Otago Property Investors Association Inc

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News & Updates

Recent updates

Archive: June 2023

Auckland rents play catch up

April rental statistics from the Bond Centre have been released. You can see how your property rental prices have changed over the years at the rental price calculator on the NZPIF website. As at April 2023, the national rental price was relatively stable at $570pw, an increase of around 3% over the last year. Quite modest considering interest rate increases and further removal of interest deductibility.
28-06-2023 more >>

Tenants lose from Government's tax

Sue Harrison, President of NZPIF, talks about the adverse effects on tenants as a result of the interest deductibility rule imposed on rental property owners by the current Government.
27-06-2023 more >>

OPIA 50th Anniversary Celebration

The Otago Property Investors Association is turning 50 and you are invited to come and celebrate. We are so excited to be turning 50 so we are celebrating in style and we want all our members and old and new to join us. It will be a great night and for $50pp for a three-course dinner and a drink on arrival how can you go wrong? We can cater for all dietary requirements and the venue is fully accessible. We look forward to seeing you all there so please register before the 15th of June but be warned there are limited numbers so please register quickly to avoid disappointment.
24-06-2023 more >>

What's good for the goose by NZPIF President Sue Harrison

Making landlords and tenants into adversaries has been a popular narrative with the media and helps the current Government bring in some heavy disincentives to own rental properties. There have been so many levers pulled to ensure that house prices come down while interest rates, rates, insurance, maintenance and associated costs have gone up. The Government say they are helping tenants, but the tax grab and extra rules have brought significant negative impacts.
14-06-2023 more >>

AGM followed by Special Tax and Legal Info Meeting

Come and hear an update on the tax changes and a refresher on the legal side of property investing. With the tax deductibility changes, it is a great time to get educated and stop burying your head in the sand as these changes are coming and coming quickly. We also have our new honorary lawyer coming to have a chat to us about the legal aspects of property buying and selling etc.
06-06-2023 more >>

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