Otago Property Investors Association Inc

03 477 6220

otago@nzpif.org.nz

News & Updates

Recent updates

Archive: 2018

Tax Working Group agrees property fairly taxed

We commissioned Financial and Economics Consultancy, Morgan Wallace, to review the study. Morgan Wallace produced a report showing that they had uncovered serious flaws with the TWG's study, leading them to conclude that apart from bank deposits, rental property is actually taxed at a higher rate than other asset classes.
01-07-2018 more >>

Emojis

Did you know that you can have 😎 in your email subject line? Test carefully, they don't look the same in every email reader but they're a way to make your emails stand out. Here's some to try out ❤ 📌 🎁 🎄 ❄ 🚘 🎉 🔥 🔴 🤔 ⏳ and here's a site to copy and paste from: emojipedia.org/
29-06-2018 more >>

OCR remains at 1.75 percent

Statement by Reserve Bank Governor Adrian Orr: The Official Cash Rate (OCR) will remain at 1.75 percent for now. However, we are well positioned to manage change in either direction - up or down - as necessary.
28-06-2018 more >>

Tax Working Group agrees property fairly taxed

A Herald article and an Editorial published over the past week have suggested that property is undertaxed and rental property owners are able to buy property more cheaply than owner occupiers. Both these claims are wrong, but it is not the fault of the writers.
27-06-2018 more >>

Reports and Downloads

You can now delete items from your Reports and Downloads list.
27-06-2018 more >>

OPIA Meeting with Michael Reece and AGM - 19 June 2018

Michael Reece is the guest speaker Forbury Park Function Centre - 7:00 for a 7:30 sharp start Michael will be speaking about: - Certificates of Acceptance - Safe and Sanitary Reports - What to do when you find illegal work has been done
19-06-2018 more >>

The correct facts about tax and rental properties

Westpac Economist, Dominick Stephens, says that property is more lightly taxed in NZ compared to other assets. He quotes a Tax Working Group study to make this claim. However financial consultants Morgan Wallace found large errors in the Group’s study and concluded that rental property is actually taxed more than other assets.
19-06-2018 more >>

Tax Working Group's property calculations questioned

The NZPIF made a submission to the Tax Working Group (TWG)who appear to have a directive to recommend a Capital Gain Tax in NZ.
01-06-2018 more >>

Advice from Tenancy Services on preventing subletting of rental property

Landlords may not be able to prevent tenants using their rental property for temporary rental accommodation, such as Airbnb, unless they specify this in their tenancy agreements.
30-05-2018 more >>

Chief scientist recommends higher safe meth level

The New Zealand Property Investors' Federation welcomes Sir Peter Gluckman's report into the negative health effects of methamphetamine (meth).
29-05-2018 more >>

Report from Chief scientist shatters earlier theories regarding meth contamination

A bombshell report says there is no risk to humans from third hand exposure to houses when methamphetamine has been consumed.
29-05-2018 more >>

Short supply of houses increases rents and creates working poor

"The last few years have seen record population growth which has caused a sudden need for extra housing" said NZPIF Executive Officer, Andrew King
28-05-2018 more >>

Residential landlords and asbestos

Today policy clarification was published which sets out WorkSafe’s view of HSWA in relation to residential landlords.
25-05-2018 more >>

Latest ASB Home Loan Report

The ASB view is that the OCR is likely o remain on hold until August 2019
24-05-2018 more >>

Latest ASB Housing Confidence Survey

Normal service looked to be returning following post September 2017 General Election weakness, according to our latest ASB Housing Confidence Survey.
22-05-2018 more >>

Trend of rising rents continues

Just released April rental statistics show that New Zealand rental prices have continued to grow over the past year.
21-05-2018 more >>

Time to get rid of older ionisation-type smoke alarms

It’s a good time to upgrade your smoke alarms as Consumer NZ recommends that older ionisation-type smoke alarms should no longer be sold.
21-05-2018 more >>

Grant Robertson delivered few surprises for the property market in his first budget.

Nick Goodall, head of research at CoreLogic New Zealand, weighs in on the 40% increase across housing in the new 2018 budget
17-05-2018 more >>

OPIA Meeting with Daryl Fisher - 15 May 2018

Daryl Fisher has grown his portfolio since 1980 to include diverse investments from dairy farming, the kiwifruit industry, ski chalets, rental property and holiday units on both sides of the Tasman. Daryl is both a former regional representative and former President of the New Zealand Property Investors Federation.
15-05-2018 more >>

The Official Cash Rate (OCR) remains at 1.75 percent

Statement by Reserve Bank Governor Adrian Orr:
10-05-2018 more >>

Introducing MyRent, the answer to every landlord's dilemma

The rental market in New Zealand is about to undergo a period of massive transformation, that may see a number of landlords decide to quit the market entirely. How then should landlords manage their expenses and properties in the most cost-effective way?
01-05-2018 more >>

Sharon Cullwick, new NZPIF President

I'm very pleased to let you know that Sharon Cullwick has been elected as President of the NZ Property Investors' Federation, taking over from Terry le Grove.
01-05-2018 more >>

Questioning the Tax Working Group's property calculations

The Tax Working Group (TWG) appears to be showing an unbalanced approach to rental property investment, by using incorrect calculations and inconsistent assumptions to assess relative tax rates for different asset classes.
20-04-2018 more >>

How to get the most out of an accountant

Amanda Watt explains there is a lot you can do to reduce your accounting costs. You also need to consider what other value you might get from your accountant.
18-04-2018 more >>

Bright Line test is now in force

It will likely have passed by many people, however the Bright Line Test has passed through Parliament and received royal accent on 29 March so is now law.
18-04-2018 more >>


Results: 51-75 of 95

Sponsors & Partners