May 18, 2021 In Bramwell Bate News By Bate Hallett

Recent change to the bright-line test

The new rules around the bright-line test have been hard to miss in recent days, but what do they mean for the average person buying a residential home to live in? The bright-line test has been amended over the years and as such, there are three different rules to consider depending on when you purchased your residential property. For a residential purchase between 1 October 2015 and 28 March 2018, the bright-line period was just two years; this test is now...

March 11, 2021 In Bramwell Bate News By Bate Hallett

Employers need to balance growth with volatility from COVID-19

First published in The Profit. Written by Edward Bostock. No doubt we are all spending a lot of time considering what sort of year 2021 will be. New Zealand has been very fortunate compared to the rest of the world, however, there are still plenty of challenges we are facing particularly for those in certain industries such as tourism and events, most recently highlighted by the cancellation of the Art Deco Festival due to the change in alert levels. Confidence in the...

November 23, 2020 In Bramwell Bate News By Bate Hallett

Putting your best foot forward in a booming property market

The COVID-19 pandemic has created a great deal of economic uncertainty both globally and in New Zealand. During the lockdown in April and May 2020 we were all questioning how the housing market would be impacted. Contrary to the expectations of some commentators, the NZ housing market has been booming since the end of lockdown. Whether this is from an increase in Kiwis returning home, new home buyers taking advantage of lower interest rates or people just needing a...