200 days ago

Normanton Reserve Sinkhole

John Gillon from John Gillon - Kaipatiki Local Board

UPDATE: The fencing is now in place at Normanton Reserve. The path between Normanton St and Ashfield Rd is still open.

Unfortunately a large portion of the southern open area of Normanton Reserve will be fenced off soon due to a collapsed stormwater pipe deep underground.
There has been a small tomo for some time next to one of the pieces of fitness equipment, that has also affected the concrete path. Council's Healthy Waters dept have investigated and found that the situation is significant. Until a solution is confirmed, the area needs to be fenced off for as a precautionary safety measure.
Several years ago, there was a plan to replace the pipe with a daylit stream due to issues with the pipe, but Healthy Waters put the plan on the backburner due to other priorities. It seems that now something similar may need to be done with some urgency...

From Healthy Waters:
"Healthy Waters have identified a significant problem with the public stormwater pipe under Normanton Reserve which resulted in a tomo and depression adjacent to the footpath and stormwater manhole. While a solution is being investigated with a high priority, we have requested Parks & Community Facilities to partially close the Reserve off, in order to keep the general public safe."

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1 day ago

Why are ghosts such bad liars?

The Team from Neighbourly.co.nz

...You can see right through them.

No, we haven't lost the plot! July 1st is International Joke Day and because laughter is good for your body, we want to get involved.

So, go on, jokers! Share your best joke below...

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1 day ago

What am I?

Riddler from The Neighbourly Riddler

I am a box that holds keys without locks, yet my keys can unlock your deepest senses. What am I?

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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6 hours ago

Property / Finance Changes from 1 July 2024

Financial Adviser, Director from adviceHQ

🎤 July 1 brings a raft of changes to the finance and property market:

Bright-line Test:
✅ Now 2yrs (previously up to 10yrs).


Deposit Requirements:
✅ 30% deposit for investment properties (previously 35%).
✅ 20% lending available for low deposit properties (previously 15%).

Debt-to-Income (DTI) Ratios:
➖ DTI ratio restricted to 6 x for owner-occupier lending (20% exception).
➖ DTI ratio restricted to 7 x for investor lending (20% exception).

Credit Contracts and Consumer Finance Act (CCCFA) Reforms:
✅ Commerce Minister Andrew Bayly and Housing Minister Chris Bishop said the government is revoking 11 pages of what it calls "overly prescriptive affordability regulations."

These changes should stimulate activity in the finance and property market, contact adviceHQ for independent financial advice to help you secure your future.

#adviceHQ #DTI #LVR #CCCFA

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