Otago Property Investors Association Inc

03 4776-220

otago@nzpif.org.nz

News & Updates

Recent updates

Archive: 2016

NZ Standards for Meth - public consultation and NZPIF policy

The draft NZ Standard for meth is now open for public consultation. Submissions close on 20 February 2017.
21-12-2016 more >>

PM announces new Cabinet line-up

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.
18-12-2016 more >>

Positive end to the 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.
07-12-2016 more >>

Prime Minister John Key announces resignation

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.
05-12-2016 more >>

Central Otago - Christmas in Property

Come along to the Golden Gate Lodge - hear from General Manager Glen Christiansen about their major commercial redevelopment project. Jordana Whyte from the Cosy Homes project wants to make sure everyone in Central Otago lives in a warm and healthy home. Chris Helm from Ellis Fibre will explain the new insulation regulations for rental properties and give you information on the option made locally - Technobond a polyester fibre product. Milton Sperring (OPIA Member) will talk about his property investing experiences and other passions. Bring along any unwanted curtains, Jordana is collecting them for the Curtains Bank - all donations welcome. For catering purposes please register with Naomi at opia@opia.org.nz or phone 03 477 6220
24-11-2016 more >>

More social housing for Auckland

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.
23-11-2016 more >>

Proposal for an Osaki remedy

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.
18-11-2016 more >>

Andrew King updates members on meth contamination.

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.
18-11-2016 more >>

Mitre 10 - OPIA Christmas Walking Tour

Welcome to the Mitre 10 - OPIA Christmas Walking Tour Please meet at 44 Dundas Street - the location of a development under construction by OPIA member Mark Thom. Depending on the weather ..... that we cannot control ... The evening and Tour will conclude at the iconic Captain Cook Tavern - for supper and a chat
17-11-2016 more >>

MBIE investigation into building performance

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.
17-11-2016 more >>

Reserve Bank reduces OCR to 1.75 percent

Statement by Reserve Bank Governor Graeme Wheeler:
10-11-2016 more >>

Government injects another $300m into emergency housing

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.
07-11-2016 more >>

Osaki change being considered by Government

The NZ Property Investor's Federation annual conference was recently held in New Plymouth and was an outstanding success.
07-11-2016 more >>

Accounting Updates and Xero Accounting System

Ben Mc Cormack from Keogh Mc Cormack is holding an Accounting update Evening. Do you use the Xero Accounting system or want to learn more? Unsure about what you can claim for on your tax return - or other questions? here is your chance to ask an accountant. Please register at opia@opia.org.nz or leave a message on 477 6220 space limited to 35
03-11-2016 more >>

President Terry le Grove's report to the AGM of the NZPIF 14 October 2016

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.
28-10-2016 more >>

Mortgages and You

Interested in purchasing a (another) rental property - confused about the new borrowing regulations. Come along and hear Daryl Taylor from MortgageMe Daryl as a mortgage adviser has helped over 200 clients borrow in excess of 500 million dollars over the past 12 years. He is a student landlord, business owner and authorised financial adviser.
27-10-2016 more >>

ANZ/NZPIF Survey 2016 - key findings released in October

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
21-10-2016 more >>

Bunnings Hosted Evening

Come along and join the staff at Bunnings Warehouse on Tuesday 18th of October from 5.30 for a 6pm sharp start. There will be demonstrations and a great line up of suppliers, including Kaboodle Kitchens and Fairview Windows, Trade Innovations and We-install Insulation Scheme ... watch out for further updates
18-10-2016 more >>

Tenancy law change on damage claims being considered

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.
15-10-2016 more >>

Hundreds helped into housing independence

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.
09-10-2016 more >>

Harvey Norman commerial special deal to OPIA members

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.lee@nz.harveynorman.com - or visit the Harvey Norman Commercial showroom in Christchurch or Queenstown.
07-10-2016 more >>

Tenants' liability for damage 2

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.
07-10-2016 more >>

Ending a Tenancy: What is Expected

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.
03-10-2016 more >>

Insurance updates and Osaki

Mike Fuller from Crombie Lockwood is to speak about Insurance Updates. Heard about the Osaki Case and want to learn more? Careless vs intentional damage caused by tenants! What if the landlord damages tenants property? This is your chance to ask an expert
27-09-2016 more >>

An update on tenants' liability for damage

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.
23-09-2016 more >>


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