Otago Property Investors Association Inc
Phone: 03 477 6220
I hope this magazine finds you still on holiday and enjoying a well earned break. This is a great time of the year to contemplate events of the past year and where you are heading in the coming year.
The draft NZ Standard for meth is now open for public consultation. Submissions close on 20 February 2017.
Prime Minister Bill English has today announced his new Cabinet line-up which builds on the success of the last eight years and provides new ideas and energy heading into election year.
This year has been quite a tough one for our industry, at least politically. The Reserve Bank has made financing rentals much harder, the courts have made us pay for our tenants damage and meth has continued to take off and act like a grenade being thrown around threatening to blow up our investments.
Just a few days ago I marked the anniversary of my eighth year as Prime Minister and my tenth as leader of the National Party. Such an occasion seems a fitting time to not only take stock of the past 10 years, but to look forward.
A new social housing complex of 120 apartments is to be built on surplus Crown land and an adjoining Housing New Zealand site in Auckland in partnership with local iwi, Ministers Paula Bennett and Nick Smith have announced.
Andrew King reports on the NZPIF has had meetings with Housing Minister Dr Nick Smith and outlines all the discussion which is going on behind the scenes.
The much anticipated report on acceptable levels of meth contamination was released recently by the Ministry of Health. The main finding of the report is that the current levels of acceptable meth contamination are to be amended.
A technical investigation into the performance of buildings such as Statistics House at CentrePort will be undertaken to help inform improved building regulation, Building and Housing Minister Dr Nick Smith says.
Statement by Reserve Bank Governor Graeme Wheeler:
More emergency housing places, more support for tenants and more frontline staff have been funded in the next step in the Government’s comprehensive housing plan.
The NZ Property Investor's Federation annual conference was recently held in New Plymouth and was an outstanding success.
Since the President's report was delivered, progress had been made in several areas outlined in the report. The changes have been added in red.
The 2016 ANZ Residential Property Survey results show the impact of the LVR restrictions on investors’ ability to purchase more property or change their investment strategies
The Government is considering changes to the Residential Tenancy Act over when property damage costs can be reclaimed from tenants, Building and Housing Minister Dr Nick Smith says.
The Government has granted nearly $2.5 million in assistance to help people move from social housing to sustainable private housing, freeing up places for those who need it most, Social Housing Minister Paula Bennett says.
Save on your appliances When you’re looking at appliances for your rental property, look no further than Harvey Norman Commercial. The great news is that OPIA members have the exclusive advantage of buying from Harvey Norman Commercial at trade prices. So if it’s a fridge, stove, washing machine or dishwasher you’re looking for, take advantage of Harvey Norman Commercial’s offer to buy exclusive brands at bargain prices. That way you ensure durability, longevity and value for money. Plus, if you’re looking for something for yourself, Harvey Norman Commercial can access a wide range of appliances, audio/visual, heating, computers and even commercial-grade appliances. Call Nathan Lee on 021 243 108 , email Nathan.email@example.com - or visit the Harvey Norman Commercial showroom in Christchurch or Queenstown.
In last month's article I discussed the ramifications of the court's decision to exemplify tenants from responsibility for any damage that they cause to their rental property.
Here’s a handy guide that you could provide your tenants or even have as a clause in your tenancy agreement so that it is clear about what is expected when a tenancy ends and the tenants move out.
The NZPIF recently surveyed members to estimate the cost of damage claims over the past year. Read the background to this request and how the NZPIF is working hard to ensure that landlords do not bear the full financial burden of unintentional damage and neither are tenants financially ruined through a mistake or accident.
Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.0 percent.
A target of around 3000 emergency housing places funded per year has been exceeded and Social Housing Minister Paula Bennett is seeking even more places to help house vulnerable New Zealanders.
The Government’s Social Housing Reform Programme is on track with more social housing available in Auckland and more on the way, says Social Housing Minister Paula Bennett.
Parliament has today passed housing legislation which will ensure house building momentum continues in Auckland and enable the Special Housing Area (SHA) process to be used in other areas for a further three years, Building and Housing Minister Dr Nick Smith says
n 2009, a tenant called Mrs Osaki left a pot of oil unattended on the stove. A fire broke out that caused over $200,000 of damage. The property was repaired through the owners insurance, but the insurance company decided to seek the cost of the damage from the Osaki's.
Results: 51-75 of 2356
Need help or