Auckland has been displaced by the newly formed Central Otago Lakes region as the least affordable district to buy property in New Zealand, according to AMP’s latest home affordability report.

Tyndall Investment Management New Zealand Ltd managing director Anthony Quirk comments on the state of the markets.

Whangarei, Wellsford

Wellington

Wellington

Make up of advisory groups announced, MFS Dual Currency popular, Liontamer extends fund, Thoughts on adviser association get-togethers, New share scam. Your invitation Sign up to mortgage rate and deposit rate newsletters.

See the results of the investment survey prepared by Melville Jessup Weaver for September 2005. The objectives of the survey are to provide a review of each manager’s performance and details of the value added by each manager, both overall and within asset classes.

MFS says its dual currency offer is proving attractive to investors, just as a competitor is about to enter the market.

History suggests the latest increase in the Official Cash Rate by the Reserve Bank is unlikely to significantly affect rising house prices, according to the National Vice President of the Real Estate Institute of New Zealand (Inc), Mr Murray Cleland.