A run-down Waikanae beachfront bach has sold for $445,000 – $120,000 more than it fetched a year ago.

The Government has today issued a discussion paper on proposed new tax rules aimed at improving New Zealand's reputation as an investment destination.

NZ among top 5 countries where people prefer to pay off debts with disposable income, out of home entertainment next

Press Release: Capital Properties

House prices are still rising, even though housing costs are now sucking in about a quarter of all household spending and total mortgage costs have ballooned to more than $6.3 billion a year.

The cost of a massive earthquake that shook the south on Tuesday last week is likely to top $1 million.

The novelty of having windmills on the skyline has worn off for one Ashhurst resident.

A second Coromandel Court homeowner is taking legal action against the Palmerston North City Council over the state of his sinking house.

The 100 wealthiest New Zealanders are being singled out in an Inland Revenue move that matches their tax returns to details in public records such as the rich list.

Auckland is bursting at the seams, and the brake designed to stop the city's urban sprawl appears to be failing.

Lending commitments in the non-conforming mortgage market in Australia grew 500%, from A$1.4 billion in 1999 to A$8.4 billion in 2003, researcher Datamonitor says.

Too many people, many of them women, miss out on better returns because they put long-term savings in bank term deposits, says investment commentator Mary Holm.

Auckland City Council last night voted to stop its policy of tagging Land Information Memorandum (Lim) reports on potentially contaminated soils.

Offices and shopping centres full to the brim with tenants helped Kiwi Income Property Trust report a 5 per cent boost in profit to $25.2 million for the six months to September 30, leading to expectations of an increased dividend for the year.

As if to prove property ain't dead yet, developers are about to turn the first sod on a $200 million-plus redevelopment of Waiwera's famous thermal pool complex as the nation's first international spa resort.

Kiwis are gearing up for Christmas in the sun, and one in five is planning to spend more than last year - much of it on credit cards.