Latest from Rural Property

Lochinver conundrum has knock-on effects

The blocking of a sale of Lochinver Farm will be welcomed by those with a narrow, not to say xenophobic, view of the national interest.

Historic college shifted for new town

Wesley College to be demolished and relocated elsewhere for new small town hosting thousands of new homes.

John Wilson: Performance shows we got it right

Fonterra chairman John Wilson responds to criticism last week that Fonterra has been a failure.

Landcorp profits plunge 84pc

State-owned farmer Landcorp said its profit fell by 84 per cent due mostly due to lower milk and lamb prices.

Landcorp may have to sell farms - English

Finance Minister Bill English won't rule out state farming company Landcorp having to sell more farms than usual to ensure it is not too loaded with debt.

Mortgagee sales rise by 50%

The number of mortgagee sales has jumped nationwide in the past quarter as worsening economic conditions and lower dairy payouts hit parts of provincial New Zealand.

Dairy model 'broken': Landcorp boss

$4.55 swing in forecast milk price paid to farmers over two seasons shows there's something wrong with NZ's dairy model, says Landcorp Farming CEO Steve Carden.

Fonterra slashes farmgate milk price

The country's biggest exporter has lowered its price from a previous forecast of $5.25 following sharp falls in whole milk powder prices.

Private island sells for $7m

One of New Zealand's few privately owned islands is in the process of being sold for more than $7 million.

Farm sales robust

The rural property market has remained remarkably resilient in the face of lower farm-gate prices and dry summer conditions, with prices - by some measures - returning to pre-global financial crisis....

Up for grabs: big slice of island life

An island about 4km off the Coromandel coast is being marketed as a boutique tourism venture or the ultimate private hideaway.

Bach owners face rental tax

About 1400 private bach owners on the Coromandel face being stung with a new council charge if their properties are rented out as short-term holiday accommodation.

Fatal farm accident victim named

Australia tightens on foreign land buys

Australia has tightened the rules on foreign purchases of agricultural land and has reduced the ownership screening threshold to A$15 million from A$252 million.

High country's 'jewel' for sale

The historic Craigieburn Station, in the central Canterbury foothills, has come up for sale for the first time in 98 years.

Reap rural riches through rental return

The sale of Bunnings Cambridge, south of Hamilton in the Waikato, presents an opportunity to acquire a large, quality retail premises leased to a national company brand.