Fast fibre key to attracting rich listers, Rod Drury says

Fast fibre key to attracting rich listers, Rod Drury says
Brent Melville
Xero founder and former chief executive Rod Drury has renewed his call for a change to rules to allow wealthy foreigners to buy property in the country’s top destination drawcards.But, he said, any influx into areas such Queenstown or Hawke’s Bay would depend as much on excellent digital connectivity as it would on opening up the market to land investors.In his address to the epidemic response committee today, Drury said 1,000 sections could be allocated more or less “immediately” in Queenstown which he suggested co...

More Property

Authorities accused of doing demo job on local contractors
Infrastructure

Authorities accused of doing demo job on local contractors

Local contractor says preference for offshore providers costs the economy millions

Profit down 72%, as Winton moves into 'buy mode'
Property

Profit down 72%, as Winton moves into 'buy mode'

Residential firm says it's on the hunt for distressed deals.

Brent Melville 20 Feb 2024
Property managers need to be reined in, realtor organisation says
Property

Property managers need to be reined in, realtor organisation says

Unregulated industry has few checks and balances and bond fraud is 'common'.

Brent Melville 20 Feb 2024
IAG profits on the back of premium hikes
Finance

IAG profits on the back of premium hikes

The insurer posted profits of A$204 million in the first half of the financial year.

Staff reporters 16 Feb 2024