Otago Property Investors Association Inc

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News & Updates

Recent updates

Archive: 2017

Pessimism in the housing market according to new ASB Housing Confidence Survey

The new report prepared by Kim Munby ASB economist says that Price expectations continue to fall around New Zealand.
15-05-2017 more >>

Investors' tax benefits overstated

Labour has announced that they are removing the ability of rental property providers to offset losses. They call it a speculation tax loophole, but it is a tax provision available to all investments.
14-05-2017 more >>

Property the biggest non-export industry in New Zealand

A new Property Council report confirms the economic importance of both commercial and residential property
11-05-2017 more >>

Selwyn Mexted's new book reveals all about his real estate money machine

Richard Woodd writes about the man, his new book and how it can assist you to create wealth through property.
10-05-2017 more >>

Selwyn Mexted launches book

NZPIF President Terry le Grove was the introductory speaker at Selwyn Mexted's book launch in Hamilton on 9 May.
10-05-2017 more >>

Homes are more affordable

An NZPIF study shows that while it is hard for first home buyers to get into their first home, it has always been this way.
09-05-2017 more >>

Methamphetamine - managing the risk

As a landlord, it's important to know your responsibilities around methamphetamine contamination - both for your tenants' safety, and to ensure that you're adequately covered. David Begg from Pure Services has an excellent presentation for landlords which will give you vital important information about Meth. This is an issue that we all need to know about. It’s not going away, in fact it is becoming more prevalent in society. Larry Greene from Betta Inspect It will give you an overview of how to test for Meth in your properties.
09-05-2017 more >>

Homes are more affordable

There continues to be a large number of media articles talking about the "housing crisis" and people being tenants for life. I'm sure that the people saying that home ownership is not achievable for young people are doing this with the best intentions, but they are giving these people the wrong message.  Ironically, by trying to stand up for first home buyers they are likely putting them off even trying to achieve their first home.
03-05-2017 more >>

Will coastal properties become ineligible for insurance?

A new report by Motu Economic and Public Policy Research explores the effects of climate change on insurance.
01-05-2017 more >>

Well maintained properties make good sense

“The NZ Property Investors' Federation promotes good maintenance of rental properties to its members. This makes good business sense as tenants of well-maintained properties are likely to stay longer, meaning lower vacancy rates,” says Andrew King, Executive Officer.
27-04-2017 more >>

Lowering the cost of installation for landlords

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).
17-04-2017 more >>

Housing Foundation research on benefits of transitioning people into affordable home ownership

To our knowledge this is the first time that this research has been done in New Zealand. The FCSPRU report looked at 120 international studies and shows that there are statistically significant benefits to home ownership in health, employment, crime, welfare, economic and education outcomes
12-04-2017 more >>

It's always hard to buy a home

“Many people claim that housing has never been less affordable and that it is an impossible dream for today's young people”, says Andrew King, Executive Officer of the NZ Property Investors’ Federation. “While these well-meaning people believe they are standing up for young first home buyers, they may in fact be doing them a disservice.”
12-04-2017 more >>

NZPIF Landlord of the Year 2016 Kathryn Seque & OPIA Sponsor Total Carpet Services Dave Pile

Kathryn Seque is the 2016 NZPIF Landlord of the Year. Since then she has been asked to speak throughout NZ about her investing experiences. Come along and hear some of the things she does to build positive relationships with her tenants, avoid the Tenancy Tribunal and keep repair costs as low as possible. Its not all plain sailing but it is a rewarding business. Dave Pile - Total Carpet Services is an OPIA Sponsor. He help landlords protect their carpet asset and will talk about stain and odour removals, Flood clean up and keeping Showers clean and sparkling. Learn how to look after your assets even if tenants make it challenging. Bring along your change - Easter Raffle $2 per ticket or $5 for 5
11-04-2017 more >>

Government releases EOI for Christchurch transfer

Today the Government issued an Expression of Interest to Community Housing Providers interested in taking over ownership of up to 2500 social houses in Christchurch. As part of this deal, the new provider will be required to provide at least 150 additional new social housing places.
10-04-2017 more >>

RMA reform Bill committee stage being debated

Parliament will today debate the committee stage of a Bill that is the second phase of the Government’s substantial reforms to the Resource Management Act (RMA), Environment Minister Dr Nick Smith says.
04-04-2017 more >>

This time is different - cooling property market and higher interest rates

This monthly ANZ Property Focus publication provides an independent appraisal of recent developments in the property market.
03-04-2017 more >>

Labour looks to restrict negative gearing for rental properties

Labour leader Andrew Little has confirmed that in addition to increasing the Bright Line Test for rental property from two to five years, Labour will also remove negative gearing for rental property.
03-04-2017 more >>

Hyde Street Party

The OUSA have sent thru the following information about the arrangements for this years HYDE STREET PARTY OUSA encourage your tenants to dispose of any outdoor items that might be a fire hazard or cause congestion. OUSA would appreciate if you could also make time to visit your property on March 31st to ensure that all items of concern are removed. On the day there will be 45 security present. If you feel you would like to take further precautions to protect your property SPS Security would be more than happy to contract this with you. The person to do this through is Danny at SPS Security spssltd@xtra.co.nz or 0274885226
01-04-2017 more >>

Home building consents up in February

Home building consents rebounded in February 2017, but were up only slightly from February 2016, Stats NZ said today. A total of 2,418 new homes were consented in February 2017 – up 1.6 percent from February 2016.
31-03-2017 more >>

Watch a monthly undate from Jonno Ingerson of CoreLogic

This is the property and economic update for March 2017
27-03-2017 more >>

New landlord for 1140 Tauranga HNZ tenants

From next month, Accessible Properties will take over 1138 social houses and tenancies owned by Housing New Zealand. “This is the first regional, large-scale transfer of Government-owned social houses to a community housing provider. They are a major plank of our plan to improve social housing,” says Social Housing Minister Amy Adams.
24-03-2017 more >>

Official Cash Rate (OCR) unchanged at 1.75 percent

A statement by Reserve Bank Governor Graeme Wheeler
23-03-2017 more >>

Mitre 10 Heating Expo

A different format Hosted Event for OPIA members to attend. Choose the day most convenient for your work and family schedule and visit Mitre 10 Mega. DON'T FORGET to take your OPIA MEMBERSHIP CARD. They are holding a HEATING EXPO plus an EXCLUSIVE YOU CHOOSE THE DISCOUNT 3 day SALE! Pick up your FREE Gift & Discount Sheet in store from Friday 17 March. Plus get advice from our experts over the weekend on the best heating solution for your Investment Property! More details to follow - so put the date in your diary.
19-03-2017 more >>

Minister welcomes first landlord conviction under new law

Building and Construction Minister Dr Nick Smith has welcomed the Ministry of Business Innovation and Employment’s (MBIE) Tenancy Compliance and Investigations Team’s first successful prosecution of a landlord for renting a substandard property, under the Government’s tenancy law reform passed last year.
17-03-2017 more >>


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