There's been a significant increase in property flippers and it's prompted concerns from experts.

One of the country's most prominent buyers' agencies has complained to the Real Estate Authority about the increase - following a sharp drop in 2023. 

iFindProperty founder Maree Tassell says there's a lot of deception that comes with flipping properties, and vendors often don't find out until it's too late.

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There's been a significant increase in property flippers and it's prompted concerns from experts.
One of the country's most prominent buyers' agencies has complained to the Real Estate Authority about the increase - following a sharp drop in 2023.&nbsp;
iFindProperty founder Maree Tassell says there's a lot of deception that comes with flipping properties, and vendors often don't find out until it's too late.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Maree Tassell: iFindProperty founder on the growing calls to regulate property flippers

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c0eb9f4a-f743-4e87-9d5e-b40900756670/transcript

Stock markets have rebounded and oil prices have dropped below yesterday's forecast, following recent comments from US President Donald Trump.

Trump indicated the war in the Middle East could be over 'very soon', and it's led to ripple effects across sharemarkets all over the world.

Matt Goodson from Salt Funds Management says it's unclear if the US can walk away from this conflict or if the Strait of Hormuz will reopen in time.

LISTEN ABOVE

Stock markets have rebounded and oil prices have dropped below yesterday's forecast, following recent comments from US President Donald Trump.
Trump indicated the war in the Middle East could be over 'very soon', and it's led to ripple effects across sharemarkets all over the world.
Matt Goodson from Salt Funds Management says it's unclear if the US can walk away from this conflict or if the Strait of Hormuz will reopen in time.
LISTEN ABOVE

Matt Goodson: Salt Funds Management managing director on the markets fluctuating amid Middle East conflict

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/14230f4c-6939-4c7e-b7af-b409006b17b5/transcript

A legendary West Coast pub has removed its popular outdoor seating under threat of a $20,000 fine.

It was decided the Formerly the Blackball Hilton's tables and chairs fell outside the licensed boundary.

Owner Cynthia Robins says they've been there for decades - and never caused a problem.  

"They're becoming much more strict with what's within the licenced area. We said - well, until this is resolved, we just can't have the tables there? Well, now I feel like the town doesn't look as inviting because those tables aren't out there with the umbrellas up, they look more friendly."

LISTEN ABOVE

A legendary West Coast pub has removed its popular outdoor seating under threat of a $20,000 fine.
It was decided the Formerly the Blackball Hilton's tables and chairs fell outside the licensed boundary.
Owner Cynthia Robins says they've been there for decades - and never caused a problem. &nbsp;
"They're becoming much more strict with what's within the licenced area. We said - well, until this is resolved, we just can't have the tables there? Well, now I feel like the town doesn't look as inviting because those tables aren't out there with the umbrellas up, they look more friendly."
LISTEN ABOVE

Cynthia Robins: Formerly the Blackball Hilton owner on the pub being forced to remove outdoor seating

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/100a9964-7d29-413a-8756-b409005a021f/transcript

An aviation commentator says Air New Zealand needs to look at ways to cut costs as the war in the Middle East impacts fuel prices. 

The airline's adjusted fares - lifting domestic flights $10 and long-haul flights $90.

It's suspended its guidance from less than a fortnight ago, expecting second-half earnings similar to the $59 million first-half loss.

Irene King says the airline could slash its spending. 

"They really have never addressed the cost side of their business post-Covid - and they really could get stuck in there, their labour costs are astronomical."

LISTEN ABOVE

An aviation commentator says Air New Zealand needs to look at ways to cut costs as the war in the Middle East impacts fuel prices.&nbsp;
The airline's adjusted fares - lifting domestic flights $10 and long-haul flights $90.
It's suspended its guidance from less than a fortnight ago, expecting second-half earnings similar to the $59 million first-half loss.
Irene King says the airline could slash its spending.&nbsp;
"They really have never addressed the cost side of their business post-Covid - and they really could get stuck in there, their labour costs are astronomical."
LISTEN ABOVE

Irene King: aviation commentator on Air New Zealand lifting fares in response to Middle East conflict

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/928183b3-f6e4-45a0-ab76-b4090052ae20/transcript

Maree Tassell: iFindProperty founder on the growing calls to regulate property flippers

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