Changes ahead
Companies Act reforms are planned for 2025, with Commerce and Consumer Affairs Minister Andrew Bayly leading the charge. His plans include scrapping the requirement for company directors’ home addresses to be public on the Companies Register, allowing instead for another service address online, such as for their business or lawyer. The aim is to better […]
Interest rates and banks: Mylend
Wow, we have finally started to see some genuine competition and traction with the banks and their interest rates. It’s felt like we have had a long journey with high interest rates post Covid-19, but in fact, it’s similar traction to what we all faced with our home lending 12 years ago, and when those […]
Exclusive pre-market house preview: Champagne Homes/Braziers
A new property that ticks all the boxes doesn’t come on the market that often, which is why 6 Clifford Ave in Merivale, Christchurch, is a must-view. On a well-defined, street-facing 500m2 section, this modern Keith Ussher-designed home offers the best of location, lifestyle, and living space in one premium package. Located on a sought-after […]
Expert service with a smile: Rentwise Property Management
Repeat clients is a sure sign of success in the rental business, particularly with the industry’s numerous unwanted twists and turns for owners and tenants alike. REINZ accredited, Shona Saunders has been working in the rental field for more than 10 years, through her company Rent Wise Property Management. “We [Shona and husband Michael Brookland] […]
Rent vs Buy? Columnn: NZ Mortgages
Rent Vs. Buy? What is the best option in the Christchurch housing market in 2024 The age-old question of whether to rent or buy a property is particularly relevant in today’s real estate landscape. In recent years, rents have seen a consistent upward trend. In main centres like Christchurch, Wellington, and Auckland, the average rent […]
Winning the recovery: Murray Dempsey, EBI
Signs are that the economy is on a slow path to recovery. Just as spring always follows winter, it will recover. The key question smart businesses are asking now is not only how to survive today, but how to position themselves to get ahead when those good times arrive. Past recessions have shown that not […]
Big property market changes are here: Nathan Miglani, NZ Mortgages
July certainly started with a bang. We saw the Bright-line changes come into play, DTIs introduced and LVR restrictions loosened at all the banks. These opportunities are making the market more accessible for both first home buyers and property investors. If you are looking at purchasing your first home, now is certainly the time. As […]
Revenue leakage costly
Fleet operators are losing thousands in revenue due to unauthorised discounts, according to data science firm FOYI. According to the company’s analysis, fleet organisations routinely fail to account for all costs when invoicing and provide excessive discounts, leading to significant revenue leakage. “Revenue leakage from poor pricing is rampant for fleet operators but often goes […]
Construction cash flow headaches: White Fox & Jones
Is your construction business using the Payment Claim regime to your advantage? Disputes over invoicing disrupt business cashflow and have the potential to derail building projects. The Construction Contracts Act 2002 Payment Claim regime is designed to streamline payments and reduce disputes by use of a “pay now, argue later” system. In essence, Payment Claims […]
Inflation falls
Statistics New Zealand has reported a drop to 3.3% in annual inflation, almost halved when compared with June 2023 (6%). This fall in inflation is welcome, but it is being driven by international factors rather than domestic actions. There are also costs for working people that continue to increase rapidly,” said NZCTU Economist Craig Renney. […]
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