Property investment market gains momentum: NZ Mortgages
Christchurch’s property market is seeing renewed interest from investors following recent changes to the bright-line test. As of 1 July, properties held for two years or more, instead of the previous five or 10 years, are now exempt from capital gains tax. This reduced timeframe incentivises investors to re-enter the market, with Christchurch’s […]
Housing market update
The average home in New Zealand is now worth $901,231, according to the latest Quotable Value (QV) House Price Index. The mid-November report shows property values have remained largely static in Christchurch and the wider Canterbury region this quarter, despite a modicum of growth in October. QV operations manager James Wilson says the […]
Kiwi innovators in sustainability
Several Christchurch visionaries and innovators have been rewarded for pushing the boundaries by featuring on a newly-established list as part of the Sustainable Business Awards 2024. The awards, in their 22nd year, have undergone a major transformation, moving from 10 categories to just two: Disruptive Innovation and Transformational Leadership. The Next 95 will […]
Navigating Christmas cashflow challenges: EBI
The Christmas period presents unique cashflow challenges for SMEs, even those with robust financial systems. 1. Poor planning Failing to forecast and prepare for seasonal cash flow pressures often results in financial shortfalls. Hoping for the best is not a strategy—start planning early. 2. Extended shutdowns Long breaks in sectors like trades, manufacturing, and government slow […]
Firing up the construction sector: Vanessa Weenink, MP for Banks Peninsula
The Government has announced reforms in the building and construction sector to make it quicker, easier, and cheaper for houses to be built in New Zealand. It takes an average of 569 days for a home to be built and consented, and the cost of building a house is 50% more expensive in […]
Invest in student housing: Angela Webb
What’s hot in the Christchurch investment market: Strong demand for student accommodation. With an ongoing surge in university enrolments, student accommodation around the University of Canterbury has become one of the most sought-after investment opportunities in Christchurch. As the demand for housing near campus skyrockets, both investors and parents are increasingly focused on […]
Kiwisaver group offers free, online programme
In its inaugural Annual Review, the foundation says its unique programme to build financial capability is helping numerous New Zealanders. Since 2009, Ngā Tāngata Microfinance (NTM) has been offering interest-free loans to New Zealanders who’ve hit a rough patch and don’t know where to turn. The Booster Foundation partnered with NTM in 2022, […]
Moving on up in your career: Zestpeople
Is career change on your New Year’s wish list? Remember, a “goal without a plan is just a wish”. When you see people who are passionate about their work and lives, seem to have found their perfect niche, talk about their life and work with such enthusiasm, do you ever wonder how you […]
Fuelling finances: Mylend
Race Week is traditionally a big week in Canterbury. Cup Day, Ladies day, Riccarton Races… it’s a week of sunshine (hopefully) socialising and being surrounded by people hoping to make a quick buck. Now I have been known to attend Cup Day on the Tuesday with the same lovely group of friends who […]
Cruisy economy
Figures from the New Zealand Institute of Economic Research (NZIER) on the economic and social impact of cruise tourism shows the 2023/2024 season generated $5.3 million for the local economy. Total cruise tourist expenditure was between $23 and $35 million. The NZIER report for ChristchurchNZ revealed a positive view of cruise tourism, with […]
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