Otago Property Investors Association Inc

Phone: 03 477 6220

Email: otago@nzpif.org.nz

News & Updates

Recent updates

Otago News

One sided review of renting

Tenant advocates have produced a report calling for widespread changes to the rental industry that if introduced would cause more harm for the tenants they represent than good.
23-08-2017 more >>

Can you provide emergency homes for those in need in your town?

Are you a landlord interested in a guaranteed rental for the next 3 years, all while supporting people in need? The Salvation Army is looking to work with landlords around the country, to take care of some of New Zealand’s most vulnerable people and your property.
18-08-2017 more >>

Is a WOF for rental properties the answer?

Wellington Council is introducing a voluntary Warrant of Fitness for rental properties that they intend to make compulsory in three years. The council says that they want to raise standards and that "every Wellingtonian deserves a warm dry home".
17-08-2017 more >>

More regulations and restrictions reduce the number of rentals

For 17 years, forty three year old sickness beneficiary, Shanez Akhtar, has always a found a place to rent without difficulty, but that all changed 9 months ago.
15-08-2017 more >>

Tailrisk Economics responds at the Reserve Bank's Debt To Income Consultation Paper

The Reserve Bank's DTI consultation paper is reviewed by Tailrisk Economics and six conclusions are presented.
14-08-2017 more >>

Official Cash Rate (OCR) unchanged at 1.75 percent

Statement by Reserve Bank Governor Graeme Wheeler:
10-08-2017 more >>

Construction peak to be higher, last for longer

Residential, commercial and infrastructure building activity is forecast to continue to boom for the next three years to a record $42 billion in 2020, according to the independent National Construction Pipeline Report for 2017 released today by Building and Construction Minister Dr Nick Smith.
06-08-2017 more >>

Bill will do little for healthier homes

Labour’s Bill purporting to make homes healthier would delay the Government’s requirements for landlords to insulate their rental homes by three years, Building and Construction Minister Dr Nick Smith says.
26-07-2017 more >>

Massey University June Home Affordability report

Decline in affordability for all New Zealand regions except Canterbury and Westland
20-07-2017 more >>

Andrew King outlines the important aspects of the new Standard for meth contamination

The NZPIF is very pleased that the new NZ Standard for testing and decontamination of methamphetamine contaminated properties has been released.
18-07-2017 more >>

$1b infrastructure fund accelerates housing supply

The allocation of the $1 billion Housing Infrastructure Fund today is another milestone in the Government’s plan to increase housing supply for a growing New Zealand, Prime Minister Bill English says.
11-07-2017 more >>

Markets outlook from the BNZ

Meanwhile, we are keeping an eye out for the Real Estate Institute’s residential results for June, which could well come to the public gaze by the end of this week. Recent housing market trends show prices, generally, to be going sideways in Christchurch, modestly down in Auckland and up almost everywhere else
10-07-2017 more >>

MBIE launches online housing market dashboard

The Ministry of Business, Innovation and Employment today released the Urban DevelopmentCapacity Dashboard – a one-stop, open-source tool of housing market indicators such as prices and rents, the number building consents granted relative to the growth in population; and the recently released Housing Affordability Measure (HAM).
07-07-2017 more >>

Finding a value for sunshine

It is a truth commonly acknowledged that a house that gets more exposure to sunlight is more attractive, especially in ‘temperate’ climates like New Zealand’s. Until now, however, the value of that sunshine has not been calculated.
29-06-2017 more >>

New meth contamination and testing standard

New Zealanders will be able to better manage the risks of methamphetamine in residential properties following the release of a new standard, Building and Construction Minister Dr Nick Smith and Commerce and Consumer Affairs Minister Jacqui Dean say.
29-06-2017 more >>

New NZ Standard for meth contamination released today

The NZ Property Investors' Federation is very pleased to see the release of the NZ Standard for meth contamination today” said Andrew King, executive officer
29-06-2017 more >>

Insulation grants extended till end of June 2018

The Government has extended the eligibility for Warm Up New Zealand: Healthy Homes insulation grants to include low-income home owners in addition to landlords with low-income or high health need tenants, Energy and Resources Minister Judith Collins says. Warm Up New Zealand programme extended until the end of June 2018.
28-06-2017 more >>

OCR remains unchanged at 1.75 percent

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Global economic growth has increased and become more broad-based.  However, major challenges remain with on-going surplus capacity and extensive political uncertainty.
23-06-2017 more >>

Seminars for landlords and tenants

Renting seminars are returning in 2017 to help landlords and tenants better understand changes to tenancy laws and how to put them into practice.
21-06-2017 more >>

NZPIF is very pleased to announce a new business partnership - with GForce We Install

G-Force We Install specialises in providing a nationwide insulation and smoke alarm assessment, supply and installation service for rental property owners and managers to ensure that their properties meet the new requirements of the Residential Tenancy Act (RTA).
19-06-2017 more >>

Cladding rule changes make NZ high-rises safer

New Zealand is less exposed to the risks of fire as a result of combustible claddings on high-rise buildings due to these products being restricted earlier this year, Building and Construction Minister Dr Nick Smith says.
16-06-2017 more >>

Avoid being scammed

The TINZ stress test for tenant checks is better than ever
15-06-2017 more >>

Minister welcomes DTI consultation

Finance Minister Steven Joyce has today welcomed the release of the Reserve Bank's consultation document on the use of Debt to Income ratios for mortgage borrowers as an additional macro-prudential tool.
10-06-2017 more >>

Reserve Bank publishes consultation on debt to income (DTI) limits

The Reserve Bank today published a consultation paper seeking feedback on serviceability restrictions such as debt to income (DTI) limits being added to its macro prudential toolkit.
09-06-2017 more >>

NZ's financial system is sound but continues to face risks

New Zealand’s financial system remains sound and the risks facing the system have reduced in the past six months, Reserve Bank Governor Graeme Wheeler said today when releasing the Bank’s May Financial Stability Report.
31-05-2017 more >>


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