Interesting article http://www.scoop.co.nz/stories/BU1004/S00015.htm. Interesting that New Zealand has an over supply of property, yet the Australian market seems to be making a good recovery. Yes agreed it is due to the resource and mining sector. This is a market that the Government in New Zealand needs to invest in. Everyone accepts that no one wants to spoil this beautiful country with mining, but at the same time the action is needed to fund future growth and infrastructure. Otherwise all the countries qualified Professionals and Trade qualified people will be working in Australia where the money is undoubtedly much better than earning a living in New Zealand. Sadly the reality is most Kiwi’s have not ever been to the areas where proposed mining is being considered. Let’s get with the program. What do you think? Would love to hear something needs to happen to grow this economy for the benefit of all now and in the future 
Tag: Scoop
The property market always makes good news for the media whether it’s good or bad. If you have been around as long as I have you will remember the days when interest rates were 18% plus and people were still buying and selling houses amazing really. Where is people’s faith. It is an extremely perfect time to purchase interest rates are good, the market is stable and peoples jobs are secure. We are through the worst. Let’s get on with business but for your interest please check out. http://www.scoop.co.nz/stories/BU0911/S00037.htm
I must say our Company has seen a significant improvement in the property market in New Zealand. Comments made are correct there appears to be more confident from both Vendors, Purchasers and Investor. Is this a short lived wave who knows? We are told we are only just out of the recession and things are improving. It is great to see confidence back. Numbers are down on Kiwi’s leaving home, and more arrivals staying. The increase in property values is only slight compared on the boom and bust. http://www.scoop.co.nz/stories/BU0910/S00012.htm
It is with great interest to read the attached article http://www.scoop.co.nz/stories/BU0908/S00706.htm?FORM=ZZNR I have to agree that it is always best to engage the Professionals who know what they are doing in their market place.
