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10 May 2021 5:00
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  •   Home > News > Business

    Investors may be slowly pulling back from the property market -- three weeks after Government changes

    Investors may be slowly pulling back from the property market -- three weeks after Government changes


    The new policies include removing interest deductibility for investors.

    In a survey by economist Tony Alexander, a net 10 per cent of respondents say they plan to cut investment property purchases.

    Ray White CEO, Carey Smith, says they're seeing a similar trend.

    He says investors are re-assessing the various impacts of the policy changes.

    © 2021 Newstalk ZB, NZCity


     Other Business News
     08 May: Auckland's dam levels have dipped below 50 percent again
     08 May: Auckland's in the middle of a building boom with more than 17-thousand new homes completed across the city in the past two years
     07 May: A win for some private sector workers while the public sector gets rocked
     07 May: Cruise ship operators could be inching closer to starting up business again
     07 May: The dairy industry's pushing for New Zealand to be able to sell dairy products to the UK tariff free
     07 May: The chief of Southland's Tiwai Point aluminium smelter is moving on
     07 May: Investment in rail, trucks and shipping is necessary for efficient freighting around the country
     Top Stories

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    Reducing the Southern Steel's ball possession is key for the Stars in their ANZ Premiership netball clash this afternoon in Auckland More...


    BUSINESS BUSINESS
    Auckland's dam levels have dipped below 50 percent again More...



     Today's News

    Rugby League:
    Warriors coach Nathan Brown's lamenting his side's failure to protect leads in league's NRL after a 38-32 loss to Manly 4:57

    International:
    Hundreds of athletes have taken part in a test event at Tokyo's Olympic Stadium on today, as organisers fined tune operations and practised COVID-19 countermeasures with under three months to go before the Games begin 21:57

    Law and Order:
    Three people have been injured in a shooting incident in New York City's Times Square 18:57

    Motoring:
    Police are seeking witnesses following a high speed crash on Auckland's Northwestern Motorway last night 18:37

    Rugby League:
    Manly's beaten the Warriors 38-32 in a frenetic game of NRL at Brookvale Oval 18:17

    Rugby League:
    A bombed try early in the second half has helped consign the Warriors to a 38-32 NRL defeat to Manly 18:17

    Netball:
    The Waikato-Bay of Plenty Magic have plenty to play for in tonight's ANZ Premiership netball match against the Tactix in Christchurch 17:27

    Motorsports:
    A Dick Johnson Racing 1-2 in the second Supercars race of the weekend at Tailem Bend in South Australia 16:47

    Politics:
    Hopes more women can have breast cancer screening, leading to fewer deaths 16:27

    Rugby League:
    Teenage star Reece Walsh has been asked to fulfil a third role within as many weeks for the Warriors 16:17


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