Demand for rentals down on the North Shore
Kia ora neighbours. While there is a shortage of rental properties nationwide, North Shore landlords are reporting they are struggling to find tenants.
Trade Me Property data showed the number of rentals on the North Shore market increased by 4 per cent in May when compared to June. At the same time, demand in the district dropped by 7 per cent month-on-month.
NZ Property Investors Federation executive officer Sharon Cullwick said a number of North Shore landlords had reported they were finding it extremely difficult to get tenants for their rentals.
“One reason could be that more apartment buildings closer to the CBD are being finished and people are choosing to move into them instead.
Another reason could be the rents being asked for do not meet the market and are too high.”
Are you a landlord struggling to tenant your rental property, or a tenant struggling to find a place to call home on the North Shore? I'd love to hear from you - flick me an email at caroline.williams@stuff.co.nz
Poll: Is it ok to regift something that you have been given?
🎁 Holiday Gift Chat!
Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?
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79.2% Yes! It's better to regift what I don't need
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20.8% No. It's the thought and effort that matters
🎄 Christmas 2025 Holiday Pay - What You Need to Know 🎄
🎄 Christmas 2025 Holiday Pay - What NZ Employers Need to Know 🎄
With Christmas fast approaching, it’s important to make sure your team is paid correctly over the holiday period - especially with holiday legislation changes on the horizon.
👉 Good news: For Christmas 2025, the current Holidays Act rules still apply.
Here’s a simple breakdown 👇
✅ Employees with 12+ months service
• Entitled to 4 weeks paid annual leave
• Pay the higher of:
👉 Ordinary Weekly Pay or Average Weekly Earnings
📌 Full-time example
• 8 hrs/day × 5 days = 40 hrs/week
• $1,200 per week = $240 per leave day
📌 Part-time example
• 3 hrs/day × 4 days = 12 hrs/week
• $300 per week = $75 per leave day
✅ Employees with less than 12 months service
• Not yet entitled to annual leave
• If your business closes down over Christmas, they must still be paid holiday pay for the closedown period (usually paid via payroll accruals or 8% of gross earnings under current law)
🎁 Christmas & New Year Public Holidays
• Christmas Day (25 Dec)
• Boxing Day (26 Dec)
• New Year’s Day (1 Jan)
✔️ If the day is a normal working day, employees are paid for it
✔️ If they work on a public holiday:
➡️ Time and a half + an alternative paid day off
🔔 Important – Changes Coming
The Holidays Act will eventually be replaced by a new Employment Leave Act, moving to hours-based leave accrual and simplified calculations.
⚠️ These changes are not in force yet, so Christmas 2025 still follows current rules.
💬 Need help checking your payroll or holiday calculations?
📧 Email: info@corefigures.co.nz
🌐 Website: corefigures.co.nz...
✨ Feel free to share this with other NZ business owners ✨
Neighbourhood Challenge: Who Can Crack This One? ⛓️💥❔
What has a head but no brain?
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
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