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Benn Bathgate
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Rent rise hopes boosted by consents figures

Wednesday 9th of March 2011

The SNZ figures revealed the value of residential building consents in January 2011 fell 19% from the year earlier.

"Our long held view has been that slowly this shortage will manifest itself as rising rents then rising awareness of the shortage," said BNZ economist Tony Alexander.

SNZ also reported that in the December quarter there was a 7.1% fall in residential work.

There was a small rise in non-residential consents, up 2.3%, but the value of consents for all buildings fell 11% to $537 million.

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Advisers embrace Westpac after trail commissions removed
@The Laird - No, not really. The headline of this article could equally have been: "Advisers embrace Westpac after upfront commissions increased to highest across the main banks."
12 hours ago Paul Flood
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Doesn't this result call into question the criticism from certain quarters that Mortgage Advisers are driven predominantly by commission considerations?
17 hours ago The Laird
FMA wants clearer fees
@first time caller - I can see the complexity you highlight, but as above, investors should be able to see what they are paying without having to reference multiple documents. Investment admin can track and report deductions for tax, withdrawals, fees et al, would be /should be straightforward to aggregate advice fees into costs at member level... at least I hope so.
1 day ago Goldcard
FMA wants clearer fees
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FMA wants clearer fees
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2 days ago Goldcard