Otago Property Investors Association Inc

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Recent updates

Archive: 2020

Amalgamation of Property Investors Associations in Wellington announced

The New Zealand Property Investors Federation (NZPIF) is delighted to announce the amalgamation of Capital and Wellington Property Investors Associations. The new association will continue under the name of Wellington Property Investors Association.
04-12-2020 more >>

Separate division of the Tenancy Tribunal essential

The latest figures for the Tenancy Tribunal have been released for November. The statistics show that the majority of applications to the Tribunal are made by landlords and are for rent arrears and bond refunds.
03-12-2020 more >>

ANZ sees some cooling in the housing market in time - November Property Focus

Housing demand has remained strong, spurred by low mortgage rates and a speculative dynamic but ANZ does not think this is sustainable
26-11-2020 more >>

Catch up with maintenance with Daich Coatings

Spring has sprung and summer is almost upon us. The holiday break is an excellent time to catch up on maintenance and it may come as a surprise that some of those tasks in the too hard basket may be easier than you think.
18-11-2020 more >>

Christmas Dinner

Come along to our 2020 Christmas dinner and the very popular Ironic Cafe. This year we have a 3 Course dinner (Plus breads and dips starter) and the OPIA is discounting this to only $50 each for members and non-member will be the full price of $64.50. This is always a great event and every year it is getting more popular so get in quick to avoid disappointment, there is limited seats. There is vegan, GF, DF and Vegetarian options available. You will need to pre order for this event to make sure your email is correctly given so once the summer menu is locked in we can email you the option for you to order from prior to the night. ONLINE REGISTRATIONS ARE NOW CLOSED IF YOU WISH TO ATTEND PLEASE EMAIL PRESIDENT@opia.org.nz
17-11-2020 more >>

Nick Gentle- His investor story

13 October 2020 7pm for 7.30 start Chisholm Park or Zoom Online Nick is a fellow Property Investor and co-owner of Investment Property Buyer's Agency iFindProperty. In the last 4 years, Nick has built up a portfolio that generates 6-figures in passive income. He did this in a city that he visits 2-3x per year, mostly after the boom and LVR restraints had arrived and while spending more than half of each year overseas (his wife runs a business in Japan). Nick will share lessons he learned along his journey.
13-10-2020 more >>

An education program for landlords by landlords

After calls for regulation of the rental property industry earlier this year, the New Zealand Property Investors’ Federation (NZPIF) has developed an education program designed specifically for self-managing landlords, who make up 60% of all property managers.
08-10-2020 more >>

Relief for tenants

The NZ Property Investors Federation is extremely pleased that National is looking to provide more homes for tenants, while better protecting all New Zealanders from living next to antisocial tenants.
06-10-2020 more >>

OCR is being held at 0.25 percent

The Monetary Policy Committee agreed to continue with the Large Scale Asset Purchase (LSAP) Programme up to $100 billion. This action is necessary to further lower household and business borrowing rates in order to achieve the Committee’s inflation and employment remit. The Official Cash Rate (OCR) is being held at 0.25 percent in accordance with the guidance issued on 16 March.
24-09-2020 more >>

Tony Alexander- Ex BNZ Economist

Tony will be our speaker for the evening ex BNZ Economist. More info to come but you can read his latest newsletters at: http://www.tonyalexander.nz/publications.php He has been doing these updates since he left BNZ and is now an independent economist and is now talking all over NZ. He was a main speaker at the NZPIF conference in 2019 and was fantastic. With the election a few days prior hopefully we will know the outcome and Tony can comment on what he thinks NZ moving forward entails.
22-09-2020 more >>

Tony Alexander- Ex BNZ Economist (ZOOM MEETING)

The registrations for this online event are now CLOSED. You can still register to come in person.
22-09-2020 more >>

Rigorous deadlines and paperwork for HHS

The Healthy Homes Standards (HHS) were introduced to ensure there would be minimum standards for heating, ventilation, insulation, moisture ingress and drainage, and draft stopping in all rental properties. All private rental houses must comply within 90 days of any new or renewed tenancy after 1 July 2021
22-09-2020 more >>

September newsletter from Tenancy Services

This newsletter covers updated guidance document for moisture ingress and drainage, how to avoid bond refund delays, an online tool to work out when you can give notice to end a tenancy and translated information for new tenants.
15-09-2020 more >>

Mitre10 Mega Healthy Homes Mini Trade Night

15th Sep 2020 6pm Start Chisholm Park Come to a night of deals put on by our amazing sponsors Mitre10 Mega. They will have reps available to speak about all things healthy homes and get your rental ready for the new laws. Click the event to see the full advert.
15-09-2020 more >>

Andrew King clarifies comments attributed to him in a NZ Herald article 7 September

Andrew King says the NZ Property Investors Federation has always seen the landlord/tenant relationship as a service provider/customer one.
07-09-2020 more >>

Latest insights from ASB on the housing market

ASB reports lower mortgage raters and higher prices
27-08-2020 more >>

Trade Expo - Meet Our Business Partners & Tradespeople

Make a point of joining our business partners, tradespeople and advertisers for a closer look into their new products and services. Also see more efficient ways of going about your renovations. There will be ample opportunity to chat with the presenters while they update you and showcase their latest catalogues. Of course no event would be complete without giving away some great prizes on the night . MUST REGISTER FOR EVENT!
18-08-2020 more >>

Huge taxpayer cost to achieve the Green Party's housing policy

The Green Party has announced that, if it forms part of the next Government with Labour, it would build 5,000 new State Houses per year and create a sustainable, non-profit rental sector through Crown financial guarantees for community housing providers.
14-08-2020 more >>

OCR being held at 0.25%

Statement by the Reserve Bank Governor says that the Monetary Policy Committee agreed to expand the Large Scale Asset Purchase (LSAP) programme up to $100 billion so as to further lower retail interest rates in order to achieve its remit. The eligible assets remain the same and the Official Cash Rate (OCR) is being held at 0.25 percent in accordance with the guidance issued on 16 March.
12-08-2020 more >>

The real reason for changes to the RTA

Marama Davidson has revealed the real reason for changes to the Residential Tenancies Act. In a speech during the debate on the Bill in Parliament this week, she said the Bill “will incentivise property owners to move out of owning property for rental purposes.
07-08-2020 more >>

NZPIF challenges statements made by the Associate Minister of Housing

The Associate Minister of Housing Kris Faafoi issued a press release last night regarding the passing of the Residential Tenancies Amendment Bill.  The President of the NZ Property Investors’ Federation, Andrew King, challenges statements made in this release. 
06-08-2020 more >>

Sad day for tenants and landlords

Today Parliament has passed under urgency the Residential Tenancies Amendment Bill. This bill has some major changes for both tenants and landlords alike, and none of them are good news.
05-08-2020 more >>

Government delivers on rental reforms promise

The Government has delivered on its promise to New Zealanders to modernise tenancy laws with the passing of the Residential Tenancies Amendment (RTA) Bill 2020 today, says Associate Minister of Housing (Public Housing), Kris Faafoi.
05-08-2020 more >>

Ready2Rent - an education initiative for tenants

The Ready2Rent programme was started in the Hawkes Bay in 2016. It is a Hawk’s Bay District Health Board-led initiative to reduce the number of children with rheumatic fever and other breathing issues admitted to Hawkes Bay’s hospitals. The
01-08-2020 more >>

Proposed RTA change means tenant anti-social behaviour more likely

Recent comments by a senior solicitor at Morrison Kent, Evan Whetton, has backed up NZ Property Investors’ Federations concerns over radical changes to the Residential Tenancies Act.
27-07-2020 more >>


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