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Even before Winston Peters made his announcement that he would form a coalition government with Labour, we were seeing some disturbing trends in the banking sector. You need to be aware of these if you are looking to buy a home or investment property. There..
Read ArticleFrom my personal experience over the years, I have learnt that the best time to buy properties is towards the end of November, December and January. Towards the end of November most vendors are looking at offloading their stock to avoid holding costs, as the..
Read ArticleIt 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..
Read ArticleThe tax changes recently announced by the Labour Government have left many property investors feeling unsettled. So I thought it would be helpful to discuss the current property market, the impact of the rules, and what you should be doing to manage this new environment. The..
Read ArticleLife has a great way of teaching us lessons and one big lesson I've learned is this - if you get the right people on the bus, sitting in the right seats, life just flows a whole lot easier. So, what's this lesson got to..
Read ArticleEver have a property settlement about to go through and at the last minute your professional trustee has held up the game by asking pesky questions like “Why are you buying this?” or “Is this the right entity to be buying it in?” What about..
Read ArticleIf you keep an eye on the media, you will have noticed over the Christmas break and into January a plethora of articles referring to the CCCFA. The Credit Contracts and Consumer Finance Act was initially brought in back in 2005, but all the recent..
Read ArticleAs you are probably already aware, trusts now have more reporting requirements with the IRD. However, in some circumstances, trusts, especially family trusts, may have been made non-active with the IRD, which means there is no income to report (and no tax to pay). Although a..
Read ArticleForeign exchange (FX) is an area where we have seen clients unnecessarily losing money. And we’re not talking small amounts, either; something that became abundantly clear to us after talking with foreign exchange expert, Phillip Lindberg. Foreign exchange (converting NZ dollars into another currency, or..
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