Otago Property Investors Association Inc

03 477 6220

otago@nzpif.org.nz

News & Updates

Recent updates

Archive: April 2016

Building investment at a record high

Building is at a record high, with consents of $13.6 billion of residential and commercial work across New Zealand for the year to 31 March 2016, the largest investment ever in both nominal and real terms, new building consent data out today shows.
29-04-2016 more >>

Official Cash Rate unchanged at 2.25 percent

Statement by Reserve Bank Governor Graeme Wheeler
28-04-2016 more >>

Aburns Glass Hosted Event

Aburns Glass provide a crystal clear single or double glazed view of the world. They are glaziers, glass merchants and auto glass specialists who offer an extensive range of glass products and services. Aburns Glass Industries was established in 1898 by Samuel F Aburn, at its foundation the company was situated in the same block as the OPIA office at 389 Princes Street. In 1927, Aburns Glass opened a plate glass factory on the corner of Carroll and Hope Streets where glass beveling, mirror and leadlight manufacturing and glass bending was carried out. Come along and be be-dazzled. Register now as numbers are limited and priority will be given to OPIA current members.
26-04-2016 more >>

Tenants win $7,500 from landlord for P contamination

A landlord who unwittingly bought a rental property contaminated with meth has had to refund the tenants the rent they had paid.
25-04-2016 more >>

NZPIF app now live on iPhones and Android phones

This new NZPIF app can be downloaded free and is designed to give members of Property Investors' Associations easy access to information about all the benefits to which they are entitled.
24-04-2016 more >>

Coffee Club

Coffee club, started by Johnny Van Leeuween, attended by Brent Mathews and Andrew Morton most months. Andrew is now administering to enable members who like a chat about any property subject within a small informal group. Held last Sunday month Feb - Nov, at Plaza Café, situated on the University Plaza adjacent to the Forsyth Barr Stadium. If you would like to attend please email a.p.morton@xtra.co.nz
24-04-2016 more >>

Minimum standards confirmed

The Minister of Housing, Nick Smith, has announced the final look for regulations introducing minimum standards for rental properties. The actual title of the Bill is the Residential Tenancies Amendment Act.
23-04-2016 more >>

Landlords' requirements for insulation and smoke alarms

Here are more details about the new requirements for insulation and smoke alarms in all residential tenancies if the Residential Amendment Act is passed into law.
23-04-2016 more >>

Central Otago Group

Welcome along to a seminar which will introduce you to the business partnerships, members discounts that are on offer, resources available to property investors and hear about what is new in Central Otago. There are several developments in the pipeline in Cromwell, Wanaka and Queenstown areas. Learn how you can become involved in this booming market, what to look out for, the current trends if you are building for investment. This should be a fantastic evening catching up with familiar faces and establishing new connections with likeminded individuals. Please register online and we look forward to meeting you soon.
20-04-2016 more >>

Trade Expo - Meet Our Business Partners & Tradespeople

Make a point of joining our business partners, tradespeople and advertisers for a closer look into the new products and services that they offer, also more efficient ways of going about your renovations. There will be ample opportunity to chat with the presenters and some great prizes to be drawn.
19-04-2016 more >>

Overloading primary cause of Dunedin balcony collapse

An investigation by the Ministry of Business, Innovation and Employment into the collapse of a Castle Street balcony during a music concert on 4 March 2016, which resulted in injury to several students, has found the primary cause was overloading, Building and Housing Minister Dr Nick Smith said today in releasing the report.
14-04-2016 more >>

Adding insulation not cost effective

Over the last month or so, the NZPIF has attended workshops on the Residential Tenancies Amendment Act, more commonly known as "Minimum Standards for Rental Properties". We have also made two written submissions and attended a select committee hearing on the Bill.
10-04-2016 more >>

Home affordability report from Massey University

A 9.2% improvement in affordability is a key point in Massey University's latest Home Affordabilty Report
08-04-2016 more >>

What does the new Health and Safety at Work Act 2015 mean to landlords?

The Health and Safety at Work Act 2015 (the Act) came into effect this week. It is a complicated piece of legislation as it has to apply to many different circumstances throughout the country.
05-04-2016 more >>


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