New builds will be exempt from the Government’s tax deductibility rules for 20 years, irrespective of who the owner/s are over that period.

Despite Covid, snap lockdowns and border closures, CoreLogic’s quarterly Mapping the Market report shows all major centres had rampant house price increases. Some suburbs increased in value by more than $500,000 in the 12 months to the end of August 2021.

Harbour Asset Management is on the hunt and has hit the target buying a global fixed interest fund.

Kiwi digital mental health company Clearhead has released more resources to provide better support for Māori, in partnership with nib foundation.

House price inflation is expected to fall back to single-digit levels next year.

Developers and landlords who have been waiting with bated breath for clarification around the tax deductibility rules on mortgage interest should get some answers next week.

Westpac has a new New Zealand chief executive and it is not acting CEO Simon Power.

Online platform AMLHUB has integrated with RealMe to help businesses comply with New Zealand’s stringent anti-money laundering rules.

Median rent levels around the country have been examined in the latest Regional Property Insights report by independent economist Tony Alexander and First Mortgage Trust.

BNZ has introduced new pricing conditions for the broker channel and will no longer guarantee mortgage rate offers during their five day validity period. 

Asset manager Alvarium, which owns Pathfinder and financial planning firm Newton Ross is to be part of a new NASDAQ listed company.