It has been reported that due to depreciation been done away with on the improvement portion of investment property (takes effect on 1 April 2011 next year) some are set to lose as much as $1000 a year and some are saying it won’t stop there.

New Zealanders are notorious for sitting in cold, damp houses huddled together on the couch wrapped in blankets. KATE CHAPMAN of NZPA looks at whether the Government's insulation subsidy scheme will make any difference for those who don't own their home.