InvestmentAuckland property prices fall in August, listings stay lowHouse prices in Auckland fell during August as the number of properties being listed continues to stall. 03 Sep 12:15 AM
BDBDInvestmentAllied Farmers Rob Alloway resignsAllied Farmers chief executive Rob Alloway has resigned, following chairman John Loughlin out of a firm whose finance arm is in receivership.02 Sep 11:45 PM
PropertyBorrowers over reach themselvesBad loans to bars, hotels, furniture makers, property investors and even a state house builder wiped out at least $100 million from South Canterbury Finance.02 Sep 05:30 PM
PropertyWhat were SCF bosses thinking?Questions need to be asked of the former management of failed company South Canterbury Finance, says the Shareholders Association.02 Sep 05:30 PM
InvestmentProperty agent fined $5k for tampering with sale dealA real estate agent who tampered with a sale and purchase agreement to increase her stake in a commission split has been fined.02 Sep 12:15 AM
EconomyWestin hotel shuts rooms, large job cutsAbout 100 staff at the Auckland's five-star Westin hotel are losing their jobs as most of its rooms are shut down.01 Sep 04:15 AM
EconomyWestin disarray a concern for RWC plans - investorWestin Hotel's receivers are planning to shed up to 100 staff, throwing Rugby World Cup visitor plans into disarray, say investors in the property.01 Sep 03:30 AM
InvestmentFewer listings fail to clear property glutThe number of new listings fell for the fifth straight month last month, fuelling talk of a looming property shortage in our biggest city.01 Sep 12:20 AM
Official Cash RateASB to offer controversial reverse mortgagesASB has announced it will be the first major NZ bank to offer asset rich but cash poor customers reverse equity mortgages.25 Aug 08:45 PM
PropertyReal estate agents head to China to sell NZ's top homesThis $8.8m property in Auckland's Castor Bay is one of the houses being marketed at a six-day showcase in Shanghai.25 Aug 02:30 AM
AgribusinessPhone running 'red hot' says anti land-sales campaignerTony Bouchier says his phone has been ringing red hot with support for a campaign to stop NZ farms being sold overseas.23 Aug 12:15 AM
InvestmentViaduct Capital receiver expects to recoup 28c to 33cA total of 110 Viaduct Capital secured depositors are owed NZ$7.8 million, including accrued capitalised interest. Under the Crown retail deposit guarantee 94 depositors owed NZ$7.3 million are covered.18 Aug 09:30 PM
EconomyProperty investment takes big hit in new surveyA new survey shows the number of New Zealanders interested in investing in residential property has declined significantly, for the first time in several years.17 Aug 11:30 PM
InvestmentMystery over Five Mile Allied Farmers financeThe man behind the $27m purchase of a Queenstown property development from Allied Farmers is declining to say how the deal is being financed amid speculation Allied may be helping him.15 Aug 10:15 PM
EconomyHouse sales drop to 10-year lowA top economist says the property market is "stuck in neutral at best", but REINZ says property prices in the main centres are holding up well.12 Aug 11:10 PM
OpinionHow property prices can drop 4pc (and almost everyone wins)It's really easy to cut out the middleman.12 Aug 09:30 PM
EconomyHouse price fall of 4.1pc predicted in new reportA report prepared by business researcher Infometrics is predicting house prices will fall 4.1 per cent by next June.12 Aug 03:00 AM
