Blog

Property switchers

Politicians have been giving residential landlords a hard time. It’s no surprise that some are switching to more benign investments, like commercial property. The April issue of New Zealand Property Investor magazine interviewed three... Read more

Ring-fencing

  Inland Revenue has released an “issues paper” on ring-fencing losses. Revenue Minister Stuart Nash says the policy is an effort to “level the playing field” between speculators and investors. Feedback is being... Read more

Client of the month: Seka Electrical

Seka Electrical began in Aug 2015 as a electrical services company based in sunny Nelson. We have quickly proven and established ourselves in the Industrial industry in New Zealand, making strong partnerships and completing projects nationwide. We... Read more

Well-beings and oil wells

It’s been a big week in politics. Last week saw the first reading in Parliament of the Local Government (Community Well-being) Amendment Bill. The purpose of the Bill is to reverse changes made to the Local Government Act in 2012 by the then... Read more

Bright line test and discrimination

Last week the Revenue Minister Stuart Nash made good on Labour’s promise to extend the current two-year bright line rule to five years. The change will come into effect once the Tax Bill before Parliament is given the Royal Assent, which is... Read more

Warning signs and social housing

Interest rates Last week the Reserve Bank left the official cash rate (OCR) unchanged at 1.75 per cent. That was not a surprise, but as is often the case, the commentary was a useful pointer of things to come. Acting Governor Grant Spencer said he... Read more

Tenancy changes ahead

By the end of the year, the new coalition government is likely to have introduced a number of changes to the Residential Tenancies Act intended to “fix” the rental market. The Minister of Housing said he wanted to introduce laws that... Read more

Holiday homes

A recent news report from Stuff had some interesting facts and figures about bachs and coastal property. In the Far North, Homes.co.nz estimates the median value of for all properties in the region to be about $370,000 . But within 100 metres of the... Read more

Congratulations: Abel Tasman Canyons

John and the team at Smart Business Centre Motueka would like to congratulate Abel Tasman Canyons for winning the Nelson Pine Industries Supreme Business award from the Nelson Tasman Chamber of Commerce. For full article click Able Tasman Canyons... Read more

Mini-budget delivers on promises

The new governments’ mini-budget presented to Parliament on 14 December delivered on Labour’s promise to reverse the legislated tax cuts that were to come into effect on 1 April next year, and instead direct that money into welfare. The... Read more