investors put resolutions to change fees and governance.

Ikea is coming to New Zealand. Photo / Getty Images

BUSINESS

Ikea coming to NZ: Homeware giant's hunt for large site

20 Dec, 2018 9:05am
3 minutes to read

After years of speculation, it's finally happening.

Herne Bay where homes have the highest median value.

BUSINESS

Where it takes the longest to sell a home in NZ

19 Dec, 2018 4:05pm
3 minutes to read

You'll need the patience of the Bible's Job if you own a place here and plan on selling.

One of the largest property management firms in the country has appeared before the Tenancy Tribunal. Photo/123RF.

BUSINESS

'Walls smeared with dirt': Property management company fined $2500

19 Dec, 2018 10:20am
3 minutes to read

A broken, dirty oven was among the many issues raised in the case.

Plans for Quay St, making it more people-friendly according to the council.

BUSINESS

Quay St 'nightmare': Auckland Transport defends plans

19 Dec, 2018 9:28am
4 minutes to read

Council lawyers and Quay St narrowing opponents meet

Fletcher Building chief executive Ross Taylor announced the deals. Photo/Greg Bowker

BUSINESS

'Fletcher does something right for a change' - analyst

19 Dec, 2018 5:00am
4 minutes to read

Fletcher Building's announcement to sell Formica has been welcomed by some investors.

City Rail Link: RCR is working on the project. Photo/Michael Craig

BUSINESS

Aussie creditors force NZ business into administration

18 Dec, 2018 12:14pm
2 minutes to read

A troubled engineering and infrastructure business has been put into administration.

Twyford: changes to financial assistance for first home buyers. Photo/Jason Oxenham

BUSINESS

Govt eases first-house buying cap by $50k

18 Dec, 2018 11:38am
2 minutes to read

House price cap upped as Govt changes financial assistance regime.

Formica table with chairs. Photo/supplied

BUSINESS

Fletcher shares rally after $1.2b Formica deal

18 Dec, 2018 9:12am
4 minutes to read

This is part of Fletcher's strategy to exit non-core businesses.

Cold callers have been contacting Vital investors. Photo / Bloomberg

BUSINESS

Vital cold callers earn Shareholders' Assn rebuke

18 Dec, 2018 6:47am
4 minutes to read

Unitholders called before Thursday's potentially acrimonious meeting.

The council's plans for Quay St: four traffic lanes reduced to two.

BUSINESS

'Nightmare' on Quay St: Legal action planned to challenge road narrowing

17 Dec, 2018 10:23am
4 minutes to read

Legal action threatened to stop Auckland waterfront changes.

Phil Twyford has admitted to 'one or two teething issues', but he says: 'Kiwis know that this probably won't be solved overnight'. Photo / File

BUSINESS

KiwiBuild tally: Almost 50 built, 99,950 to go

15 Dec, 2018 5:00am
6 minutes to read

KiwiBuild was always a huge call, so how is it tracking after six months?

Auckland issues were discussed at today's panel. Photo/Greg Bowker

BUSINESS

Is Auckland ready for its mega 2021 year?

14 Dec, 2018 2:02pm
4 minutes to read

Project Auckland panel thrashes out biggest issues facing city.

Misi Sau Evile misquoted the pricing and completion date of a complex two-story home. Photo / 123RF

BUSINESS

Builder struck off for 10 years after near $250K under-quote

13 Dec, 2018 2:06pm
2 minutes to read

Misi Sau Evile misquoted the pricing and completion date of a complex two-story home.

The court rejected the James Hardie case.

BUSINESS

James Hardie loses bid to stop $250m cladding action

13 Dec, 2018 12:33pm
2 minutes to read

More than 1000 home and retirement village owners can continue their cladding action.

Zuru Tech house-building robots, as shown on the company's web site.

BUSINESS

Toy firm takes on global housing market

12 Dec, 2018 5:45pm
4 minutes to read

Zuru to do for houses what it did for toys.

Sydney house prices have fallen markedly in recent months. Photo/Getty Images.

BUSINESS

Sydney suffers biggest house price drop since late 80s. Is NZ next?

12 Dec, 2018 9:35am
2 minutes to read

Economist warns of Australian house price drop could flow on to NZ.

KiwiBuild chief executive Stephen Barclay. Photo/Jason Oxenham

BUSINESS

KiwiBuild boss in employment dispute with Housing Ministry

10 Dec, 2018 2:38pm
2 minutes to read

Ministry says KiwiBuild boss has not resigned, source says Barclay in employment dispute.

Parnell Terraces, which have been under repair and at the centre of a dispute.

BUSINESS

Corbel creditors owed more than $5m - liquidator's report

10 Dec, 2018 11:53am
2 minutes to read

Proud 18-year history, now unsecured creditors claim $4.5m

Housing minister Phil Twyford was grilled on Q&A last night. Photo/TVNZ.

BUSINESS

Heat on Twyford to reveal why KiwiBuild boss went

10 Dec, 2018 7:25am
3 minutes to read

The KiwiBuild chief executive was grilled on TVNZ's Q+A last night.

KiwiBuild chief executive Stephen Barclay in July. Photo / Jason Oxenham

BUSINESS

KiwiBuild chief gone after five months

8 Dec, 2018 5:01am
3 minutes to read

Stephen Barclay has left the organisation after only five months in the job.

The character villa at 14 Arawa Ave on Cheltenham Beach is an original beach bach.

BUSINESS

Heritage experts have high hopes for century-old, original Cheltenham bach

8 Dec, 2018 5:00am
3 minutes to read

Heritage advocates hope for little change to beachfront bach

Waiwera Thermal Resort, shut since early this year. Photo/Janna Dixon

BUSINESS

New hope for Waiwera: operator and landowner set for talks

7 Dec, 2018 1:05pm
2 minutes to read

Work on the resort could re-commence in the new year.

How one of the Māori Modular Design homes could look.

BUSINESS

Māori-style pre-fab affordable house scheme launched

6 Dec, 2018 2:21pm
3 minutes to read

Firms combine to produce affordable, Māori-style pre-fab houses to Kiwi buyers.

BUSINESS

Parnell Terrace owners: 'We're the $29m victims, not Corbel Construction'

5 Dec, 2018 12:00pm
3 minutes to read

Owners of leaky Auckland apartments costing $29m to fix say they are the true victims.

New data shows a big contrast to Sydney and Melbourne. Photo/Chris Loufte

BUSINESS

QV House Price Index: How have house prices in your city moved?

5 Dec, 2018 10:29am
3 minutes to read

Are New Zealand house prices suffering in the same way as across the ditch?

Parnell Terraces under repair last year. Corbell worked here. Photo/Doug Sherring

BUSINESS

'House of cards': Corbel failure tip of iceberg, says lawyer

4 Dec, 2018 4:30pm
4 minutes to read

A lawyer predicts more builders could follow Corbel Construction.

Corbel worked on Parnell Terraces in Auckland. Photo/Doug Sherring

BUSINESS

Another building firm collapse: Corbel Construction in liquidation

4 Dec, 2018 7:59am
3 minutes to read

The firm, which had $35m worth of projects underway in Auckland, is now in liquidation.

An aerial view of plans for Ormiston Town Centre.

BUSINESS

Flat Bush getting $200m Ormiston town centre after years of planning

4 Dec, 2018 5:00am
3 minutes to read

Ormiston to get town centre at last

How The Pacifica (central white tower) could look on completion.

BUSINESS

Foreigners welcome: The apartments that got overseas buyer ban exemption

3 Dec, 2018 2:24pm
2 minutes to read

The 57-level Pacifica building the first to get an exemption from the foreign-buyer ban.

Simon Herbert, pictured at Bayswate Marina when he bought it in 2006. Photo / File

BUSINESS

Skyrocket price: Land bought for $3.9m, sold for $62.8m

3 Dec, 2018 6:55am
2 minutes to read

The property shot up more than 1400 per cent in less than five years.

The same product shown with starkly different prices. Photo/File.

BUSINESS

The Bunnings divide: Why Kiwis pay double the Aussie price for the same item

30 Nov, 2018 9:09am
2 minutes to read

Kiwis are paying more than double the Aussie price for an emergency garage door opener.

Sir Stephen Tindall is questioning why other countries can construct houses for almost half the price that they cost in New Zealand. Photo / File

BUSINESS

Warehouse founder: Why do NZ houses cost twice as much to build as overseas?

29 Nov, 2018 8:50am
3 minutes to read

Warehouse founder calls for NZ to follow international examples.

The new block has parking for 600 vehicles.

BUSINESS

Sylvia Park opening new 600-vehicle parking block in time for Xmas

28 Nov, 2018 10:29am
2 minutes to read

Finally a solution to carpark woes at Sylvia Park.

Goodside, the new dining area at Smales Farm, opens on Saturday. Photo/supplied

BUSINESS

The Goodside opens Shore-side this weekend

28 Nov, 2018 6:55am
2 minutes to read

New North Shore dining lane opens this weekend

Twyford announced details today of the off-site KiwiBuild plans. Photo/Jason Oxenham

BUSINESS

NZ Super Fund in KiwiBuild off-site home pitch

28 Nov, 2018 5:00am
4 minutes to read

The $39.1 billion NZ Super Fund pitches for KiwiBuild off-site tender.

The agent, who worked at LJ Hooker, has appealed the tribunal's decision.

BUSINESS

'Naive' real estate agent appeals after 18-month suspension

27 Nov, 2018 12:13pm
2 minutes to read

The Disciplinary Tribunal previously said the agent was "commercially naive".

Image shows Arvida's Park Lane development. Image/Supplied.

BUSINESS

Arvida drives profit up 110pc, plans $500m expansion

27 Nov, 2018 10:56am
3 minutes to read

The retirement giant has big expansion plans.

Countdown, owned by Woolworths. Photo/Paul Taylor

BUSINESS

Woolworths cuts NZ leadership roles at Countdown

27 Nov, 2018 10:32am
Quick Read

Woolworths cuts NZ leadership staff

National's call for apartment law reform has been rejected.

BUSINESS

Twyford rejects call to immediately reform $50b apartment sector

26 Nov, 2018 1:30pm
3 minutes to read

National MPs were disappointed by the decision.