As hopefully all investors know, bond prices move in the opposite direction of interest rates. When rates fall, older bonds with their higher payments are worth more than new bonds.

The new Australian owners of Christchurch's South City Centre shopping mall, have no immediate refurbishment plans, but have hinted at a makeover down the track.

Disco, bell-bottoms and the Eagles may not make a comeback, but lousy stock market returns might.

Q. I have had a small property in Christchurch for four years. I lived in this property for the first 18 months, then let it through a rental agency while I travelled overseas. I sold the property in January. What taxes will I be liable for on the profit I made on the sale? How do I work out these taxes?

A. No part of the profit made on the sale of a rental property in

James Chan has another landmark Auckland CBD building on his books and this one is typecast for him.

Urbus Properties signalled a new direction towards becoming a developer when it delivered a $34.3 million profit for the March year yesterday, almost double last year's result.

Colliers International has lost a case against a rival real estate agency over a commission on the $52 million sale of one of New Zealand's largest office parks.

Three people who bought into a proposed Albany terrace-style housing project are beginning to regret migrating here from South Africa.

A quantity surveying firm named as a defendant in a $9 million law suit over a leaky Auckland apartment complex has been released from the litigation.

The choices for investing in the New Zealand sharemarket have just got a little more complex.

Q. The following is the sort of thing that makes me glad most of our money is in property. Luckily, I lost all my money at the time in the '87 crash, so I learned a lot about share investors.

Mum and Dad, who took the plunge in January 2000 and bought shares in the WiNZ Fund (which invests in an index of international shares), were looking at a negative real return of about 55

Economists say another interest rate rise in June, and probably again in July, is almost certain after figures out today showed the unemployment rate fell to a 16-year low of 4.3 per cent.

Urbus Properties signalled a new direction towards becoming a developer when it delivered a $34.3 million profit for the March year yesterday, almost double last year's result.

Auckland real estate buyers might be getting cold feet, but not so in South Canterbury where house sales have reached record highs.

The heat is being turned up on the Auckland Regional Council to buy parks in North Shore before the land is lost to housing.

The number of people expecting house prices to rise over the next 12 months dropped significantly during the last quarter, although the number thinking this is a bad time to buy a house held steady at a net 18%.