InvestmentProperty developer salvaged money, court toldJamie Peters salvaged property from his "crumbling" businesses, secured hundreds of thousands of dollars for his family and managed his bankruptcy on his own terms, the High Court has been told.25 Jul 05:30 PM
InvestmentBankrupt put up in home by employerJamie Peters was put up in a $1200&-a-week Remuera house by a company that almost a year earlier had cancelled the bankrupt property developer's employment agreement.16 Jul 02:15 AM
InvestmentBankruptcy court told of boat sale proceedsMore than $300,000 from the sale of a $2 million luxury yacht ended up with a company directed by his father-in-law, a court heard yesterday.15 Jul 05:30 PM
InvestmentBankruptcy battle in courtA former rich-lister is back at the High Court today, fighting to be discharged from bankruptcy - one of 24 the Official Assignee has objected to releasing.14 Jul 05:30 PM
InvestmentKiwi living Las Vegas lifestyleA Bankrupt Kiwi property developer is still living in a 660sq m Las Vegas home despite defaulting on its $2.8 million mortgage four years ago.11 Jul 05:30 PM
InvestmentMigrants not to blame for housing crisisThe housing crisis in areas like Auckland is not a by-product of migrants buying up residential properties, Immigration Minister Michael Woodhouse says.23 Jun 01:03 AM
InvestmentPeters bankruptcy extension serves no purpose: QCThere is no good reason for Jamie Peters' bankruptcy to be extended as he faces Official Assignee claims he still has control of significant assets.18 Jun 05:30 PM
OpinionGareth Morgan: Reserve Bank solution misses the pointThe Reserve Bank has announced it will lift the ratio of deposits to loans in order to take the heat out of the housing market, writes Gareth Morgan.18 Jun 05:30 PM
InvestmentAussies snap up our homesAustralians are contributing to New Zealand's skyrocketing house prices, with new research showing they bought more property than any other overseas group.18 Jun 05:30 PM
InvestmentDeveloper's auto historyEx-rich-lister Jamie Peters entered into a finance agreement on a luxury car at a time when he was unable to pay debts when they fell due, the High Court heard today.12 Jun 05:30 PM
InvestmentEx-rich lister's funds queriedAlmost $650,000 from the sale of a boat that Jamie Peters had personally used ended up in a bank account which the ex-rich-lister accessed during his bankruptcy.11 Jun 05:30 PM
InvestmentDeveloper 'barely survived' on $80kFormer rich-lister Jamie Peters has told the High Court he "barely survived" using $80,000 from a friend's bank account.11 Jun 01:00 AM
New ZealandBoundaries kill home dreams - Minister'It's obscene.' Housing Minister Nick Smith isn't impressed by the large gains being made by rural land owners, aided by the "straightjacket" of city boundaries.10 Jun 05:30 PM
OpinionDavid Mayes: Patchy housing market makes case for tweaksIf house prices start rising faster, it can require lenders to reduce the proportion of the property value they are prepared to lend, writes David Mayes.06 Jun 05:30 PM
InvestmentPenthouse owner questions repair-bill splitA Metropolis penthouse owner paying $28,000 a year in body corporate fees has put his place on the market for $3.5 million.03 Jun 06:50 PM
InvestmentTower's residents face $4m bill on top of annual $3.25mResidents in Auckland five-star tower Metropolis are paying $3.25 million in annual body corporate fees but a further $4 million is needed from them for a big repair job.27 May 05:30 PM
New ZealandSwanson set to grow after 13-year waitA rural village in West Auckland is set for a boost of 330 new homes.27 May 05:30 PM
ConstructionHome-build lure for Asian migrantsAsian business migrants looking at moving to New Zealand are being urged to invest in real estate to secure their residency.23 May 05:30 PM
InvestmentClaws are out in luxury CBD towerOwners of apartments in Auckland's five-star Metropolis tower are pitted against one another in battles which have ranged from cat-keeping to who sits on the body corporate.20 May 05:30 PM
InvestmentJudge rules in luxury high-rise spatA resident of New Zealand's tallest apartment tower has lost a bid to injunct body corporate members.19 May 10:00 PM
InvestmentInvestor morale jumpsAgainst a backdrop of rising share prices and a booming Auckland housing market, investor confidence reached its highest level.19 May 05:30 PM
BDBDEconomySmall NZ banks on notice - S&PStandard & Poor's, the global credit rating agency, has put eight local banks on notice over the rising risk of a housing bubble bursting in New Zealand.16 May 10:00 PM
InvestmentProperty chiefs give mixed reviewResidential rents could rise and historic buildings might be abandoned, say property chiefs who have mixed feelings about real estate changes in the Budget.16 May 05:30 PM
CompaniesGoodman payouts leave investors coldMarket players were left unimpressed by a big profit rise at NZX-listed landlord Goodman Property Trust, saying management were the only ones gaining financially.15 May 05:30 PM
InvestmentRoll up for bowling club apartmentsFourteen apartments, starting from $1.25 million, will be built on the Ponsonby Bowling Club site in Herne Bay in Auckland.06 May 05:30 PM
EconomyMortgagee sales fall to four year lowIn the last quarter of 2012, there were 461 mortgagee sales, 11 per cent down from the previous quarter and 24 per cent less than the same quarter the year before, according to statistics released today by Terralink International.25 Apr 10:40 PM
InvestmentMerger in pipeline for industrial investorsA Property For Industry investor is waiting for more information on a proposal to almost double the size of the $382.2 million NZX-listed business.15 Apr 05:30 PM
OpinionLiam DannLiam Dann: Politicians key to fixing housing bubbleBusiness editor Liam Dann is stumped as to what possible benefit the rise in the value of his house offers him.14 Apr 05:30 PM
