Trans-Tasman housing divide a tale of two Budgets
There are obvious attractions for Australians to buy New Zealand land, but Auckland is looking less attractive.
A five-bedroom home across 5ha at Stoney Creek Lane, near Queenstown, is selling for $9.5m.
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This year's Budget did little to dent buying confidence for property investors, on the strength of laissez-faire tax and compliance settings.
Thomas McAlister, national director of residential projects at Colliers, said apart from the "recalibration" of rental subsidies for social housing, the
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