Otago Property Investors Association Inc

Phone: 03 477 6220

Email: otago@nzpif.org.nz

News & Updates

Recent updates

Archive: 2017

Finding a value for sunshine

It is a truth commonly acknowledged that a house that gets more exposure to sunlight is more attractive, especially in ‘temperate’ climates like New Zealand’s. Until now, however, the value of that sunshine has not been calculated.
29-06-2017 more >>

New meth contamination and testing standard

New Zealanders will be able to better manage the risks of methamphetamine in residential properties following the release of a new standard, Building and Construction Minister Dr Nick Smith and Commerce and Consumer Affairs Minister Jacqui Dean say.
29-06-2017 more >>

New NZ Standard for meth contamination released today

The NZ Property Investors' Federation is very pleased to see the release of the NZ Standard for meth contamination today” said Andrew King, executive officer
29-06-2017 more >>

Your Roof your Plumbing and your Rental

With all this rain is your roof still waterproof? Warren Macnee of Promax Roofing has lots to share - different roof coatings and options, ways to make sure your rental property and its roof stays protected for longer. Duane Pleace is an OPIA member and plumber. He is to speak about his property and plumbing related experiences. If you have any plumbing related questions for Duane please email opia@opia.org.nz and he will answer them.
29-06-2017 more >>

Insulation grants extended till end of June 2018

The Government has extended the eligibility for Warm Up New Zealand: Healthy Homes insulation grants to include low-income home owners in addition to landlords with low-income or high health need tenants, Energy and Resources Minister Judith Collins says. Warm Up New Zealand programme extended until the end of June 2018.
28-06-2017 more >>

OCR remains unchanged at 1.75 percent

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Global economic growth has increased and become more broad-based.  However, major challenges remain with on-going surplus capacity and extensive political uncertainty.
23-06-2017 more >>

Seminars for landlords and tenants

Renting seminars are returning in 2017 to help landlords and tenants better understand changes to tenancy laws and how to put them into practice.
21-06-2017 more >>

NZPIF is very pleased to announce a new business partnership - with GForce We Install

G-Force We Install specialises in providing a nationwide insulation and smoke alarm assessment, supply and installation service for rental property owners and managers to ensure that their properties meet the new requirements of the Residential Tenancy Act (RTA).
19-06-2017 more >>

Cladding rule changes make NZ high-rises safer

New Zealand is less exposed to the risks of fire as a result of combustible claddings on high-rise buildings due to these products being restricted earlier this year, Building and Construction Minister Dr Nick Smith says.
16-06-2017 more >>

OPIA Office closed

The OPIA Office will be closed on Wednesday 14th June Thursday 15th June If you need any help, support, information, smoke alarms or tenancy agreements Please email the OPIA on opia@opia.org.nz or leave an answerphone message on 03 4776220 and The President will get back to you within approx. 24 hours. If you can be on call to help cover office opening times please email The President on opia@opia.org.nz Thank you
15-06-2017 more >>

Avoid being scammed

The TINZ stress test for tenant checks is better than ever
15-06-2017 more >>

43rd AGM 2017 & Speaker Andrew Bruce - property investor

43rd Annual General Meeting of the OPIA is to be held on the 13th of June 2017 at Forbury Park. Starting at 7.30 pm. Come along and hear Auckland Property Investors' President Andrew Bruce. Andrew began property investing in 1996 and balances cash flow and capital gain properties. He holds Auckland houses and apartments, property in Hamilton and Rotorua. A supporter of owning property as it is tangible asset and you can add value to it. To balance and de-stress his life Andrew plays sports, completed the Taupo iron man, and has adventure cycled around Asia including 1200 km journey in Tibet and up to Everest base camp.
13-06-2017 more >>

Minister welcomes DTI consultation

Finance Minister Steven Joyce has today welcomed the release of the Reserve Bank's consultation document on the use of Debt to Income ratios for mortgage borrowers as an additional macro-prudential tool.
10-06-2017 more >>

Reserve Bank publishes consultation on debt to income (DTI) limits

The Reserve Bank today published a consultation paper seeking feedback on serviceability restrictions such as debt to income (DTI) limits being added to its macro prudential toolkit.
09-06-2017 more >>

Labour's tax policy 2

In the April I wrote about Labour confirming they would remove the ability to deduct tax losses from property against other forms of income. Unfortunately they recently made it official at their annual conference.
09-06-2017 more >>


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