Aucklanders are paying a high price for the high life, according to a study that shows they owe 40 per cent of the nation's personal debt.

ING Property Trust today posted an $11.08 million profit for the September half year, up from $1.8 million for the same period last year.

Blue Chip NZ Ltd’s first dividend as a listed company will be a fully imputed net 1.8c/share cash for the June half, payable 20 December.

The government-owned Kiwibank has chosen not to participate in the pricing war in the home loans market which has seen the major banks slash their profit margins to the bone.

The Auckland City Council is likely to stop its policy of tagging the reports it issues on potentially contaminated properties.

Witnesses are lining up to give evidence against Palmerston North City Council in an attempt to help Coromandel Court home owners Barry and Sheryl McKay get their money back.

Owners of some million-dollar mansions on Oakura's Messenger Tce have built on land which they do not have legal title to.

The cost of the Timaru District Council building revamp has risen to $8 million, which has taken at least one councillor by surprise.

The owner of the Tower Building wants the Timaru District Council to look at some exact figures in relation to a renting alternative to revamping its headquarters.

At least one landowner on a flood stricken portion of Henderson Valley Rd is refusing to sell to the Waitakere City Council.

Auckland's rental market has turned in tenants' favour, with some landlords offering enticements to keep their property rented out.

Kiwi Income Property Trust today announced a 5.1% lift in its half year profit and said it expected an increased full year result.

How much student debt is inevitable? Rob Stock researches ways for parents to build a fund that will meet at least some of the costs of their children's tertiary education.

Listed property company Urbus Properties is offering a city fringe office block for sale and is seeking to lease a large warehouse in the North Harbour industrial estate.

Kiwi Income Property Trust today completed a lightning raid to snare 19.9% of Capital Properties at $1.15 a share.

Rising house price figures are less rosy than they first appear, say economists.