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Andrew King vice-president of the NZ Property Investors Federation told TV One’s Q+A programme, "if you are in a position or want to buy more rental property, that makes it hard."
The Minister for Primary Industries, Hon Nathan Guy, officially opened LIC’s new herd testing facility in Hamilton this morning.
Not proceeding with the full expansion plans for the Ports of Auckland jeopardises the fast-growing cruise sector, and will cost Auckland and New Zealand’s economy millions of dollars, Cruise New Zealand says.
Rachel Hopkins is to sit on the AWF Madison Group board under the Future Directors scheme, an initiative aimed at deepening the talent pool of directors.
FIRST Union is congratulating Unite Union on their win against zero hour contracts at McDonalds, says FIRST Union General Secretary Robert Reid.
"We are standing in solidarity with Unite Union on May Day".
The latest monthly QV Residential Price Movement Index shows that nationwide residential property values for April have increased 8.3% over the past year and 2.6% over the past three months. This means they are now 22.4% above the previous market peak of late 2007.
By Ric Spooner (Chief Market Analyst, CMC Markets)
A relatively stead open looks likely this morning as stock market investors ponder the implications of a raft of conflicting news.
The Banking and Financial Services industry is providing healthy returns to Kiwi jobseekers with employment opportunities in the sector up 52% in the year to March 2015, according to SEEK’s latest Employment Market Report.
The Reserve Bank has completed the licensing of Non-bank Deposit Takers (NBDTs), with licences issued to 31 entities.
The New Zealand property market in April continued the trend of the last four consecutive months with yet another increase in average asking price, creating a new record of $521,729, an increase of 1.4% on the previous month.
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