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RBNZ governor warns of property boom risks
Reserve Bank Governor Alan Bollard continues to warn of the risks of another property boom, pointing to the need to ensure the tax system does not advantage investment in property.As the Reserve Bank...
- NZPA Wednesday November 11, 03:45 PM -
Mortgage market cools in October: index
The mortgage market contracted in October after buyers were spooked by the first increase in interest rates in 19 months, a survey found.Mortgage broker AFG's monthly Mortgage Index showed that...
- AAP Tuesday November 10, 06:21 PM -
Kiwi Income Property Trust to raise $125m in note sale
Kiwi Income Property Trust has released the details of a $125 million sale of mandatory convertible notes.The notes pay a fixed interest rate of 8.95 percent per annum for five years.Unit holders...
- NZPA Tuesday November 10, 04:52 PM -
Kermadec Property Fund report fall in half year income
Kermadec Property Fund reported a fall in half year distributable income to $2.12 million from $2.57m a year earlier.For the six months to the end of September the fund's bottom line profit and total...
- NZPA Tuesday November 10, 02:40 PM -
ING Property Trust sells three properties
ING Property Trust is selling two buildings in Khyber Pass Road in Auckland for a combined $7.75 million and a building in Maui Street in Hamilton for $2m.The listed property trust said the sale...
- NZPA Monday November 9, 06:13 PM -
First home buyers made last minute dash
The number of home loans surged in September after two straight months of decline, as first home buyers flocked to the market ahead of the October 1 roll back of the first home owner grant.But the...
- AAP Monday November 9, 06:11 PM -
Owner occupier finance up 5%: ABS
Demand for home loans grew by more than five per cent in September in what appears to have been a last minute rush by first home buyers to secure the full benefit of a more generous housing...
- AAP Monday November 9, 03:51 PM -
Aussie firm as housing finance supports; bonds ease
__________AUSTRALIAN CREDIT/FOREX (0130 GMT) SNAPSHOT__________ FOREIGN EXCHANGE (against previous Sydney close) AUD= 0.9248/50 (0.9133/36) AUDNZD=R1.2575/98 (1.2639/54) AUDJPY=R 83.21/27 (82.79/87)...
- Reuters Finance News, Australia Monday November 9, 02:38 PM -
Green shoots continue in housing market
There are continued signs of a recovery in the housing market.The latest figures from Quotable Value show house values in October were up 0.2 percent on the same time last year.Nationwide, values are...
- Newstalk ZB Monday November 9, 07:16 AM -
QV figures show rise in property values
For the first time in 16 months residential property values are higher than they were a year earlier, QV figures show.A continued shortage of properties for sale is thought to be continuing to push...
- NZPA Monday November 9, 06:25 AM -
Fewer Australians occupy own houses: ABS
The proportion of owner-occupied dwellings has fallen during the past 15 years, new data shows.One-third of homes were owned by people who lived in them in 2007-08, according to the Australian Bureau...
- AAP Friday November 6, 05:53 PM -
AMP buys Singapore property trust stake
Australia's biggest wealth manager AMP Ltd has bought a stake in a Singaporean real estate trust for .1 million (.6 million) as it aims to take advantage of the higher returns available...
- AAP Friday November 6, 01:59 PM -
Ray White reports 50 percent sales increase in October
Property sales are up for the Ray White Group with a 50 percent increase in sales last month, compared to the same period last year.Ray White New Zealand chief executive Carey Smith said all regions...
- NZPA Friday November 6, 01:58 PM -
Kiwi Income Property Trust boosts revenue
Kiwi Income Property Trust lifted half year distributable profit 3.9 percent to $29.9 million, as total revenue grew 6.9 percent to $95.5 million.But a 3.5 percent or $65.8m reduction in the value of...
- NZPA Friday November 6, 11:57 AM -
Australia shares end down 0.7 pct; miners, property drag
(Adds analysts' comments) WELLINGTON/MELBOURNE, Nov 5 (Reuters) - Australian shares fell 0.7 percent on Thursday, with miners and property groups dragging the market lower and health-care stocks...
- Reuters Finance News, Australia Thursday November 5, 07:49 PM
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