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Andrew King

Rents could rise up to 6.5 percent - investors say

Rents could rise up to 6.5 percent - investors say
Wellington, May 21 NZPA - Rents could increase by 4.5 percent to 6.5 percent, the New Zealand Property Investors' Federation (NZPIF) says. The figure was higher than Treasury's estimate of 1.5 percent over three to four years.

Budget to be "solid and sensible" - Key

Budget to be "solid and sensible" - Key
Wellington, May 18 NZPA - Prime Minister John Key has dampened down expectations for Thursday's budget calling it "solid and sensible". The budget was "another plank in delivering National's economic growth agenda", he said.

Property Investors Need To Accept Change Inevitable

Property Investors Need To Accept Change Inevitable
Wellington, Feb 10 NZPA - Property investors will find it hard to argue they should continue to claim depreciation of buildings that were increasing in value while not paying tax on that increase, Tax Working Group member John Shewan says.