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Banking and finance news

Property Insider: $7 billion Asia-Pacific fund hunts in NZ
Data centres, warehouses, offices, properties under mortgagee sale: asset classes named.

Charity tax crackdown: Who’s affected and is it a good idea?
The Government is reviewing tax exemptions for charities and non-profits.

Steven Joyce: How the Reserve Bank can get back on track
The next governor should focus on traditional central banking roles.

‘All offers considered’: Vacant $74m Takapuna plot up for grabs after liquidation
Company in receivership and liquidation owes a Smale family entity $76.2m: report

Opinion: Why Labour’s banking claims ring hollow
Credit unions felt ignored by Labour during financial reforms.

Four months, still no buyers: PwC trying to sell Du Val properties
Bare land ready for unit development and a multi-level apartment block are still for sale.

Bank switching among mortgage holders hits record high
Floating or going short term makes it easier for borrowers to change bank.

Property Insider: Questions about ‘defective’ apartments
How can it be that 19-year-old apartments need $36.6m repairs or $82m rebuilding costs?