2221 days ago

Foreign buyers ban comes into effect today---Labour Day

Brian from New Lynn

One of Labour's biggest election promises comes into effect on Monday.The foreign buyers ban prevents many non-residents from buying existing homes.The Bill passed its third reading on August 15 with 63 votes to 57. New Zealand First and the Green Party voted for the Bill."This Government believes that New Zealanders should not be outbid by wealthier foreign buyers," Associate Finance Minister David Parker said at the time."Whether it’s a beautiful lakeside or oceanfront estate, or a modest suburban house, this law ensures that the market for our homes is set in New Zealand not on the international market."But Property Institute CEO Ashley Church believes it will do nothing to reduce house prices."The evidence is, across the Tasman and other parts of the world, that the imposition of foreign buyers bans… have made virtually no difference to those markets either. In fact Mr Church believes the ban could have an adverse effect on the New Zealand economy as the country has previously welcomed foreign investment."That's not necessarily going to be the case going forward and that's a retrograde step for our economy as a country that needs foreign investment and needs money to come from other parts of the world. There will be exemptions for people from Australia and Singapore.
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1 day ago

Poll: When should the tree go up? 🎄

The Team from Neighbourly.co.nz

From what we've heard, some Christmas trees are already being assembled and decorated.

What are your thoughts on the best time to get your Christmas tree up?

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When should the tree go up? 🎄
  • 5.1% Second half of November
    5.1% Complete
  • 44.3% 1st December
    44.3% Complete
  • 16.9% A week before Christmas
    16.9% Complete
  • 32.3% Whenever you wish
    32.3% Complete
  • 1.3% Other - I'll share below
    1.3% Complete
1133 votes
8 hours ago

Unlock Your Inner Detective: Today’s Riddle Awaits!

Riddler from The Neighbourly Riddler

What gets wet while drying?

Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.

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18 hours ago

What's your favourite tomato recipe?

Mei Leng Wong Reporter from NZ Gardener & Get Growing

Kia ora neighbours. We know your tomato plants are still growing, but we're looking ahead to the harvest already! If you've got a family recipe for tomatoes, we'd love to see it and maybe publish it in our magazine to share with our readers. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our February 2025 issue.

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