Overseas buyers still missing in action in June

Overseas buyers still missing in action in June
Rebecca Howard
By Rebecca Howard July 26 (BusinessDesk) - The number of home transfers to overseas buyers continued to fall in the June quarter, although inner Auckland homes garnered some interest.  There were 183 home transfers to people who didn’t hold NZ citizenship or a resident visa in the June 2019 quarter versus 1,116 in the same quarter last year. Total home transfers numbered 37,695 and of those 0.5 percent went to overseas buyers. A year earlier, total home transfers numbered 39,627 and 2.8 percent went to overseas buyers.  A ban on foreig...

More Policy

Workplace safety: Compliance equals protection
Policy

Workplace safety: Compliance equals protection

The Govt says health and safety obligations will be clearer within a new system of rules.

Credit card issuers fear ComCom proposals
Finance

Credit card issuers fear ComCom proposals

The proposed regulations will stifle banking competition, says Mastercard.

Pattrick Smellie 02 Apr 2025
Health and safety change for directors
Policy

Health and safety change for directors

Govt to clarify managers are responsible for managing day-to-day health and safety risks.

Dileepa Fonseka 02 Apr 2025
Supermarkets face break-up threat
Retail

Supermarkets face break-up threat

Forced and voluntary divestments are among potential outcomes.

Pattrick Smellie 30 Mar 2025