Otago Property Investors Association Inc

03 477 6220

otago@nzpif.org.nz

News & Updates

Recent updates

Archive: 2016

Bunnings insulation installation scheme

You can now come in to Bunnings stores and request a quote to have new insulation installed in your rental properties and homes that will comply with the new laws. It’s that easy!
26-07-2016 more >>

Get unlimited fibre broadband for less than$2.50 a day

Since the announcement of our partnership, MyRepublic have been inundated with enquiries from members interested in getting fibre at home, at their rental properties for tenants and at the office.
25-07-2016 more >>

Simple solutions to your decorating needs from Guthrie Bowron

Guthrie Bowron is New Zealand’s decorating specialists, and are proud to have been a trusted New Zealand brand since 1896.
25-07-2016 more >>

ANZ Property Focus

Here is a free resource form ANZ that will keep you in touch with the latest developments in the property market - and what may happen in the future. From a quick overview of market trends to in-depth reviews of key issues, the Property Focus is essential reading for anyone interested in the property market.
24-07-2016 more >>

Meeting Scanner

There is now an app to scan members into meetings. Lots of good reasons to do this. Very easy, just get your greeters to load the app onto their phones, setup their membership card with their email and they're good to go. [Read More]
22-07-2016 more >>

Commercial Investors

Interested in Commercial Property Investing? Want to hear more or interested in a good night out? Come along to Forbury Park 7-7.30pm start and hear Jim Packer speaking about Commercial sales and leasing and what is involved. Trish Keen speaking about the good and bad lessons learnt from commercial and residential property. An OPIA member is to speak of his experiences as an experienced commercial property owner and developer. Alice Sanders is a Commercial Property Lawyer with Downie Stewart who will help you to understand the legal obligations involved with leasing or owning Commercial property.
19-07-2016 more >>

RBNZ proposes change to loan-to-value restrictions taking effect on September 1

The Reserve Bank has today released a consultation paper proposing changes to loan-to-value restrictions (LVRs) to further mitigate risks to financial stability arising from the current boom in house prices.
19-07-2016 more >>

Reserve Bank restrictions hurt tenants and small investors

One of the Reserve Bank's tasks is to keep inflation between 1% and 3%. It appears that the purpose of the LVR tightening is to allow the Reserve Bank to lower interest rates, thereby stimulating the economy and lowering the NZ dollar.
19-07-2016 more >>

Responding to Brian Fallow's opinion piece in NZ Herald Friday 15th July

Brian Fallow's extraordinary opinion piece against rental property owners demands a reply. His view has been fixed since he became a journalist and there appears to be no way that they will change. However New Zealand deserves to hear the complete story.
15-07-2016 more >>

Labour's housing policies won't help tenants

Last week Labour leader, Andrew Little, said he was announcing new measures that he maintained were aimed at traders and speculators, not investors providing rental accommodation. Labour is proposing to target rental property owners with an extension to the Bright Line Test and by banning negative gearing.
10-07-2016 more >>

Labour's focus is correct

When asked by a journalist yesterday if any of Labour’s housing announcements would target investors, Andrew Little clarified that they would target speculators, "those looking to for short term gain in the housing market."
08-07-2016 more >>

Rental property providers threatened

The Reserve Bank has stated that housing supply is the real issue in house price increases. However because they cannot influence supply, they are threatening rental property providers with tighter Loan-to-Value Ratios (LVRs) and Limits on Debt-to-Income ratios (DTIs).
07-07-2016 more >>

Get you rinfo on the NZPIF app

A key benefit of belonging to a Property Investors’ Association is access to special pricing deals by a number of companies. You can save money on a variety of goods and services that all property investors need, including DIY products, insurance, mortgages, smoke alarms and various subscriptions to data.
07-07-2016 more >>

Association Pages on the Members App

A guide to how to set them up, how they look and what to watch out for.
06-07-2016 more >>

Are we shooting at the wrong target?

Following QV's monthly housing report released today, the Prime Minister’s advice to further hinder the provision of rental properties in New Zealand is misguided.
05-07-2016 more >>

Residual meth in our rentals

Andrew King, Executive Officer of the NZPIF, looks into the facts behind the media hype
03-07-2016 more >>

$1b fund to accelerate housing infrastructure

The Prime Minister today announced a new $1 billion Housing Infrastructure Fund to accelerate the supply of new housing where it’s needed most, Finance Minister Bill English and Building and Housing Minister Dr Nick Smith say.
03-07-2016 more >>

NZPIF in the news in May and June

Over May and June, Andrew King has been interviewed by representatives of the media on a number of occasions. First of all he was asked for comment on the housing aspects of the 2016 Budget. Then the change of the Tenancy law requiring minimum standards for rentals became the hot issue as the end of June approached.
01-07-2016 more >>

Warmer, drier, safer rental law kicks in

Tenancy law changes covering smoke alarms, insulation, enforcement of standards and property abandonment come into effect tomorrow, Building and Housing Minister Dr Nick Smith says
30-06-2016 more >>

CoreLogic NZ Event

Shane Berryman, Client Manager for CoreLogic NZ will be presenting new research commentary on the Dunedin and Otago markets and discussing local/NZ property trends. He will also cover off how CoreLogic NZ is helping their clients turn knowledge into actionable insights. You may already be familiar with the CoreLogic products and services and taking advantage of the RPNZ offer available to all OPIA members - $80.00 excl GST per month, normally $200.00 excl GST per month*. RPNZ is an invaluable daily tool to help estimate your potential returns, keep an eye on the market and uncover new opportunities. For those members already using RPNZ, Shane will be available before and after the presentation to have a chat about any queries you may have. If you haven’t yet registered for RPNZ under the special OPIA deal, or would like more information on it: everything you need to know can be found here http://www.nzpif.org.nz/items/view/57578
28-06-2016 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
26-06-2016 more >>

Annual General Meeting - Landlord of the Year 2015, Angela Strang

Welcome to the 42nd Annual General Meeting of the OPIA. Following on from the AGM we will hear from Angela Strang of Southland who won the MBIE Landlord of the Year competition in 2015. Angela started investing at an early age and now has a solid property portfolio which has enabled her to become the mistress of her own destiny. As the oldest child of a solo parent on the domestic purposes benefit, she developed self-reliance and an entrepreneurial bent at a young age. In the past, those traits have led her to drive tractors in the UK and put in the hard yards in Western Australia’s tough mining industry. But these days they serve her well as she manages, maintains and further cultivates her investment property holdings. Looking forward to seeing you at Forbury Park Function Centre on Tuesday 21st June, networking from 7.00pm with the formalities of the evening commencing at 7.30pm. Thank you to our major sponsor, ANZ bank for providing the raffle prizes. Bring along your small change or eftpos will be available for you to buy your raffle tickets. Proceeds go towards purchasing resources for our members. The library will be on display - feel free to browse through and select the books you wish to take away with you or return the books you have at home.
21-06-2016 more >>

Big price reductions on heating from Infracomfort

It is worth looking at the heating options offered by Infracomfort. They have reduced pricing and have a new product to offer.
20-06-2016 more >>

New relocation grant available from Monday

Grants of up to $5000 to cover costs involved in moving from Auckland will be available from Monday, 20 June, for eligible people who may want to relocate to other areas of the country but find cost a barrier.
17-06-2016 more >>

Law change proposed to address 'P' house problem

National MP Andrew Bayly is proposing changes in the law to address the problem with methamphetamine-contaminated houses.
15-06-2016 more >>


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