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One 14 March 2024, the government released draft legislation coming good on its promise to reduce the bright-line period to two years and repeal the interest limitation rules. The highlights are as follows:Bright-lineA two-year bright-line period will apply to all property where sale occurs on..
Read ArticleTax and legal professionals generally see what’s going on in the property and business landscape before it makes headlines. Our clients—property investors and businesspeople—provide us with front-row seats to what’s unfolding in the market. And I must say at time of writing in February 2024,..
Read ArticleThis week the Reserve Bank of New Zealand (RBNZ) announced their proposal to introduce debt-to-income (DTI) restrictions (also known as debt serviceability restrictions or DSRs) on home lending. Being in practice as chartered accounts specialising in property, GRA are in a good position to read sentiment..
Read ArticleToday (20 December 2023) the coalition government announced that the bright-line test will be reduced to two years from 1 July 2024. This is what Nicola Willis had to say:"Today I am announcing our immediate decision to bring the brightline test for residential property back to..
Read ArticleIn November 2023, I was interviewed by Blandon Leung of MortgageHQ.We discussed my journey into property investment, common challenges faced by investors, my investment philosophies, and my predictions for the 2024 property market. You can watch the video below..
Read ArticleToday, New Zealand’s coalition government with National, Act and NZ First was finally announced. Some important decisions around tax and property investment have already been confirmed. Note that at time of writing we are still waiting on the detail around much of this, and we will..
Read ArticleProperty coach Steve Goodey, who is a friend and colleague of GRA, is holding a post-election property investment event in Auckland on Sunday 5 November that you might be interested in.I will be giving a tax update, and you’ll hear lots of inspiring case studies.Plus..
Read ArticleA number of clients have been asking us how the GRA directors are voting in the election, and we are happy to be upfront about this. Of course everyone has different perspectives and priorities, so we are in no way telling you what to do...
Read ArticleWebinar 5 in the Market Update series is an Election Special with David Seymour. Due to a mix-up in schedules, we have moved the GRA-Seymour night to Wednesday the 20th of September at 5.30pm. Apologies to all for the change of plans. 5.30pm is a bit..
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