Friday 20 November, 2015 This week we have dedicated the background of our website to Jonah Lomu - a rugby superstar and a superstar of a man. RIP bi

         
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Friday 20 November, 2015

This week we have dedicated the background of our website to Jonah Lomu - a rugby superstar and a superstar of a man. RIP big fella. I first saw you play as a 15 year old high school kid and have been impressed with you ever since - thanks for the memories.

Your propertynoise.co.nz is all about keeping you up to date with all things property in New Zealand (and a bit of Aussie too).

Thanks for the opportunity to keep you informed on all things property.

This e-news features KEY STORIES of the week.... plus a link to other NZ & Australian property news.

New Zealand Property News

Australian Property News

ANL

The proposal is on hold after a resource consent hearing held at the Edgewater Resort to consider the proposal was adjourned

Halt to celebrity chef Annabel Langbein’s property plans

Celebrity chef Annabel Langbein’s plans to further develop the Dublin Bay property she owns with husband Ted Hewetson have been put on the backburner.

Read more...

b and J

From mid-December the international chain will begin selling icecream from its first New Zealand store

Ben and Jerry’s choose Ponsonby Rd for first NZ store

A dessert war is brewing on Ponsonby Rd with the imminent arrival of American ice cream chain Ben & Jerry’s.

Read more...

OST

The move, signalled in the May Budget, is part of the “brightline” test that will impose capital gains tax on all those who sell investment properties within two years of purchase.

‘Overseas’ house sellers will face new withholding tax on their gains

A new withholding tax on foreign sellers of residential land will be in place by next July, hitting all overseas owners who sell within two years of buying.

Read more...

MCG

Founder and chief executive John McGrath said the float will help fund its expansion of franchises and company-owned real estate agencies.

One of Australia’s largest real estate companies is looking to make its share market debut next month

One of Australia’s largest real estate companies is looking to make its share market debut next month, giving the company a A$282 million ($307 million) market value.

Read more...

BH

The requirement for a big deposit and the limit on the loan-to-income multiple meant we could only afford a house worth $112,000, but it was the same for everyone.

Bernard Hickey: Loan stats frightening

When I bought my first home in Wellington in 1992 it was rare for banks to lend more than twice the income of the occupier. Generally, three times was seen as the upper limit.

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ANZ

The proportion of intending to purchase in the next six months continues to increase gradually – from 17% in 2010 to 23% in 2014.

ANZ Residential Property Investment survey

A major change in investor portfolios over the last few years is an increase in the proportion who hold their properties in a family trust. This has increased from 23% in 2010 to 31%.

Read more...

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