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Could your family home be the subject of a capital gains tax by stealth?

If you have been keeping a close ear to the pulse of recent media reports, you may have noticed the so-called "bright-line test" that taxes the gains on the sale of residential property, getting some increased airtime.  So what is all this about?  According to a recent Inland Revenue draft interpretation statement on the bright-line […]

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Understanding the pitfalls of New Zealand's fifth largest lender

Here is an interesting one. Do you know who New Zealand's 5th largest lender is for owner-occupiers? One that is estimated to lend out a whopping $22.6 billion in the last year alone, according to Consumer NZ? Here's a hint, it is not one of the large trans-Tasman banks! If you haven't guessed it yet, […]

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Insurance advice for flood-affected homeowners after Cyclone Gabrielle

In the weeks since the Cyclone Gabrielle and the devastating floods in the North Island, residents are still coming to grips with the enormity of the event. It is, however, encouraging to see people starting to look forward and think about the way ahead. Part of that, of course, is insurance, which should be there […]

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