Mayors in some regional towns in the North Island are warning a jump of up to 30 percent in the year to February signals unaffordability for first home buyers.
House prices are rising strongly in the regions, Dunedin values gained most of all the main centres and Auckland fell back, according to the latest QV figures.
New Zealand is adding agreements with 30 countries and jurisdictions to combat tax evasion, bringing the number of countries that share such information to 90.
In today’s business news – A no deal Brexit will have small impact on New Zealand’s economy according to the Treasury department and accommodation numbers soar in 2018.
In today’s business news – PGG Wrightson cleared to sell seed and grain business and the 10-person committee for the NZ capital markets review has been announced.