The Mike Hosking Breakfast

Anyone who's selling a house is being urged to do their own research before they start marketing their property.

House-flipping is back in the news, after a house in Auckland was on-sold later the same day for $80,000 more than the first sale.

An investigation of 300 cases by the The Real Estate Agents Authority (REAA) found that only a handful of real estate agents had broken the law or ethical codes.

Home Owners and Buyers Association president John Gray told Mike Hosking that vendors should always do their own research before marketing their homes.

"One of the key parts of our advice is that they should always obtain a registered valuation of their own home and have that in their back pocket, so they know exactly what their house is worth on the market."

He said some savvy investors have made themselves millionaires by taking advantage of the way the system works.

"In many cases they have had a long settlement which has given them the opportunity then to go out and market the home to their contacts, and maybe they are overseas buyers, who are perhaps being - I would say cynically - taken advantage of because of their enthusiasm and desire to buy into the New Zealand market."

LISTEN ABOVE: John Gray speaks to Mike Hosking

There are fears New Zealanders who moved to Australia before 2001 could miss out on citizenship. The Australian law which allows Kiwis to apply for citizenship more easily if they arrived in the country on or before February 26, 2001, is set to expire in October.Morgan Blake is behind the Facebook page 'Protecting Special Category Visa Holders'. He told Newstalk ZB's Mike Hosking it was possible the law would be replaced with something entirely different. "The advice that I got with the lawyer I had helping me out is that you never really when it comes immigration, with the climate at the moment," he said. "It's probable, but it's one of those things where people will have to decide whether it's something take a chance on, or maybe just go for the citizenship and be protected forever, pretty much." Blake believes ripping protections away without any warning would be underhanded, as they would have been paying taxes in Australia for many years. LISTEN ABOVE: Morgan Blake speaks to Mike Hosking

WHAT YOU SHOULD HAVE HEARD (highlights from Friday's Mike Hosking Breakfast) Breaking Steve Price/Another Week of Trump/Mark the Week/Mixed Feelings on Cyber Giants

WHAT YOU SHOULD HAVE HEARD (highlights from Thursday's Mike Hosking Breakfast) He's a Character/Golf Stories/Spy Away. No Worries/Blowing Your Mind/Being a Dick Isn't a Crime

Mike Hosking talks to Minister of Defence, Gerry Brownlee, about a nation-wide emergency alert system which will be made available by the end of the year.

WHAT YOU SHOULD HAVE HEARD (highlights from Wednesday's Mike Hosking Breakfast) Ladies are Just Better/Fuddy Duddy Study Buddies/Gerry so Tech-Savvy/Getting Nude for Art's Sake

Dunedin-born Audette Exel used to run a bank in Bermuda, and that country's stock exchange. Now, she heads the charity Adara Group which is focused on bring business strategies to bear in helping the less advantaged.

WHAT YOU SHOULD HAVE HEARD (highlights from Tuesday's Mike Hosking Breakfast) Right Honourable Shambles/Doing Business Right/Just the Drink for You/Choose Your Own Ending

ANZ's chief economist Cameron Bagrie has offered some support this morning for the government's superannuation proposals, which will lift the age of entitlement to 67 over a three year period from 2037.

Bagrie told Mike Hosking to maintain the status quo, we'd have to make choices in regard to education, conservation, other core Government services, increasing tax rates or borrowing money.

But he says the message here is that we've made a small marginal tweak, flagging very clearly we need to do something over time.

LISTEN TO THE FULL INTERVIEW ABOVE

Builders are taking a pragmatic approach to government plans to lift the age of entitlement to superannuation from 2037.

They say it will be harder for them to work through to 67 than someone with an office job, but there's time to make adjustments.

Building Industry Federation CEO Bruce Kohn told Mike Hosking the proposed changes don't kick in for another 20 years and there's a review period in any event.

He says at the same time, the industry is moving to much more offsite construction ike prefab-type housing, which will mean an easing of the number of jobs required which have heavy labouring duties.

LISTEN TO THE FULL INTERVIEW ABOVE