Otago Property Investors Association Inc

03 477 6220

otago@nzpif.org.nz

News & Updates

Recent updates

Tag: media release

  • 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 >>
  • 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 >>
  • 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 >>
  • Allocating liability for tenant damage to rental properties
    “The NZ Property Investors’ Federation (NZPIF) is extremely pleased that tenants are now at least partially responsible for the damage they cause to their rental property,” says Andrew King, Executive Officer of NZPIF.
    25-07-2019 more >>
  • Promised heating grants for tenants cancelled
    The Government announced today that grants of up to $2,500 for energy efficient heaters are now available as part of the Government’s Warmer Kiwi Homes programme. “We have discovered that these grants are available to people in lower-income areas or Community Services Card holders, but only if you are a home owner," says Andrew King, Executive Officer of NZ Property Investors Federation (NZPIF).
    19-07-2019 more >>
  • Less intrusion for tenants
    The NZ Property Investors’ Federation (NZPIF) is very pleased that their specialist rental property insurance supplier, Initio, has just increased for our members the required period between property inspections from three months to four.
    10-07-2019 more >>
  • Landlords committed to ensuring homes are warm this winter
    The organization that represents New Zealand landlords has welcomed survey results showing that more than 96% of its members’ rental properties have met the insulation deadline for rental properties.
    30-06-2019 more >>
  • New research confirms higher number of insulation compliant rentals
    Officials believe a third of all rental homes won't be insulated in time for the deadline next week. However preliminary results from a NZ Property Investors Federation (NZPIF) survey show that the real number of properties which are unlikely to meet the deadline is likely to be a lot lower.
    25-06-2019 more >>
  • The facts about the Accommodation Supplement
    The Child Poverty Action Group (CPAG) has called for Government to remove the Accommodation Supplement (AS) and significantly raise the incomes of all benefit recipients and low-wage workers. “CPAG claims that the AS keeps rental prices high however their own report disproves this” said Andrew King, Executive Officer of the NZ Property Investors’ Federation (NZPIF).
    11-06-2019 more >>
  • NZPIF applauds the Government decision not to introduce capital gains tax
    "The NZ Property Investors' Federation (NZPIF) applauds the decision not to introduce a capital gains tax" said Andrew King, Executive Officer of the NZPIF. "This tax would have no effect on the housing market except to make rentals more expensive. This would be unfair on tenants".
    17-04-2019 more >>
  • Costs increasing faster than rental prices
    The latest Consumer Institute cost of living survey shows that general costs in providing rental property have increased faster than rental prices. In addition, wage increases were 66% higher than rental price increases.
    04-03-2019 more >>
  • Warm, dry rentals are good
    Today the Minister of Housing announced that rentals which will require a minimum standard for heating, insulation, ventilation, moisture and drainage by 2024.
    24-02-2019 more >>
  • Tax change bad news for tenants
    The IRD states that in NZ, tax is applied to a person's net income and there are no restrictions on loss making from any source. However the Government is introducing a Bill to just ring-fence rental property tax losses.
    10-12-2018 more >>
  • Indirect payment of letting fees may be the unintended outcome
    Property managers are to be banned from charging tenants a letting fee from 12 December this year.
    15-11-2018 more >>
  • Domestic war zones will increase under proposed tenancy law changes
    A Motueka street has returned to normality after three years of turmoil caused by the actions of Housing NZ tenants in one rental property.
    06-11-2018 more >>
  • Tenants and landlords understanding each other
    “I am heartened by recent evidence that the Government wants to help landlords and tenants understand each other’s point of view" said Andrew King, Executive Officer of the NZ Property Investors' Federation.
    19-10-2018 more >>
  • Rental system is not broken
    “Landlords are very aware that housing in New Zealand is expensive and the CoreLogic data shows that they are doing their best to keep rental price increases as low as possible. This is completely opposite to the commonly held view that rental property providers are profiting at the expense of tenants”, says Andrew King, Executive Officer of NZ Property Investors’ Federation (NZPIF)
    20-09-2018 more >>
  • Rents haven't been outpacing property costs or peoples wages
    CoreLogic research analyst Kelvin Davidson writes: Residential property investors are clearly under the pump from the government at the moment, facing increased costs and regulatory pressures, including higher quality standards (e.g. insulation), increased tenant rights, and pending removal of negative gearing.
    19-09-2018 more >>
  • Rental property WOF
    The Green Party has today relaunched a campaign to introduce a rental property Warrant of Fitness.
    08-09-2018 more >>
  • Proposed standards need to be cost effective
    Government has released proposed standards for their Healthy Homes Guarantee Bill. This covers improved standards to rental properties that are additional to the rental property Minimum Standards Act that was passed in 2016.
    04-09-2018 more >>
  • A landlord's wish list
    “Government has outlined changes they want to undertake to help tenants, but the NZ Property Investors' Federation (NZPIF) would also like to see changes to help those providing rental properties,” says Andrew King, Executive Officer of the NZPIF.
    27-08-2018 more >>
  • Rent arrears are a big issue for the rental property industry.
    Andrew King says rent arrears are by far the largest reason for application to the Tenancy Tribunal.
    08-08-2018 more >>

  • Results: 1-25 of 116