News

Tuesday, 11 January 2022

Property Brokers is thrilled to welcome David Faulkner back into the Property Brokers family as the General Manager of Property Management.

Monday, 26 July 2021

In November 2020, professional agencies managed 42% of the bonds lodged within the bond centre. Based on that statistic, it shows us that 58% of rental properties are still managed privately by landlords in New Zealand. Although it is not a legal requirement to lodge a bond, this statistic provides excellent insight into the industry's current state.

Wednesday, 02 June 2021

In 1947, the New Zealand Government released legislation that focused explicitly on the quality of rental properties and living standards. Until recently, most of the operators in the industry were not aware that this act even existed.

Thursday, 15 April 2021

As the industry becomes more specialised, are we seeing the end of the DIY landlord in New Zealand? Early in April, the government released new tax policies that specifically targeted the housing sector. The new laws are intended to slow down house prices growth rates across New Zealand in an effort to make it easier for first home buyers to get into the market.

Wednesday, 24 March 2021

The Government has confirmed that it will double the bright-line test, and the new rule will apply to property acquired on or after March 27th. Doubling the capital gains tax-esque bright-line test from five to ten years means that any gains on a residential property (that is not a family home) will be taxed if the property is sold within ten years of purchase.