Otago Property Investors Association Inc

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News & Updates

Recent updates

Otago News

NZPIF continues campaign with a new Executive Officer

The NZ Property Investors' Federation (NZPIF) Executive Committee is very pleased to announce the appointment of Sharon Cullwick as the new NZPIF Executive Officer.
03-03-2020 more >>

Appointment of a new NZPIF Executive Officer

It is wonderful news that Sharon Cullwick, our NZPIF President, has been appointed to take over from me as NZPIF Executive Officer. For an industry as large and as important as ours, the Executive Officer role deserved to be more than a part time position and the NZPIF Executive is to be congratulated for making this happen.
03-03-2020 more >>

REINZ survey finds more than 80% of Kiwis disagree with ending the 90-day notice

More than 80% of New Zealanders disagree with ending the no-cause 90-day notice as outlined in the proposed changes to the Residential Tenancies Amendment Bill, according to a recent survey conducted by the Real Estate Institute of New Zealand (REINZ).
02-03-2020 more >>

Submissions about the RTA changes now open until March 25 2020

Residential Tenancies Act Reform Team has sent out the information which follows about the progress of the Residential Tenancies Amendment Bill. Submissions can now be sent in to the Social Services and Community Select Committee
26-02-2020 more >>

The story behind the rental price statistics for 2019

Rental price statistics for 2019 came out recently and were very interesting to go through. The median rent for all areas and all property sizes and types hit an all time high of $468 per week, which is 4% higher than December 2018.
21-02-2020 more >>

Insulation issues - the facts

The writer of the editorial (NZ Herald, February 7) says it is inexcusable that an increasing number of families have been living in substandard accommodation when the health and social effects of doing so are widely known. Andrew King, from the NZ Property Investors' Federation writes to correct some of the misconceptions in this editorial
18-02-2020 more >>

Government Bill puts neighbours at risk

The Government has today released a new Bill aimed at improving the lives of tenants. “One aspect will only make it easier for antisocial tenants to ruin the lives of their neighbours. Another will allow tenants to decide if they will stay at a rental property even if the landlord wants to end the tenancy,” says Andrew King, Executive Officer of the NZ Property Investors’ Federation (NZPIF). “The NZPIF has joined forces with the REINZ in opposing these two aspects of the Bill.”
17-02-2020 more >>

REINZ and NZ Property Investors Federation join forces on proposed RTA changes

The Real Estate Institute of New Zealand (REINZ) and the New Zealand Property Investors’ Federation have today announced that they are joining forces to challenge some of the proposed changes to the Residential Tenancies Act (RTA) which were announced by the government at the end of 2019.
16-02-2020 more >>

Misguided attempts to improve the housing situation

Today there have been calls to rehash the capital gains tax argument and restrict the ability for rental property owners to borrow funds. These are misguided calls.
14-02-2020 more >>

Official Cash Rate (OCR) remains at 1.0 percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment is at or slightly above its maximum sustainable level while consumer price inflation is close to the 2 percent mid-point of our target range. Low interest rates remain necessary to keep employment and inflation around target.
12-02-2020 more >>

Annual rent movement highest in 11 years

"High rental price increases should not come as a shock to anyone", says Andrew King, Executive Officer of the NZ Property Investors' Federation (NZPIF). "While Statistics NZ has pointed to the Healthy Homes legislation, this is only one change that has pushed rental prices higher."
25-01-2020 more >>

Setting and meeting goals

The Christmas period is a wonderful opportunity to take some time to think about long term goals. Back in December of 2009, I set a 10-year goal of stopping paid work and starting to travel more and take on new experiences. So that goal date was last month and boy has it come around quickly.
21-01-2020 more >>

Many changes in the rental property industry over the last few years

Many changes have occurred to the rental property industry over the last few years. The NZ Property Investors Federation has been extremely active in providing a voice for rental property providers. It has been hard work; however it is pleasing to start seeing some good results.
21-12-2019 more >>

Neighbours from hell will increase

A Christchurch motel owner has had to put up with what he describes as "neighours from hell", despite police, Corrections, the SPCA and dog control trying to help. The motel owner is the latest victim of antisocial tenants.
27-11-2019 more >>

All New Zealand will be affected by tenancy changes

Government has announced the changes they intend to make to the Residential Tenancy Act. We managed to get some wins, such as the rules around pets will not change and modifications that tenants can make to the property are minor and still need the landlord’s con
20-11-2019 more >>

Landlords will not be able to protect neighbours

Government has announced a raft of changes to the Residential Tenancies Act. The Minister has said he does not want to be seen to unduly punishing landlords. These changes do more than punish landlords however. They will punish anyone living next to a tenant with antisocial behaviour. 
17-11-2019 more >>

Already hard for landlords to protect neighbours

After more than seven months of trying to end a tenancy to protect neighbours, a Rotorua property manager has finally received approval from the High Court to end the tenancy.
15-11-2019 more >>

Official Cash Rate (OCR) unchanged at 1.00 percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment remains around its maximum sustainable level while inflation remains below the 2 percent target mid-point but within our target range. Economic developments since the August Statement do not warrant a change to the already stimulatory monetary setting at this time.
13-11-2019 more >>

Government considers extending failed HNZ policy to private rentals

Neighbours and communities around New Zealand are having their lives ruined by the antisocial activity of some Housing New Zealand (HNZ) tenants. Government is currently considering extending the policy to private rentals that allows this to happen. Many more neighbours will suffer if private landlords are not allowed to manage their properties effectively.
12-11-2019 more >>

Proposed change with potential huge impact

Imagine living next door to loud, obnoxious and potentially violent neighbours. If they were tenants then you might expect their landlord to do something about it and protect you.
07-11-2019 more >>

A tribute ot Foster Rudd - NZPIF President 1984-1986

It is with sadness we report the passing of Foster Rudd to whom we will always be grateful for the significant part he played in the establishment of the NZ Property Investors Federation (NZPIF)
25-10-2019 more >>

Neighbours at risk from uncontrollable tenants

Government is looking at changes to tenancy law that will make it harder for rental property providers to manage unruly tenants, many of whom make their neighbours' lives hell.
21-09-2019 more >>

Neighbours at risk from uncontrollable tenants

Government is considering changes to tenancy law that will make it harder for rental property providers to manage unruly tenants, many of whom make their neighbours lives hell. “The NZ Property Investors’ Federation (NZPIF) is extremely concerned that more neighbourhoods will become domestic war zones, as happened in Motueka, if the right to issue no stated cause notices is removed" said Andrew King, Executive Officer of the NZPIF.
18-09-2019 more >>

Kiwibuild reset a good idea

“The Kiwibuild reset is a good idea” says Andrew King, Executive Officer of the NZ Property Investors’ Federation (NZPIF). However, providing $400,000,000 of taxpayer money to get “up to” 4,000 people into home ownership appears to be a very expensive investment. How will the lucky 4,000 be chosen and what about all the others who aspire to home ownership?
04-09-2019 more >>

Latest ASB Housing Confidence Survey July 2019

Confidence has been rising over the last three months
26-08-2019 more >>


Results: 151-175 of 2,158

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