Category: Blog

When attaining development finance, a key but often underestimated consideration for developers is accounting for Development Contributions (DCs). These costs are confirmed by a local council after lodging for Resource Consent. Getting a handle on what these costs will be prior to lodging for resource consent is key to understanding the profitability of your property project. Furthermore, for land bankers, understanding future DC […]

Property finance in New Zealand has been a difficult market for the past few months owing to the current market conditions. However, there are now signs of renewed life in the New Zealand property market, with Auckland house prices rebounding quite strongly in the last quarter and average values now back above $1 million, according […]

By the end of 2019 the NZ property market was showing signs of improvement – one needed only to have attended a pre-Christmas auction to notice the stark contrast in mood as previously indifferent buyers appeared now excited and confident to freely ‘bid away’. The turn in sentiment can be traced back to April 2019 […]

The New Zealand Reserve Bank’s long-signaled move to increase capital reserve ratios has in the end proven slightly less severe than some banking sector experts predicted. But it remains unclear what impact the move will have on interest rates. Ultimately the banks will have to raise around $20 billion to reach the new safety requirements, […]