Under the proposal, councils could issue a notice to owners of commercial spaces left empty in CBDs for more than a year, giving them eight weeks to find a tenant.
Business
2:55pm
0:30
Interest rates have risen from their lows of the end of last year and early this year.
New Zealand
Thu, Sep 10
One of Auckland's biggest shopping centres has hit the market, with real estate agents tipping it to fetch near half a billion dollars.
Mon, Sep 7
A probe into potential breaches of short-term visitor accommodation rules had ballooned from an earlier list of 200 homes.
Fri, Sep 4
Residents in Ōhoka, 25km north of central Christchurch, are concerned about flooding, wastewater and traffic.
Thu, Sep 3
All five of New Zealand's major banks lifted their variable rates by 25 basis points – in step with the OCR.
ASB's latest housing confidence survey comes ahead of the Reserve Bank reviewing the Official Cash Rate on Wednesday.
Tue, Sep 1
Australian media have reported on the struggles of some salespeople, who have posted on social media about the downturn.
Sun, Aug 30
More than 40% of people who were told their homes met Healthy Homes standards still experienced issues with mould, dampness, or drafts.
Wed, Aug 26
It was expected to cost about $3.2 million to $3.5 million, with the committee seeking capital funding from the Government to cover much of the cost.
Fri, Aug 21
The brand-new units were bought for almost $22 million more than 18 months ago.
Thu, Aug 20
Housing affordability across the country has returned to average levels, with the past four to five years bringing marked relief for first-home buyers.
Wed, Aug 19
Being in negative equity may not be as much of a problem as some recent headlines might have you believe, one expert says.
Life
Tue, Aug 18
Total unpaid rates were $1.075 million in Masterton alone.
Politics
Mon, Aug 17
A committee voted unanimously to chip seal the road despite residents' objections.
Fri, Aug 14
The Kāinga Ora Arlington development will build 104 social homes – about a third of the original plan for 301 homes.
Thu, Aug 13
A family that spent $110,000 on a premium solar power system fears the sale of a $9 million Kāinga Ora residential property opposite them could cast a literal shadow over their investment.
Tue, Aug 11
Effective from today, Kiwibank made changes to its 6-month, one-year, two-year, and three-year special and standard rates, as well as some term deposits.
Mon, Aug 10
The bank joins the country's largest bank, ANZ, along with Westpac and BNZ, in raising home loan and term deposit rates.
Thu, Aug 6
The council says 200 listings are under investigation and 64 non-compliant properties have been identified.
Wed, Aug 5
BNZ has raised its fixed home loan rates by up to 0.20%, becoming the latest lender to blame a surge in wholesale funding costs.
The Green Building Council demonstrated a low-cost air sealing method in a 145-year-old Dunedin flat, as it calls for NZ to catch up with countries like the UK on airtightness standards.
Tue, Aug 4
Residents in the Auckland suburb are concerned a planned housing development will block picturesque views and overshadow heritage buildings.
Sun, Aug 2
As he launches new home-grown show, Coastal Wonders, tomorrow night, we subject Tom Webster to a 1News Grill.
Sat, Aug 1
Westpac NZ said the changes would take effect tomorrow, with its one-year advertised special rate rising 0.20% to 4.99% per annum.
Mon, Jul 27
