Honey, I shrunk the equity!

Written by Christine Symes. First published in The Profit. Reflecting on the past year and considering what’s to come in 2023. How do we summarise the New Zealand property market in 2022? “Contrast” comes to mind. “Against the grain” might be another appropriate phrase. It was an exceptionally intriguing year for New Zealand’s property market. Professionals at all levels of the sale and purchase of property recognised a significant shift in what had previously been a “sellers’ market” and as we head into...

Building the answers to supply chain problems

To attempt to respond to increased demand for housing and ongoing supply chain issues, the Ministry of Building, Innovation, and Employment (MBIE) have created a Critical Material Taskforce, aiming to build on the work of the Plaster Board Taskforce established in June 2022. The Plaster Board Taskforce imported and provided alternative products from GIB to ensure that construction could continue, despite the supply chain not meeting the demand post COVID-19. The Plaster Board Taskforce was deemed a success with a...

Modernising the Mechanics of Charities in the New Year

Written by Tayla Westman  Charities play an essential role in our community and are key to providing much needed support. There are over 28,000 charities registered in New Zealand. About half of all Kiwis are involved in charity work, whether it is as a volunteer or directly with the community. Charities also play a vital role in our economy, having contributed over $20 billion last year. Much of the law governing charities in New Zealand is set out in the Charities Act 2005...