ASB expects 6% house price decline, rapid recovery
ASB Bank is forecasting a 6 percent drop in national house prices this year, in the face of a deteriorating labour market, falling net migration and rental declines. But the bank expects the property market to get back to current levels next year, on the back of cheap credit and...
Use local food story to sell NZ to the world, MPs told
New Zealand’s success in managing the covid-19 crisis has presented an opportunity for the country to “own the narrative” surrounding trusted food, said KPMG NZ head of agribusiness Ian Proudfoot. Speaking to the epidemic response committee today, Proudfoot said he would like...
Fast fibre key to attracting rich listers, Rod Drury says
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...
First home buyers, investors gain as mortgage restrictions lifted
The property sector has broadly supported the Reserve Bank removal of loan-to-value ratio restrictions, saying it would open up opportunities for first home buyers and property investors. The proposal, which would see removal of LVRs for at least one year, is intended to help...
.jpg)
.jpg)
.png)
Prev
