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The flaws of introducing DTI

by The Professional Trustee Team 24 Aug 17

We've lived for a while now with the quiet rumblings of the Reserve Bank of New Zealand (RBNZ)wishing to introduce a new macro prudential policy of debt-to-income ratio (DTI) on the premise this is needed to ensure stability in our financial system.  Lately those rumblings..

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Property Investors Not Productive?

by The Professional Trustee Team 26 Jun 17

When it comes to building wealth, do you put your hard-earned coins into property, shares, bonds or something else that is going to grow your wealth?  The decision we make, whilst ultimately a personal one, is influenced greatly by historic events that have affected our..

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Professional Trustee Preventing Costly Mistakes

by The Professional Trustee Team 28 Mar 17

Recently I’ve seen several interesting client problems which would undoubtedly have resulted in lots of money being lost and lots of legal fees being incurred if these clients hadn’t had GRA’s Professional Trustee on board. Having now experienced three property cycles in my adult lifetime, I..

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Is your KiwiSaver safe?

by The Professional Trustee Team 11 Dec 16

Many New Zealanders still retain memories of Black Tuesday – the day the share market collapsed in 1987. The crash began in Hong Kong, spread to Europe, moved into the United States and then headed Australia and New Zealand's way.  By the end of Tuesday..

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Ground-breaking trust case - are your trust assets safe?

by The Professional Trustee Team 19 Sep 16

A labyrinth case, involving legal proceedings spanning a decade, has finally made its way through four courts. The ultimate judgement delivered by the Supreme Court is probably one of the most ground breaking decisions in respect of trusts and relationship property that this country has..

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When 'mine' becomes 'ours' - keeping assets separate

by The Professional Trustee Team 14 Sep 16

It is a common misconception that you have to live with someone for three years or more, and they have to make a direct contribution to the assets acquired during the relationship, before they're entitled to bring a relationship property claim. Possibly this mistaken belief..

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LVR consequences

by The Professional Trustee Team 04 Aug 16

Many changes are occurring in our financial and real estate landscape. LOAN TO VALUE RATIOS (LVRs) As per my last blog on the proposed LVR rules, the LVR applicable across the whole of New Zealand for investors of residential property has now been set at..

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Proposed new LVR rules for investors

by The Professional Trustee Team 19 Jul 16

From 1 September 2016 we are likely to see higher LVR rules being applied to investors who are borrowing to purchase residential investment property as per the Reserve Bank announcement today.   Under the proposed new LVR restrictions, investors across New Zealand will be required to..

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What does Brexit mean for New Zealand?

by The Professional Trustee Team 27 Jun 16

Those who were watching the polls know Britain's decision to uncouple from the EU was a close thing. Prior to the counting of the votes, many thought Bemain would win the day. That, however, was not the case and now the uncoupling is becoming a reality.  ..

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