Month: March 2018

Bright Line Test extended from two years to five

The bill which will see the bright line test extended by three years has passed its third reading and will become law. On Tuesday night, the Taxation (Annual Rates for 2017-18, Employment and Investment Income and Remedial Matters) Bill was passed 63 to 57. Labour, New Zealand First and the Greens all voted in favour, […]

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House prices rise 6.9% across New Zealand

14 March 2018 House prices rise 6.9% across New Zealand according to latest REINZ figures The median house price for New Zealand rose 6.9% in February to $530,000 up from $496,000 in February 2017 according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate […]

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