Property

Explore the latest property news by BusinessDesk. 
Last roll of the dice for Auckland’s hotel 'bed tax'
Property Free

Last roll of the dice for Auckland’s hotel 'bed tax'

Auckland Council continues to seek a legal remedy to get its controversial targeted rate on hotels reinstated as the sector climbs out of the covid doldrums.

Brent Melville 20 Apr 2022
Price pain for developers as construction inflation hits 7.3%
Property

Price pain for developers as construction inflation hits 7.3%

The inflationary index for construction continued to ratchet up over the first quarter, as suppliers and manufacturers passed supply chain price increases on to builders.

Staff reporters 20 Apr 2022
Baby boomers help drive 7% surge in SME sales
Property Free

Baby boomers help drive 7% surge in SME sales

Older property owners finding themselves with more wealth than expected are leading the charge of small business sales to market, presenting opportunities for cashed-up buyers.

Brent Melville 19 Apr 2022
House sales down a third, as buyers 'wait'
Property

House sales down a third, as buyers 'wait'

The red hot housing market is a thing of the past, as more houses hit the market and buyers adapt to the higher interest rate environment.

Staff reporters 14 Apr 2022