Otago Property Investors Association Inc

Phone: 03 477 6220

Email: otago@nzpif.org.nz

News & Updates

Recent updates

Friday, Jun 29, 2007

Rebound shows 'remarkable resilience'

James Weir of the Dominion Post reports that business confidence is rebounding despite high interest rates and a high flying dollar and economists say this is another sign of "remarkable resilience".

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Friday, Jun 29, 2007

Inquiry into Housing Affordability – Submissions closed

Written submissions to the Commerce Select Committee Inquiry into housing affordability (examining the cost of housing for first home buyers) –closed this month (15 June).

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Friday, Jun 22, 2007

Loan arrears increase

Loans underlying New Zealand residential mortgage-backed securities (RMBS) recorded a slight rise in arrears greater than 30 days over the March quarter.

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Thursday, Jun 21, 2007

Cullen looks at changing tax laws for investment properties

The Government is looking at removing a tax advantage for those who own rental properties.

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Tuesday, Jun 19, 2007

Investors reject capital gains tax

Property investors are rejecting suggestions that a capital gains tax will check soaring house prices.

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Tuesday, Jun 19, 2007

Answer not a tax, accountant says

A captial gains tax to cool the booming property market was a knee-jerk reaction toa  cyclical problem, leading Dunedin tax accountant said yesterday.

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Friday, Jun 15, 2007

Rises, rises all around

Home owners or people about to sign up to a mortgage to buy a property don’t have many good interest rate choices in front of them at the moment.

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Thursday, Jun 14, 2007

Developer offers back $5million

A high flying Auckland property developer has warned others in his sector they could be inadvertently flouting the securities law beacuse of the way they sell housing developments.

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Wednesday, Jun 13, 2007

Housing tax advantage a myth - IRD

Inland Revenue says it is a myth that investments in housing have a tax advantage over other types of investment.

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Tuesday, Jun 12, 2007

Affordable-housing bill 'perverse'

The Property Council says the Government's solution to boost cheap houses for first home buyers would push up the prices of other houses.

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Friday, Jun 08, 2007

Key promises more affordable homes

National has moved to claim housing affordability as one of its key election planks.

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Thursday, Jun 07, 2007

Rates fall, but its not the turning point

In the past week a number of home loan lenders have been dropping some of their fixed term rates however this shouldn't be seen as an ongoing trend.

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