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New tax policies have led professional property investor Nick Gentle to adjust his investing behaviour slightly, but not as much as he thinks many smaller investors will.

A new tax exemption for landlords with social housing properties has angered investors who claim it will tip the scales against working families.

Investors should have confidence in new builds following the release of more information on the Government’s tax changes, an economist says.

The International apartments' creditor claims hit $125m 14 May, 2021 12:00 AM 5 minutes to read Gary Groves from the Sanctuary Group is developing the 90-unit project called The International on Princess Street. / Dean Purcell Gary Groves from the Sanctuary Group is developing the 90-unit project called The International on Princess Street. / Dean Purcell A new report on the company behind Gary Groves' $250 million The International apartment project in Auckland shows total creditor claims are $125.2m although they were much higher until unit sales reduced part of the debts....

Loan-to-value ratios (LVRs) already allow borrowers to get loans on new builds with a smaller deposit than they would need for an existing property. For a new build, first-home buyers can usually have a deposit of 10 per cent while property investors are currently required to have a deposit of 20 per cent. In contrast, first-home buyers usually need a deposit of 20 per cent to buy an existing house and investors effectively need a 40 per cent deposit already, although that’s not official until May. Opposition leader Judith Collins says Prime Minister Jacinda Ardern has broken a promise ...