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Over the last few years it has become harder for property investors and developers to obtain the funding they need. In spite of low interest rates, some good opportunities in the property market and a high demand for new housing (especially in Auckland), it has..
Read ArticleIn a welcome development for taxpayers, the Minister of Revenue, Peter Dunne, has recommended to the Finance and Expenditure Select Committee considering the new associated persons rules (for dealers in land, developers, and builders) that the implementation date of these rules be delayed. To recap,..
Read ArticleThe much talked about new Association Rules are back before Parliament and unfortunately for those in the business of dealing in or developing property or erecting buildings, the Bill has not been substantially changed. The new expanded definition of association has largely survived the Select..
Read ArticleTrusts hail from medieval times and one can be forgiven for thinking current trust law has been on our statute books since that time too. A combination of legislation, common law judgements and equity maxims result in the law being antiquated and complex. This frequently..
Read ArticleFor most clients, 1 April signals the start of the new year for business and tax purposes, and the month of March brings opportunities to minimise tax and maximise cash surpluses for the coming year. In order to implement any opportunities, first a business must..
Read ArticleWith the recent earthquake in Christchurch a lot of our clients have had their properties affected and it is still is a big issue for Christchurch property owners. If you live in Christchurch or have property in the area please let us know if there..
Read ArticleOn October the 23rd we're holding a seminar called 'Property and Trust Event' at Ellerslie Event Centre. This is your chance to catch up on the latest development of the Auckland Unitary Plan, the Auckland property market as well as information on trusts. It's becoming..
Read ArticleHouse prices have been increasing in Auckland, and this is a hot topic in the media. It's little wonder prices keep going up when we have prime time TV and the front pages of newspapers pounding us with a message that Auckland has a supply..
Read ArticleIt's interesting to receive feedback from the real estate agents and property industry people that we spend time with in the Auckland market. There is a lot of talk about Auckland heading towards a huge correction in property values. One of the things I wrote..
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