OCR remains at 1.75%

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 of our next OCR move is down.
27-03-2019 more >>

John Chow - The Self made Entrepreneur

John is an entrepreneur and visionary, with an eye for strategic planning. His self-admitted hunger for success and will to win, has resulted in building a successful property and business portfolio from humble beginnings running a Chinese takeaway. Johns transition from small business owner to becoming a corporate entity and rich lister has taken effort, a clear understanding of where he wants to go and the fearlessness to predict and react to market changes before they happen. John formed the Chow Group with his brother Michael in 1999 which today includes interests in home group builder, commercial property, hotels and lodgings, investment, health and fitness, serviced offices, entertainment, food and beverage. Day to day, John takes the lead on Stonewood Group.
11-03-2019 more >>

Tenant advocate news

Unfortunately I am having to write this just before the Tax Working Group recommendations are released, which is a shame. Fortunately (or perhaps unfortunately) there are many topics affecting our industry which I can write about.
09-03-2019 more >>

Costs increasing faster than rental prices

The latest Consumer Institute cost of living survey shows that general costs in providing rental property have increased faster than rental prices. In addition, wage increases were 66% higher than rental price increases.
04-03-2019 more >>

Capital gains tax reviewed by Tony Alexander, BNZ

In his weekly review on February 28, Tony Alexander summarised the possible effects of the proposed capital gains tax
01-03-2019 more >>

Prospects for build to rent in NZ

A new report has been released by CBRE
01-03-2019 more >>