Otago Property Investors Association Inc

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News & Updates

Recent updates

Archive: 2020

AGM & Sharon Cullwick- NZPIF Executive officer

Tuesday 21 July at 7.30pm OPIA AGM Followed by Sharon (NZPIF Executive officer) Sharon has always had an interest in property investing and has only become fully immersed in the industry since 2016. Before this she has had a diverse career and worked in the clothing industry as a Production/Operations Manager for 15 years, and a Marketing Manager in the Dairy Industry for 5 years.
21-07-2020 more >>

Disappointment with the Residential Tenancies Amendment Bill

The NZ Property Investors Federation (NZPIF) is disappointed that the Residential Tenancies Amendment Bill has been released for its second reading with only minimal changes.
12-07-2020 more >>

NZPIF Education Program for Self Managing Landlords

New Zealand Property Investors Federation (NZPIF) has developed an education program specifically for the self-managing landlord.
01-07-2020 more >>

More assistance for tenants and termination restrictions lifted

Usual termination rules will now apply from 26th June 2020. The removal of these temporary measures allows landlords to give termination notices to tenants under the standard Residential Tenancies Act 1986 provisions. Usual notice periods will apply from the date notices are given. Landlords who have had fixed-term agreements rollover can now send notices to terminate these tenancies.
19-06-2020 more >>

The effect of lockdown on landlords and tenants

Here are the results of a recent survey of 639 NZPIF members
05-06-2020 more >>

Extension for Healthy Homes Compliance Statement requirement

Sharon Cullwick, NZ Property Investors Federation (NZPIF) Executive Officer, welcomes the extension by the Government of the deadline requiring landlords to provide Healthy Homes Compliance Statements. The original date was the 1st July 2020 and this date has been extended until the 1st of December 2020.
04-06-2020 more >>

Initiatives to help landlords and tenants needed

Like everyone landlords are facing tough times due to the fall out of Covid-19. This includes loss of income, reduced wages and business losses. Here are some Government actions which would assist landlords and consequently their tenants.
01-06-2020 more >>

ASB Housing Confidence Survey - three months to April 2020

Confidence in rising house prices whipsawed by COVID-19. Perceptions of whether it’s a good time to buy also decline as households batten down the hatches. Interest rate expectations flick back to lower for longer.
27-05-2020 more >>

Nick Gentle- His investor story

26 May 2020 7pm for 7.30 start Chisholm Park 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.
26-05-2020 more >>

Increase in housing is being hindered

Of the 270,000 rental houses in New Zealand, 90% are provided by the private rental sector with only a small percentage available through Housing New Zealand and other community-based organisations. Although any house available for rental is a help, having an excess supply of these is the only way to solve the current issue.
20-05-2020 more >>

Surviving the current crisis

Often when we are confronted by a tenant asking for a discount on their rent or a rental holiday we start to panic. Yes, it’s fine for them to ask but do they understand the financial impact this could have on you?
18-05-2020 more >>

What will change for landlords and tenants in Level 2

Alert Level 2 guidance for landlords and tenants
15-05-2020 more >>

Hon Grant Robertson delivers the Budget 2020 - RebuildingTogether

The $50 billion fund being announced today will grow jobs and support New Zealanders and the economy through the effects of COVID-19 and the global recession.
14-05-2020 more >>

RBNZ removes LVR restrictions

The Reserve Bank has today decided to remove mortgage loan-to-value ratio (LVR) restrictions for 12 months. The decision was made to ensure LVR restrictions didn’t have an undue impact on borrowers or lenders as part of the mortgage deferral scheme implemented in response to the COVID-19 pandemic.
30-04-2020 more >>

Landlords are people too

A NZ Property Investors Federation (NZPIF) survey has found that rental property owners are affected by the Covid-19 situation just like tenants and other New Zealanders, said Sharon Cullwick, NZPIF Executive Officer.
29-04-2020 more >>

What will change in Level 3?

Here is Alert Level 3 guidance for landlords and tenants from Tenancy Services
28-04-2020 more >>

Banks working against each other

The NZ Property Investors’ Federation (NZPIF) is concerned that the Reserve Bank of NZ (RBNZ) and the trading banks are currently working against each other, says Sharon Cullwick, NZPIF Executive Officer. On the one hand the RBNZ is considering lifting the LVR restrictions to stimulate the economy and on the other the trading banks are testing borrowers on virus-constrained income and using high serviceability tests thus making the obtaining of loans more difficult and working against the RBNZ.
24-04-2020 more >>

Cancelled. Election year special with special National Party guests.

21 April 2020 7pm for 7:30pm start Chisholm Park With an election looming later this year its a great time to put your questions to National party MP Hon Micheal Woodhouse (Dunedin North) and see where National sits with all the policy changes around landlording and housing that is happening under the Labour lead government currently. Current National party housing spokes person Hon Judith Collins has also been invited and e are just waiting to confirm. (Several Labour MPs were invited to come and speak to the OPIA at their convenience and no one has replied since October 2019)
21-04-2020 more >>

Possible lifting of the LVR restrictions

It is a welcome move that the Reserve Bank of New Zealand is beginning seven days of consultation regarding the possibility of lifting the loan to value ratio restrictions (LVR) says Sharon Cullwick, Executive Officer of the NZ Property Investors’ Federation (NZPIF)
21-04-2020 more >>

Delay ring-fencing laws and help 300,000 Kiwis

“Delaying this law until the 2021/22 year would help the 300,000 rental property owners who are expected to cushion their tenants financially without Government assistance during this Covid 19 lockdown says Sharon Cullwick, Executive Officer of the NZ Property Investors’ Federation (NZPIF).
20-04-2020 more >>

Students fight for their right to party

Verbal submissions were made today to the Social Services Select Committee looking into changes to the Residential Tenancies Act. A section of the Act gives tenants the right to perform up to eight significantly disruptive acts a year, and, as long as there are not more than two of these in any one three month period, it will not be until the end of that year that their landlord can apply to have their tenancy ended with three months’ notice.
17-04-2020 more >>

Cancelled. Mitre10 Mega Healthy Homes Mini Trade Night

7 April 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.
07-04-2020 more >>

The effect of the Covid-19 regulations on landlords

The NZ Property Investors Federation (NZPIF) has just organised the first in a series of surveys of rental property owners and property managers to see how they are being affected by the Covid - 19 lock down.
03-04-2020 more >>

NZPIF is keen to know how Covid-19 is affecting rental property owners

Help us to find out what is actually happening for rental property providers by participating in our survey. It is very short and should only take a few minutes. You can complete it by clicking on the link below.
02-04-2020 more >>

Delay ring-fencing and save lives

Covid-19 relief package from the Government includes increasing the threshold from $500 to $5,000 which will determine which assets can be written off as expenses for the 2020/21 tax year.
01-04-2020 more >>


Results: 26-50 of 77

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