All Homesellers required to provide IRD number
Currently, the IRD number of the seller is not required if the property is the seller’s main home. However, Stuart Nash announced that all homesellers including […]
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A reader asked whether non-load bearing walls, plumbing fixtures and fittings of their residential rental could be depreciated? Here’s our response
In a nutshell, the answer to the question, can you depreciate non-load bearing walls, plumbing fixtures, and fittings is “No”. At a high level, if […]
OCR on hold at 1.75% and may fall in the next meeting
The Official Cash Rate (OCR) remains at 1.75 percent. Given the weaker global economic outlook and reduced momentum in domestic spending, the more likely direction […]
Oh no. NZD falls against the USD. The last time this happened…
Oh no. NZD falls against the USD. The last time this happened was in 2008 and 2015. Back in August-September 2008, the NZD also […]
You can now pay your fixed water charges annually with Watercare
Are you a landlord or property manager in Auckland and want to simplify the process of calculating the tenant’s share of water charges? Well instead of splitting the […]
What does it really cost to reclad a leaky home?
Recently stumbled upon an article about leaky townhouse block on North Shore. How much would it cost to reclad their house? Experts estimate it could […]
Money is never the real problem. It’s usually something else
Money is never the problem. If you dig deeper, it’s usually something else. As incomes keep failing to keep up with the rise and rise […]
All eyes on the Fed this month
There is a famous saying in economics that goes “In economics, things take longer to happen than you think they will, and then they happen […]
Will Auckland house prices rise or fall in 2016?
“Auckland residential house prices in February have retreated from the record prices” Barfoot and Thompson, February 2016 Perhaps this means Auckland house prices are going […]
NZ Property Guide: All you need to know about property
Property knowledge series: New Tenancy Law Changes The Housing Minister has proposed changes to the Residential Tenancies Act 1986 which sets out how often rent […]