125 days ago

Retire with confidence

Ryman Healthcare Limited

Ryman’s Peace of Mind Guarantees are designed with your protection in mind, giving you the confidence to live the way you want and to embrace every opportunity.

Take Ross for example. He’s a Ryman resident who began his musical journey at the age of 65. His ‘no worries’ lifestyle has meant that ten years later, Ross plays in several bands and tours in different towns playing music on a guitar he made himself. A little certainty provides great reassurance in knowing you can pursue the things you love in retirement, without any worries.

For full details on our Peace of Mind Guarantees visit rymanhealthcare.co.nz
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More messages from your neighbours
16 hours ago

Trust a farmer to give us their opinion.

PGG Wrightson

The new range of Line7 performance workwear has been designed, developed and tested by you – New Zealand farmers. We asked, listened, and collaborated directly with farmers in the making of this gear. We tested and re-tested in on-farm environments. We re-engineered what farming workwear can be with your needs front of mind.

We brought our decades of experience creating world-class performance gear. Add to that a legacy of Kiwi innovation, a challenger spirit and a practical attitude that’s been part of Line 7 since we started back in 1963.

Every detail has been reviewed and refined – without overlooking the obvious. Breathable, flexible, functional and comfortable, while still being supremely durable and waterproof. Made to fit farmers of all shapes and sizes, with a dedicated range for women. Built to last, and last a bit longer still, with an included repair kit that means you can fix it up quickly yourself.

Now take it out there, try it on and put it to the test. Wear it out and wear it again. We’re pretty damn confident you won’t be disappointed
Find out more

1 day ago

Lament of a Papers Past tragic

Georgia Weaver Reporter from Southland Times

If you have ever gone down the time trap that is Papers Past, you can sympathise with reporter Michael Fallow's story.

The entire Papers Past site, presumably in an attempt to be even-handed, also dips into other publications. It contains nearly 90 million articles, mostly from the country’s old newspapers and magazines but also books, letters, journals and a smattering of Parliamentary papers.

3 days ago

Queenstown and Wānaka house sale prices tumble - but no trend yet

Nicole Mathewson Reporter from Otago News

From reporter Debbie Jamieson:

Queenstown median house prices have dipped below $1 million for the first time in 18 months.

Real Estate Institute figures for April show a 22.1% decrease from the same month last year, from $1.22m to $950,000 for the tourist town.

The last time it dipped below $1m was in August 2020, and the median price has regularly been in seven figures since 2018.

There was an even larger drop in Wānaka, where the median price dropped 43.3% to $635,000, largely due to sales of townhouses at the Riverside Residence development.

Of the 58 sales in Wānaka this April, 24 were townhouse purchases from Riverside Residence between $400,000 and $700,000, according to a report from the institute.

The median price excluding these sales would have been $1.115m.

There are 62 units within Riverside Residence, many of which are sold for short-term accommodation only.

Real Estate Institute Otago/Southland spokesperson Liz Nidd said the market across the country had been affected by Covid-19 and recent school holidays.

“There is a rationalisation of the market happening, but it’s too early to panic,” she said.

The report says owner-occupiers were the most active buyers in the Central Otago and Queenstown Lakes regions, although finance was challenging for many purchasers.

First home buyers in the region were scarce due to tightened lending conditions, loan to value ratios and rising interest rates.

“Anecdotally, unless first home buyers have support from the bank of mum and dad, they tend to be priced out of all but the outer suburbs,” Nidd said.

The 25 apartments are among the first of up to 4000 Housing Minister Megan Woods hopes will go through the $400m Progressive Home Ownership scheme.

Queenstown Community Housing Trust executive officer Julie Scott said even with the drop in sales prices, homes in the region remained far out of reach for low and middle income households.

“This makes absolutely no difference,” she said.

The trust has almost 800 households on its waiting list.

The institute’s report says investors had also stepped back from the market due to new tax legislation, despite rents increasing.

A lack of rental properties was making it difficult for prospective tenants.

Nationally, house sales nationwide tumbled by 29.3% between March and April, highlighting the ongoing slowdown of the market, the institute said.

Its latest figures showed there were just 4860 sales around the country in April. That was down 35.2% from the 7497 sales at the same time last year.

In Queenstown, sales decreased by 10.9%.

Agents said “fear of missing out” was replaced with a “fear of overpaying”.

“With fewer buyers in the market, there is less competition, not as much urgency and vendors have become more realistic in their expectations.”

Agents were hopeful that the Central Otago/Lakes region might see some more overseas buyers now that borders are open but are also aware that some Kiwis will leave New Zealand after two years of Covid-19.