Otago Property Investors Association Inc

Phone: 03 477 6220

Email: otago@nzpif.org.nz

News & Updates

Recent updates

Otago News

July market update from CoreLogic

Get right up to speed with what has been happening in the NZ property market as our Head of Research, Nick Goodall takes you through the latest trends in our most recent video.
23-07-2018 more >>

New interactive property map from CoreLogic

CoreLogic has released the ‘‘Mapping the Market' report, a new interactive map of New Zealand's property landscape which could ease pressure on people struggling to locate homes within their actual budget.
17-07-2018 more >>

Latest Massey University Home Affordability report

This quarter has seen a decline in national affordability in all regions (5.8%), as well as an annual decline in affordability for all regions (1.1%).
16-07-2018 more >>

Andrew King answers the claims made by Renters United

Renters United recently published a blue print to change New Zealand's "broken" rental rules
12-07-2018 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 >>

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 >>

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

he 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 >>

Rental prices continue to rise

Just released March rental statistics show that New Zealand rental prices have continued to grow over the past year.
16-04-2018 more >>


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