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Property investors urged to buy new, as tax change proposals revealed

Construction (file photo).
Source: 1 NEWS
Consultation is now open on the proposals to stop interest deductions being claimed for residential investment properties.
It confirms anyone who bought a house before March 27 will see interest deductibility gradually phased out between October this year and March 2025.
But if a house was purchased after March 27, that will immediately stop from October.
Property development and new builds are exempt.
New builds will be subject to a five year brightline test, rather than the expanded 10 year test. That means if a house that is not the family home is sold within five years, tax is likely to be owed. ....

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Lane County schools pledged anti-racism. Are they following through?

When people rose up a year ago against the murder of George Floyd and other Black Americans
killed by police, it reignited a racial justice movement in Oregon and across the world with calls for change in every corner of our communities.
Schools were specifically challenged for perpetuating racism through whitewashed and incomplete histories and were called on to play a new role: to teach the next generation to be anti-racist.
Many local schools during the protests acknowledged the continued presence of racism and pledged against it, saying they would “do the work” to confront it in schools and listen more to their students of color. But a year later, with few exceptions, many changes have only appeared in long-term policy reviews or promises without immediate change, causing some to wonder whether they will follow through. ....

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Shortage of building materials prompts warnings of another leaky home crisis

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Source:
1 NEWS
There are warnings New Zealand could be in for another leaky home crisis as a shortage of building materials leave some builders desperate and using any products they can get their hands on.
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Some builders desperate for building materials are using any products they can get their hands on.
Source: 1 NEWS
One of the biggest victims of the leaky building crisis is Central Auckland s Victopia apartment block.
The issue has cost Government, councils and homeowners hundreds of millions of dollars.
‘It s happening unfortunately, naturally builders will be under pressure with some projects to get that done, unfortunately people will cut corners if they have to and that s precisely what we don t want to happen,” says Julien Leys of ....

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Covid-19 blame game and comms strategy questioned

The New Zealand herald front page last Monday.
Photo: PHOTO / RNZ Mediawatch
Last week, the ‘Unite to Fight Covid-19’ ads were nominated in this year’s Axis Awards for New Zealand advertising in the category of ‘Best Brand Experience & Activation’.
The yellow-and-white striped ads - telling us to wash hands and stay home, stay safe and so on - were also nominated in the Best Billboard category.
The campaign was widely regarded as money well spent when the curve was getting crushed and the elimination strategy seemed to be working last year.
UK-based design guru Alice Rawsthorn said the campaign was the best in the world. ....

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Police add more checkpoints to stop travellers leaving Auckland without valid reasons

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Source:
Police say they are moving three checkpoints north of Auckland back to where the legal boundary sits which was used during the last lockdown.
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Anyone not travelling for essential reasons will be turned back.
Source: Breakfast
Residents of the Northland town of Mangawhai Heads had a day of absolute confusion as to which alert level they were in.
The Health Order to implement the alert level changes and the official government Covid-19 website showed maps with the town outside of the Auckland area.
However, police checkpoints had been set up to encompass the town within the Auckland zone. ....

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