It seems that the Auckland property marketing is cooling down. Different voices are heard recently regarding the future trend of the marketing. Some interesting opinions are published at NZ Herald: http://www.nzherald.co.nz/business/news/headlines.cfm?c_id=3
Assent for new property tax legislation
Two new acts, the Land Transfer Amendment Act 2015 and the Tax Administration Amendment Act 2015, received Royal assent on 22 September 2015. The new legislation contains measures to improve tax compliance amongst property investors. For more information you can give us a call or read through http://taxpolicy.ird.govt.nz/publications/2015-sr-property-information-requirements/overview
