Official Cash rate stays at 5.5%

The current level of interest rates is constraining spending and hence inflation pressure, as anticipated and required. The Committee agreed that the OCR needs to stay at restrictive levels for the foreseeable future to ensure annual consumer price inflation returns to the 1 to 3% target range, while supporting maximum sustainable employment.
16-08-2023 more >>

What is in a name

Private investors play the highest and most valuable role in the New Zealand housing system.  Around 86% of rental homes are supplied by private owners and this is one of the best examples of a public – private housing system in the world.   ‘Landlord’ has been an inexact and overused term by media and politicians to refer to what are actually property investors, the vast majority of whom are not directly ‘landlords’ in the way the word is used. 
10-08-2023 more >>

More bureaucracy on rentals not the answer

The Green Party is calling for a rental property warrant of fitness which is likely to hit renters with an unnecessary cost of around $90,000,000 a year. The idea of a rental property warrant of fitness was first raised 25 years ago and has been rejected by all Governments ever since.
02-08-2023 more >>

Why tenants feel pain - letter to the editor in the Wairarapa Times Age

Tim Horsbrugh explains that the one policy that has had the most significant effect on tenants is the tax change in which rental property owners can no longer claim their interest costs as a business expense.
02-08-2023 more >>

Monthly Coffee Chat Group - July 2023

Come along to our monthly coffee club. You can pop along have a coffee or some lunch and chat with like-minded investors. President- Kathryn Seque is hosting and will have other OPIA executive members there as well so feel free to come along. You must register as if no one is registered to come it won't be held.
29-07-2023 more >>

In-store Bunnings Evening

Click into the event to see invite poster
25-07-2023 more >>

Official Cash rate remains at 5.50%

The Monetary Policy Committee today agreed to leave the Official Cash Rate (OCR) at 5.50%.
12-07-2023 more >>

Hon Michael Woodhouse, Shadow Leader of the House, National Party

Hon Michael Woodhouse, Shadow Leader of the House, National Party. Read more about his background here https://michaelwoodhouse.national.org.nz/about-menu
11-07-2023 more >>

Election 2023 Policy Priorities

One of New Zealand Property Investors Federation (NZPIF) key functions is to advocate with politicians and government departments for fair rules that not just benefit our tenants, but also encourage aspiring investors to offer well managed homes for them. For this reason we offer some policy priorities for members to discuss with their MP’s and political candidates. These are policies which will be critical to encouraging investors to either hold on to their properties, buy more investment rental homes, or encourage new investors to provide rental homes.
10-07-2023 more >>

Property Chat Night Social Event

EVENT POSTPONED NEW DATE TBC. Come down to the offices for a fun informal night to talk shop with like-minded investors. Drinks and nibbles will be provided. Bring a friend who can be a member or is not all welcome.
06-07-2023 more >>

CoreLogic releases latest house price index

Radio NZ reports that house prices have fallen yet again as higher interest rates continue to limit demand for properties. CoreLogic's latest house price index showed property values fell 1.2 percent in June, down 10.6 percent from a year ago.
06-07-2023 more >>

Tim Horsbrugh's letter to the editor - rental property owners are a necessity

This article was published on the 5th of July in the Masterton Times Age
05-07-2023 more >>

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 >>

No benefits for renters in the 2023 Budget

The 2023 Budget has done nothing to ease the pressure on tenants as their property owners struggle with rising costs, forcing them to increase rents in order to stay financially viable.
31-05-2023 more >>

Monthly Coffee Chat Group - May 2023

Come along to our monthly coffee club. You can pop along have a coffee or some lunch and chat with like-minded investors. Exc members Micheal and Ross are hosting and will have other OPIA executive members there as well so feel free to come along. You must register as if no one is registered to come it won't be held.
27-05-2023 more >>

The Monetary Policy Committee today voted to raise the Official Cash Rate (OCR) from 5.25% to 5.50%.

The Committee agreed the level of interest rates are constraining spending and inflation pressure. The OCR will need to remain at a restrictive level for the foreseeable future, to ensure that consumer price inflation returns to the 1% to 3% annual target range, while supporting maximum sustainable employment.
24-05-2023 more >>

Ilse Wolfe- Founder of Opes Accelerate

Ilse Wolfe, Founder of Opes Accelerate, is a full-time property investment coach and investor of 15 years. She built her $19m portfolio using an exclusively renovations-focused approach. She learned the hard way the cost of leaning too far into capital growth, and now preaches a balance with cashflow. Ilse is helping investors build their own wealth and passive income using the strategies and lessons she learned along the way. Ilse’s clients produce 8%+ gross yield rentals (10%+ for multi-income properties) using her Cashflow Hacking principles. Following over 100 renovations, Ilse has a method to help investors swing the favour back towards the benefits of existing build rentals. Profile here https://www.opespartners.co.nz/team/ilse-wolfe
23-05-2023 more >>

Budget 2023 continues the Government’s commitment to tackle the housing shortage

Budget 2023 continues the Government’s commitment to tackle the housing shortage by delivering 3,000 more public housing homes, supporting more people at risk of homelessness, building more houses for Maori and those impacted by recent severe weather events.
19-05-2023 more >>

Killing off the Golden Goose by NZPIF President Sue Harrison

As the value of properties throughout the country are falling dramatically we have survey results that prove the structural damage being done to the rental marketplace.  The marketplace relies very heavily on private ownership of around 85% or rental homes.  Owning rental homes is a business with a range of expenses beyond the mortgage involved, so there needs to be some rewards as part of the risks of the investment involved.
14-05-2023 more >>

North End Meeting

We have a couple of speakers followed by a general informal open discussion to talk about issues, problems and questions you may have about the North End. Speakers will be: Proctor (Dave Scott) – trends he’s seeing, general update of how things are going from his perspective. Lane Sievwright – update on market conditions, investor sentiment, his opinions of where things are at and where we’re heading in future. Please note: This is NOT our usual full member's meeting. It is specifically tailored for current landlords, managers, owners in the general ‘North End’ university investment area, or anyone else interested in learning about this unique market. Come along and meet others, share your ideas and frustrations, ask questions, learn from others…
09-05-2023 more >>

Proposed changes will benefit tenants and landlords

A large proportion of rentals in New Zealand are offered by private landlords.  The State cannot house all who need accommodation and National is to be congratulated for seeing private landlords as part of the solution to the difficult housing situation in New Zealand and not the problem.
30-04-2023 more >>