Otago Property Investors Association Inc

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otago@nzpif.org.nz

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Recent updates

Otago News

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 >>

RTA amendment Bill finally passes

It was great news that the RTA Amendment Bill was finally passed and came into law on the 31 of July 2019. The Bill improves the situation for three key issues. Tenants liability for damage, unlawful dwellings and methamphetamine.
19-08-2019 more >>

Home Affordability is improving according the the June Massey University report

Home affordability has improved driven by decreasing house prices, lower mortgage interest rates and increases in incomes
16-08-2019 more >>

Official Cash Rate (OCR) reduced to 1.0 percent

This statement was made by the Reserve Bank Governor today
07-08-2019 more >>

Residential Tenancies Amendment Act (No2) passed

This Act was passed on 30 July.
02-08-2019 more >>

New research shows increased population pushes up house prices but share of migrants does not

There has been widespread concern that strong increases in immigration flows have caused a housing crisis in New Zealand.
31-07-2019 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 >>

Ringfencing: Bad law but good for some

Last month Government passed legislation removing the right to offset rental losses against the tax paid on other income. It comes into effect immediately.
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 >>

Period between property inspections increased from 3 -4 monthly by Initio - an exclusive member-only benefit

The New Zealand Property Investors Federation is pleased to announce that our insurance partner, Initio, has added an exclusive member-only benefit that increases the required property inspection period from 3 monthly to 4 monthly.
08-07-2019 more >>

Noel Leeming deal for NZPIF members to keep you safe and smart

From 9 -22 July you can purchase all smart home, smart security and smart light products for cost +5%
07-07-2019 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 >>

The Official Cash Rate (OCR) remains at 1.75 percent.

The Reserve Bank Governor said that given the weaker global economic outlook and the risk of ongoing subdued domestic growth, a lower OCR may be needed over time to continue to meet our objectives.
26-06-2019 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 >>

A complete plants package - without a hefty price tag

Landscaping supplies can cost you an arm, and a leg as well as your patience. Adding up the price of plants, the time deciding which plants are right for the environment, not to mention the to-ing and fro-ing, loading and off-loading – well, it can leave more than your budget broken. So, we were pleasantly surprised when we discovered there's something like flat pack furniture, but for the outdoors. In short, it's a complete (and affordable) plants package that provides you with what you need to create an entire garden, including plants, shrubbery, flowers and trees.
20-06-2019 more >>


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