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Deon Swiggs

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Tag: finance

Decisions from the Finance and Performance Committee

Posted on August 28, 2025 by CCC

[ad_1] Development Contributions A new Development Contribution Policy was adopted that will enable Christchurch City Council to recoup some of the costs of providing growth infrastructure.  Charges will rise across most areas of the district in the new policy, due to increased infrastructure costs, changing patterns of development and slower growth projections compared to 2021,…

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Loan to finance bowling club green expansion

Posted on October 6, 2021 by CCC

[ad_1] A $100,000 loan from Christchurch City Council will help a growing bowling club expand its greens. The loan for the Halswell Bowling Club was approved today by the Council’s Sustainability and Community Resilience Committee. “The Halswell Bowling Club is in a growing area of Christchurch and it wants to develop an additional bowling green…

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South Canterbury Finance Bail Out – It could be a good thing in the end!

Posted on September 1, 2010 by swiggs

Watching John Key & co deal with South Canterbury Finance yesterday was exciting. The Prime Minister and the Minister of Finance forked out $1.6 billion under the Crown Retail Deposit Guarantee Scheme. Good move. The NZ government are admitting liability and paying out depositors who trusted government regulators would protect them. Regulatory responsibility has been a series…

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200th Post Milestone Finally Reached

Posted on April 30, 2009 by swiggs

What a ride. Its been great. Thanks to everyone who has subscribed to this blog and who continues to read it. Traffic is increasing steadily with now over 500 unique views per day and over 40,000 unique views in the 11 months of writing this blog. Lets go for the next 100 and upward of…

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Mortgagee Sales are up – Whats happening out there?

Posted on March 19, 2009 by swiggs

Today I read a very interesting article on stuff.co.nz about an Auction that a good friend of mine Roland Lina conducted last night in New Plymouth. It highlights a good point about what is happening in the market. The article reads as follows. Three words are dominating Taranaki’s real estate pages “sell, sell, sell”. As…

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Arranging Finance – Are The Banks Helping

Posted on March 5, 2009 by swiggs

Well it is interesting to note that now after almost 5 weeks ago the OCR dropping to a record low in New Zealand of 3.5% the banks are now only just starting to pass the interest rates to the consumer. I am aware that the banks are facing increasing pressures as the sost of buying…

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What Are You Waiting For?

Posted on December 16, 2008 by swiggs

Its official. Sales volume is the lowest it has been for 16 years 11 months and the market has never been harder to work. Sellers, Buyers and agents… We are all having to adjust, compromise and accept that the days of the boom are well and truly over. And property prices have in fact in…

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The First Home Buyers Market in New Zealand Gets Tougher

Posted on November 27, 2008 by swiggs

Yesterday the ANZ National Bank announced property loans will now have to have a 20% deposit.  Now this closes up the banks and means that lending in throughout New Zealand is tightening up and buying is becoming a lot more difficult. The 20% deposit in many cases will now need to be savings which means…

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Financial Steps to Buying a Home.

Posted on August 8, 2008 by swiggs

This is a small exert from an interview I did with a guy named Bill James. Bill is a great financial adviser and I have been working closely with him in creating a book and a workbook that should be ready for print in a few months. I thought this was important for buyers and…

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5 Tips for First Home Buyers

Posted on April 22, 2008 by swiggs

Buying a home is a big step in your life and should be a very exciting time. Unfortunately, many individuals rush into buying a home with out considering the implications is has on their future. If you’re considering making the move to own it’s important you weigh all the options, and consider what if anything…

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