With high inflation just around the corner, ANZ Bank, the country’s biggest mortgage lender, says mortgaged property investors would be wise to fix at least some of their borrowings at longer-term rates.

A landlord who “crossed the line” has been ordered to pay $3,296 in compensation and exemplary damages to her tenant.

Vero insurance has urged its rural customers affected by flooding in the Canterbury region to make use of the mental health benefit available on their rural insurance policies.

The slight fall in mortgage lending activity in recent months has not yet translated to a meaningful improvement in turnaround times, according to advisers.

Queenstown and Wānaka property hasn’t suffered as badly as other sectors in these tourist towns, writes Sally Lindsay.

Boarding house landlords have been reminded by the Tenancy Tribunal they have to meet the next lot of Healthy Homes standards by July 1.

The Government has released a discussion document on what type of properties qualify as a new build and will be exempt from the bright-line extension to 10 years and the four-year phased removal of investors’ ability to reduce their tax bills by deducting mortgage interest payments against their rental income.

The AIA NZ team let their feet do the talking on Wednesday as they ran to raise funds for the people of India devastated by Covid-19 as part of the global Relief Run initiative.

Professional indemnity insurance costs are set to rise for those using the Financial Advice New Zealand liability programme over the next 12 months.

While the number of residential building consents issued continues to break records there are not enough houses for sale and consequently new rentals coming to the market.