
Court orders $750,000 debt be repaid
A property developer's family trust that bought 9000sq m of land in an exclusive Queenstown subdivision must repay $740,000 to liquidators after losing a High Court fight that involved fraudulent....
A property developer's family trust that bought 9000sq m of land in an exclusive Queenstown subdivision must repay $740,000 to liquidators after losing a High Court fight that involved fraudulent....
Part of troubled housing development empire Tribeca Homes has been placed into liquidation by creditors.
Shopping around for a mortgage could save New Zealanders up to $28,500 over the lifetime of a loan, according to a new survey of home lending.
Former high-flying multibillion-dollar developer Nigel McKenna is working on Auckland's big state house overhaul.
It's valued at more than $1.5 million and situated in the sought-after Grammar zone - and it could be all yours for just $1. But there's a catch.
The major banks are breathing a sigh of relief that the Reserve Bank has decided to drop the 5+ proposal.
Landlords have hit back at Reserve Bank consultation on their sector, threatening to punish tenants by hiking rents if a tougher lending regime is ushered in.
The Reserve Bank has taken a step closer to treating residential investment properties differently from owner-occupied ones.
A new $300 million 800-unit Albany project, promoted as New Zealand's largest residential apartment development, has just been announced. Martin
Auckland house values are up by 43.8 per cent on the last boom in 2007 - but a valuer is warning that off-the-plan buyers are not always recovering their money.
Former Blue Chip boss Mark Bryers returns to the witness box today as the High Court continues its look at his application for discharge from bankruptcy.
Former Blue Chip boss Mark Bryers is seeking discharge from his bankruptcy in the High Court at Auckland today.
The lakeside drive from Queenstown to Glenorchy lives up to its billing as one of New Zealand's most scenic roads - it just gets better at every bend as the north Wakatipu basin reveals....
Investors in property syndicates formerly run by SPI have been told to close ranks to the media.
In the last year, Auckland house prices were up 16 per cent and it is expected pressures will build up house prices even more.
New Zealand's banks had a bumper 2014, with home loan demand amid a booming property market helping to boost their combined profit by more than 20 per cent to a record $4.8 billion.
Mortgage lenders have noticed an upswing in the number of people withdrawing money from KiwiSaver for a first home.
"Negligent" advice from a Tauranga law firm did not cause a Blue Chip investor's $90,000 loss, the Supreme Court has unanimously decided.
Investors in nine property syndicates that have so far lost $25 million say related-party loans and mismanagement may have contributed to their financial woes.
Contestants in Television New Zealand's new hit DIY reality show may face tax bills of many thousands of dollars.
Parents could save hundreds of thousands of dollars by skipping houses in elite school zones and paying to privately educate their kids elsewhere instead.
New Zealand shares rose to a new record close yesterday as holidays in Auckland and Australia kept trading volumes light.
A big marketing drive is on to draw more Chinese people to NZ real estate and the businesswoman behind it expects a huge upswing in investment.
A rare big block of Bay of Plenty development land in Ohauti, about 10 minutes' drive south of the Tauranga CBD, is to be auctioned next month.
Graham Wilkinson's Christchurch-based Retirement Assets is spending $320 million developing and expanding three retirement villages and he is now hunting for further sites.
Residents will next month begin moving in to the new $250 million high-rise SugarTree apartment development between Nelson St and Union St.
Auckland house values rose at almost twice the rate of the rest of New Zealand, up 9.8 per cent or $68,309 in the last year.