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With interest rates showing signs of decline, investor interest in the property market may be on the rise. As lending rates fall, the cost of owning a home often becomes more competitive with renting, a trend that could drive a shift in New Zealand’s housing..

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Recessionary Times

by Matthew Gilligan 29 Feb 24

Tax 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,..

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Impact of Debt-to-Income Restrictions

by Matthew Gilligan 26 Jan 24

This 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..

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Gilligan Rowe and Associates is a chartered accounting firm specialising in property, asset planning, legal structures, taxation and compliance.

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