BT resolves non-compliance issue, Fewer foreigners own NZ shares, Proposed tax changes will make people poorer, St Laurence buys value-add opportunity, Calan graduates.

Quotable Value’s latest statistics show the residential property market has shown little signs of slowing, with residential properties increasing in value by 14.2% for the year ended June, up from 13.5% annual growth to May.

The Securities Commission is warning that property developers and their advisers need to consider securities law issues when planning developments.

Diversified Investment Strategies' Norman Stacey has written a paper evaluating the proposed tax changes to managed funds. The paper is so good we are reproducing it here. Also the paper clearly outlines how the changes will work against investors.

Returns from investing in New Zealand commercial property continue to improve, with almost all sectors showing a significant increase in total returns compared to March 2004 according to Property Council National Director Connal Townsend.

Infometrics managing director Andrew Gawith says although the economy is slowing property is likely to keep its gains.

Broadlands Finance has called for “a more balanced view” of finance companies following criticisms of the sector.

Rotorua

Tyndall Investment Management New Zealand Ltd managing director Anthony Quirk provides a mid year report on the state of the markets.

Whatever new rules governing financial advice are adopted, they should cover mortgage brokers advising on mortgages to purchase owner-occupied houses as well as investment properties, says New Zealand Mortgage Brokers Association chief executive Megan Salt.

**DO not use - done through Dreamweaver*** (Feb 08) Email thru to Maddy or Vicky

Weekly Home Loan report: The past week has been relatively quiet on the home loan front and it appears much of the attention is shifting to what the Reserve Bank will do it at its next official cash rate review on July 28.

Wellington

Rotorua

The Retirement Commission has stepped into the debate of what the financial services industry should look like by commissioning a paper that produces some strong conclusions on disclosure and education.