The housing market is close to – or at – a turning point, CoreLogic’s update for the second quarter of this year shows.

Auckland’s average weekly rent ticked over the $600 mark in April and finished the second quarter with a June average of $605, the latest Barfoot & Thompson data shows.

Wellington house prices sky-rocketed in June by 24% and a whopping $166,300 in just 12 months. Other regions still looking buoyant.

New Zealand needs a stewardship code that would require institutional investors to be transparent about their investment processes, engage with investee companies and vote at shareholders’ meetings.

Australian-owned small to medium business lenders Prospa have seen 72% growth in its New Zealand market after releasing its ASX fourth-quarter financial results.

While there are unprecedented challenges across many sectors, the valuation industry has adapted traditional operating models and adopted new ideas.

Despite some challenges and barriers, the pipeline of build-to-rent (BTR) development is growing significantly in New Zealand and will eventually occur right throughout the country, CBRE’s latest research shows.

Accountancy trade bodies have hit out at the Government's plans to restrict the deductibility of mortgage interest for investors, claiming the reforms will lead to unintended consequences and unnecessary complexity.

The Council of Financial Regulators (CoFR) – Kaunihera Kaiwhakarite Ahumoni – has created a new website.

Insurance customers in the Canterbury region lodged 3,538 claims costing over $43.8 million in losses following the May 29 - June 1 floods according to provisional figures released by the Insurance Council of New Zealand (ICNZ).

Clients have raised concerns with advisers about the rising interest rate environment, with home loan rates expected to increase further over the rest of the year.