A coronavirus-induced tumble in house prices isn't a given, Waikato's real estate bosses say. Economic consultancy Infometrics has forecast house prices to tumble 11 percent by the end of 2021. Lugtons managing director Simon Lugton expects the Waikato housing market to cool at some point but said there are no signs of that happening yet. Dominico Zapata/Stuff Lodge Real Estate managing director Jeremy O'Rourke said a drop in house prices isn't a sure thing. It isn't a given that house prices will drop in Waikato in the wake of the Covid-19 crisis.
Covid-19 adds further pressure to some cities already struggling with squeezed rental property markets, as the number of vulnerable people unable to afford housing also rises. In Whanganui, people wanting to return home and out of town interest are pushing the vulnerable to the margins. At one recent property viewing in New Plymouth, there were 53 applicants to view a bog-standard three-bedroom home with a double garage. READ MORE:* Rental demand 'unprecedented', pushes up need for emergency housing* Taranaki real estate market getting up a head of steam* Stable future predicted for Taranaki housing market as industry plans for level 2* House prices offer 'second chance' for big city buyersBayleys' property manager Kellie Hodson said while that surprised agents, it was an indication of what was happening in the market. Melissa Robinson is the boss of Ray White's Whanganui property management group.
The demolition of Dunedin's old Cadbury warehouse is under way, making way for the city's new hospital. A stunning timelapse shows a slice of Kiwi history being demolished. The former Cadbury warehouse in central Dunedin has been gradually removed by contractors over the last few weeks. READ MORE:* Former Dunedin Cadbury factory on demolition chopping block* Part of old Cadbury factory to be demolished for new Dunedin Hospital* Aussie man burns '$16,000' worth of Caramilk because of its tasteChristchurch-based demolition firm Ceres NZ has removed most of the former warehouse and captured the demolition in a two-minute long timelapse video. More than 1000 people are expected to work on the hospital project in that time.
Ski resorts are calling for urgent attention to level 2 operating parameters, so they can open for the 2020 season. A South Island ski resort has gone into liquidation not long after its director expressed fears for the survival of his business as a result of Covid-19. Gretha Group, trading as Methven Resort Hotel, was placed into liquidation on Tuesday. The company, owned by Bruce Wallis and Supalert Termnuwong, received a $116,584 Covid-19 wage subsidy for 19 staff. The three level, 47-room resort, located less than 30 kilometres from Mt Hutt ski field, was built in 1985 and sits on a 1.2 hectare section.
June 02, 2020 04:15 UTC
Tauranga Mayor Tenby Powell has called a leadership challenge over his deputy mayor to be preventing progress. An attempted coup in Tauranga has seen the deputy mayor resign but Mayor Tenby Powell has labelled the councillors responsible as "desperate to prevent progress". Mayor Powell said the knives are out and "pointed defensively to hold onto the past and stop progress". Baldock said he resigned as a direct result of the requisition letter calling for his removal. “However the Mayor, Deputy Mayor and now Tina Salisbury are acting in a way to thwart that,” he said.
June 02, 2020 04:07 UTC
Recreational and commercial fishing rules for blue cod is set to change to improve the sustainability of the fishery. An organisation representing commercial blue cod fishermen in Southland has backed Fisheries New Zealand's plan to ''rebuild'' the blue cod fishery. The rebuild plan under consultation proposes a commercial blue cod catch reduction from 1239 to 874 tonnes per annum. The BCO5 Association, which represents commercial blue cod fishermen in Southland, has endorsed Fisheries New Zealand's proposed “rebuild plan” for the southern blue cod fishery. "Commercial blue cod catch limits should be able to quickly respond to changes in the fishery.
June 02, 2020 04:07 UTC
The driver of a bus and trailer that crashed with 23 Chinese tourists on board near Queenstown in January has been refused a discharge without conviction. Fang admitted charges of careless driving causing injury to Leyao Dong, Qin He, Jun Yang and Yixin Cai, on January 21 at Wilson Bay on the Glenorchy-Queenstown road. The bus and trailer, operated by Awing Travel NZ Ltd, tipped on to its side and skidded along the road for about 40 metres after Fang lost control on a downhill bend about 7km southwest of the resort. Emergency services at the scene of a serious crash on the Queenstown-Glenorchy Rd, near Queenstown. Photo: Tracey RoxburghOf the four passengers flown to hospital from the crash site, a 10-year-old girl lost both hands, and a woman lost an arm.
June 02, 2020 03:56 UTC
Trade Me Jobs has seen a surge in the number of searches for "work from home" opportunities. More Kiwis are looking for flexible work arrangements following the coronavirus lockdown, forcing job search websites to adapt. Jobseekers can now hone in on remote employment opportunities after the Seek website added "work from home" as a location option. "We’re also encouraging employers to use the words ‘work from home’ in their advertisements if flexible working is something they would be open to." "We expect that flexible working arrangements will likely become even more important for job hunters and something employers will have to consider as we move forward."
June 02, 2020 03:56 UTC
A tour bus driver has been sentenced to 200 hours' community service and disqualified from driving for nine months after a bus crash near Queenstown that caused a girl to lose both hands and a woman to lose an arm. READ MORE:* Man charged after two people died in Otago crash named* Man seriously injured after single-vehicle crash near Queenstown* Two tourists in hospital with 'traumatic injuries' after serious Queenstown bus crashThe Awing Travel NZ Ltd bus and trailer tipped on to its side and skidded for about 40m after Fang lost control on a downhill bend about 10km from central Queenstown. HAMISH MCNEILLY/STUFF The Otago Regional Rescue Helicopter arrives at Dunedin Hospital with a patient injured from a Queenstown bus crash. Judge Strettell said Fang had been resident in New Zealand since 2016 and employed as a bus driver. "This is a case that has significance for all bus drivers and professional drivers.
June 02, 2020 03:51 UTC
Al Brown has always toed the fine line between fine dining and comfort food. The New York-inspired burger features a beef patty, cheddar, Al Brown & Co corned beef, habanero mustard, pickles and kimchi, on a pretzel bun. Stuff-co-nz Chef Al Brown called the new burger "a mashup"“Obviously we’ve got the corned beef with the mustard, which you don’t normally see. Joel MacManus/Stuff The Mustang Deli burger, a collaboration between BurgerFuel and Al Brown. The Mustang Deli burger launched on June 1, and according to BurgerFuel will only last as long as their limited supply of ingredients lasts.
June 02, 2020 03:41 UTC
Marton Players Theatre president Brian Baillie says the theatre usually holds about 135 people, but is presently selling 55 tickets per show. Theatre groups are poised to reclaim the spotlight after three months sitting in the wings. The Marton Players Theatre will raise the curtain for its first show since February this Saturday. A production set inside Feilding Little Theatre production has sat untouched and abandoned. The Levin Little Theatre hoped to host its next show in August, and its traditional pantomime in December.
June 02, 2020 03:33 UTC
Photo: RNZ stock imageA local family out fishing on Saturday made the fluke discovery of the body of a man floating in the sea off Point Elizabeth, near Greymouth. It is one of four sudden deaths around the West Coast at the weekend -- all referred to the coroner. It was later confirmed as belonging to the dead man. Police inquiries included whether the dead man had been living permanently or just staying in the area. Police were also called to a house in Hector at the weekend after a neighbour checking found a 91-year-old woman dead in her home.
June 02, 2020 03:22 UTC
Barker's of Geraldine chief executive Agnes Baekelandt says she's confident its new tomato sauce brand seen here in the Geraldine store will be a success. A South Canterbury-based business has left its comfort zone and ventured into the potentially lucrative, yet competitive, tomato sauce market which it hopes could create more long term jobs in the region. Barkers of Geraldine chief executive Agnes Baekelandt said interest in the manufacture of tomato sauce began after they spotted a gap in the $90 million a year industry. "I would say Heinz Watties has about 80 per cent market share in tomato sauce in New Zealand. The tomato sauce, which was launched late in May, was "going well".
June 02, 2020 03:07 UTC
Photo: SuppliedHidden transmission of the Covid-19 coronavirus in New Zealand has not been ruled out, a member of the government's modelling team says. New Zealand could move to alert level 1 as early as next week after Cabinet meets next Monday. "Statistically, we still haven't ruled out the possibility that there could be hidden transmission out there, so we still need to have a degree of caution when we start talking about going from level 2 to level 1. The level 2 breaches, including the Black Lives Matter protests and businesses not sticking to the rules, were a concern, he said. "Maybe having restrictions that limit large gatherings to ticketed events, so that we don't have large gatherings where we lose track of who was there.
June 02, 2020 02:48 UTC
The online sale of "demeaning" golliwog dolls in New Zealand at a time when Black Lives Matter protests grow around the world has sparked outrage. Picton woman Cathy Dalzell makes and sells golliwog dolls on her personal Facebook page, and on the Nelson and Blenheim buy and sell pages. The golliwog sale post came on same the day thousands of people had taken to the streets around the country for Black Lives Matter protests. Foon said it was "highly inappropriate" to continue selling golliwog dolls. Last year, Trademe added golliwog dolls to its website's "banned and restricted" list, alongside Confederate flags and Nazi memorabilia.
June 02, 2020 02:37 UTC