Covid 19 coronavirus: Almost 10pc of tenants stopped paying rent or left tenancies: landlords
Landlords say two in every 100 tenants have stopped paying rent and 6 per cent have simply left their properties. That's according to a survey of 621 rental property owners and managers by the NZ Property Investors' Federation.... More
Covid 19 coronavirus: SkyCity axes 200 jobs
SkyCity is slashing about 200 jobs in New Zealand with immediate effect, as it attempts to reduce costs.The casino giant has also stood down about 90 per cent of its Australian workforce at its Adelaide riverside property.The... More
Supreme Court upholds ruling on Hamilton realtor collusion
The Supreme Court has upheld a ruling that a group of Hamilton realtors colluded to pass on a hike in Trade Me's property listing fees.The Lodge and Monarch agencies and their respective directors Jeremy O'Rourke and Brian King... More
Covid 19 coronavirus: Property firm apologises for 'inartful' advice to avoid rent holidays
From RNZ A nationwide property management company has changed the wording of its advice to landlords wanting to offer rent holidays to tenants struggling during the Covid-19 shutdown.Property Brokers had been suggesting on its... More
Covid 19 coronavirus: House-building approval numbers hit new 45-year record
House building consenting has set a new 45-year record but what effect coronavirus will have on the multi-billion dollar sector remains unknown.StatsNZ data just out showed 37,882 new residential buildings were consented in the... More
Covid 19 coronavirus: North Shore family face double rent of $1620 p/w during lockdown
A young Auckland family are pleading for compassion after being told they must pay double rent during the emergency Covid-19 lockdown totalling more than $1600 a week.And their hardship is likely to be mirrored by countless Kiwi... More
Covid 19 coronavirus: Sir John Key on why 'it's harder to get out' than into a lockdown
Ex-Prime Minister Sir John Key has raised questions about how New Zealand leaves the coronavirus Level 4 Alert, saying it will be "challenging" for this country to exit that.Talking on Mike Hosking Breakfast on Newstalk ZB, Key... More
Covid 19 coronavirus: Property Brokers tell landlords not to offer rent holidays
KEY POINTS: • Another 76 cases of coronavirus confirmed in NZ today • It brings the total to 589 since pandemic began• Family of the only woman to die in NZ of Covid-19 say her death is a 'wake-up call' • Two... More
Covid 19 coronavirus: Over 5,000 house sales left in limbo
More than $200 million in daily residential property sales have been shelved until the end of April as buyers and sellers sit out the four-week covid-19 shutdown period.Latest estimates by the Real Estate Institute of New Zealand... More