Latest from Investment

Banks takes apartment sale into own hands
John Banks got just under $5m for his luxurious Auckland apartment.

Auckland house price rises lag behind NZ
REINZ data for May showed Auckland growth well behind NZ figures.

Auckland apartments hit new record
People looking for cheap places might be disappointed as apartment sales hit new high.

Commercial property stocks better bet than houses
Commercial property stocks a better bet than Auckland houses, broker says.

Investore's debut profit beats forecast
Net profit was $28.5 million, from $11.5 million forecast in its prospectus.

McLaren garage to become apartments
The former garage where Bruce McLaren spent his early years will become six apartments.

Sydneysiders cashing in on the GC
It started with an agonising real estate mistake and ended in paradise.

Off-grid log home cuts power bills
An off-the-grid South Island 'log cabin' has low energy bills.

Units sold in tallest tower block
Pre-sales of yet-to-be-built Pacific units at $100m-plus.

Crown land for house-build to cost $100m
The government set aside $100 million to free up unused Crown land in today's budget.

Review into building consents extended
Tauranga council asks for more time for a review into its handling of building consents.

Interactive: Draw your own Budget
Draw the charts inside to see how much you know about New Zealand's Budget.

Land grab frenzy stuns developers
Residential sections sell by the minute as housing shortage bites in Hawke's Bay.

New Waiheke Island marina approved
Resource consent has just been granted for the controversial 186-berth marina.

Ngati Whatua wants to buy Auckland port
The iwi, which already owns waterfront land, says they're the port's natural owner.

How to sell a house in Auckland
Listing volumes have ballooned 42 per cent in the last year.

Ryman branches out into Geelong
Ryman has bought a 3.2 hectare site in Geelong, Victoria's second-biggest city.

Landlords threatening to push up rents
Rents would rise in reaction to Labour's investment tax policy, an investor warns.

Battle over Ryman village resolved
The village will go ahead, after five weeks of mediation in the Environment Court.

Auckland house prices flattening out
Auckland house prices only rose $24,500, a mere 3 per cent, in the past year.

House asking prices up 10.2pc in last year
While Christchurch prices saw a dip, Wellington outstripped the rest of the country.

Auckland's future? From 3 homes to 53
An apartment proposal shows how Auckland streetscapes are changing.

Report: Renters better off than buyers
The plight of first-home buyers in Auckland has worsened, new government figures show.