GRA Blogs - Search results
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,..
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 ArticleThe Reserve Bank (RBNZ) surprised at their recent Official Cash Rate review on the 29th of November with their adoption of a relatively hawkish tone and the suggestion that we may not have seen the end to cash rate increases. They increased their own projection for..
Read ArticleOne of the most popular subjects we talk and write about has to be money. How to make it is definitely a topic that would come up at most social gatherings. I guess this is appropriate seeing money is the currency we all use to live..
Read ArticleThe general consensus of opinion is interest rates are on the way down but the big questions still remain: when will the cuts come and how low will the rates go? BACKGROUND On 10 September 2015 the Reserve Bank of New Zealand (RBNZ) cut the..
Read ArticleWhat an interesting time we've been having in the land of money. Seems all the points in my last blog about LVRs (August 2013) are coming true. The Reserve Bank has used its new toy with all the effect I predicted occurring. Two of..
Read ArticleAt last some good news out of Inland Revenue. Fringe Benefit Tax (FBT) The FBT rate for low-interest loans will fall from 8.05% to 6.41% from 1 July 2009. This has come about due to the continuing effort to try and align the rate with the..
Read ArticleSince announcing in May that the LAQC regime was going to be the subject of an overhaul, the property investment community has been anxiously awaiting the Government's follow-up to the Issues Paper released at the time. On Friday 15 October 2010 draft legislation was released. ..
Read ArticleThe headlines read "House prices out of control", "House prices can't keep going up", "House prices are going to fall". But are the headlines right? How far can house prices continue to climb? Demand outweighed supply. Housing shortage pre Global Financial Crises (GFC) existed...
Read Article