Otago Property Investors Association Inc

03 477 6220

otago@nzpif.org.nz

News & Updates

Recent updates

Archive: June 2018

Emojis

Did you know that you can have 😎 in your email subject line? Test carefully, they don't look the same in every email reader but they're a way to make your emails stand out. Here's some to try out ❤ 📌 🎁 🎄 ❄ 🚘 🎉 🔥 🔴 🤔 ⏳ and here's a site to copy and paste from: emojipedia.org/
29-06-2018 more >>

OCR remains at 1.75 percent

Statement by Reserve Bank Governor Adrian Orr: The Official Cash Rate (OCR) will remain at 1.75 percent for now. However, we are well positioned to manage change in either direction - up or down - as necessary.
28-06-2018 more >>

Tax Working Group agrees property fairly taxed

A Herald article and an Editorial published over the past week have suggested that property is undertaxed and rental property owners are able to buy property more cheaply than owner occupiers. Both these claims are wrong, but it is not the fault of the writers.
27-06-2018 more >>

Reports and Downloads

You can now delete items from your Reports and Downloads list.
27-06-2018 more >>

OPIA Meeting with Michael Reece and AGM - 19 June 2018

Michael Reece is the guest speaker Forbury Park Function Centre - 7:00 for a 7:30 sharp start Michael will be speaking about: - Certificates of Acceptance - Safe and Sanitary Reports - What to do when you find illegal work has been done
19-06-2018 more >>

The correct facts about tax and rental properties

Westpac Economist, Dominick Stephens, says that property is more lightly taxed in NZ compared to other assets. He quotes a Tax Working Group study to make this claim. However financial consultants Morgan Wallace found large errors in the Group’s study and concluded that rental property is actually taxed more than other assets.
19-06-2018 more >>

Tax Working Group's property calculations questioned

The NZPIF made a submission to the Tax Working Group (TWG)who appear to have a directive to recommend a Capital Gain Tax in NZ.
01-06-2018 more >>


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