Latest Property Related News

The business which operates New Zealand's biggest homeware store has collapsed into receivership in further trouble after its builder went into liquidation last month.The Companies Office shows Kara Johnstone and Conor McElhinney...

The University of Auckland has been forced to offload a boutique Remuera mansion at a massive discount after buying a leaky home for its former vice-chancellor.The sale has now been held up as a cautionary tale by a lobby representing...

The Court of Appeal has rejected a legal challenge against a proposal to build Waiheke Island's first commercial marina, refusing to allow opponents to try to have a High Court ruling overturned.SKP (Inc) has long been fighting...

The Education Minister has taken aim at the University of Auckland after the Government's financial watchdog panned the purchase of a $5m Parnell mansion for its vice-chancellor.The university bought the four-bedroom luxury home...

Wide-sweeping changes are recommended to the multi-billion dollar retirement sector, home to a "vulnerable" population estimated at 43,000 people.Retirement Commissioner Jane Wrightson's office today released a discussion paper...

The University of Auckland's controversial purchase of a $5 million Parnell mansion for its boss has been slammed by the Government's financial watchdog.The university bought the four-bedroom pad in November last year as a home...

Complaints against real estate agents have hit a 10-year low, the Real Estate Authority says but the percentage of consumers who had issues or problems during transactions has risen.In the 2019/20 year, 288 formal complaints were...

The latest figures from Auckland's biggest real estate agency showed that nearly half of all the city's homes sold in November changed ownership for more than $1 million. "The average price at which homes are now selling, compared...

Facebook's first president, billionaire Sean Parker, has won consent from New Zealand's Overseas Investment Office to buy a third of Academy Award-winning Weta Digital which made The Lord of the Rings and Avatar possible.In a decision...

By RNZ Inland Revenue is cracking down on residential property investors who have sold without paying tax on the profits.The department is matching tax returns with property transactions and is contacting who might be affected...

Prime Minister Jacinda Ardern might have ruled out bringing in a capital gains tax, yet there is already a tax on the books that could do the job instead.That's according to two University of Auckland researchers, who say section...

On this Black Friday retail bonanza day, Bunnings has suddenly shut a big $49.2 million Auckland store after engineering advice about seismic issues.A statement just issued from Australia described problems at the property, owned...

The sale of unmaintained houses poses a risk for buyers once the market slows down, a Wellington real estate agent says. CoreLogic data released this week shows 99 per cent of Wellington houses sold in the third quarter, sold for...