Otago Property Investors Association Inc

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otago@nzpif.org.nz

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Otago News

NZ's two favourites: Rental property and the All Blacks

Property remained the most favoured investment class in the last quarter despite property tax to be introduced in the next budget according to the ASB Investor Confidence survey.
28-01-2010 more >>

Housing market stalling?

The housing market is showing signs of flattening, after rebounding in the middle of last year, according to ANZ's latest property gauges.
27-01-2010 more >>

Tax plan slammed as 'an orchestrated attack on landlords'

Tax recommendations presented to the Government have been criticised as "an orchestrated attack on residential landlords" by the Property Investors' Federation vice-president.
21-01-2010 more >>

Land tax must be universal, say property investors

Real estate industry insiders have mixed views on some of the Tax Working Groups recommendations, which are designed to start taxing property investments harder.
21-01-2010 more >>

Misleading talk around property will lead to bad tax decisions

Press Release: The Property Investors’ Federation is concerned about the high level of misinformation around taxation of rental property.
20-01-2010 more >>

Investors face double-whammy in tax proposals

Residential property investors face a double-whammy under proposals unveiled today by the Tax Working Group which could raise $2 billion from a sector currently costing taxpayers $150 million a year.
20-01-2010 more >>

REINZ residential highlights - December 2009

House prices rose in 11 of the 12 regions throughout the country in December last year. Find out what else is happening in the main areas.
19-01-2010 more >>

IRD's views on depreciation challenged

The Inland Revenue is sticking with its controversial views on depreciation of residential rental property - but not winning a lot of support.
19-01-2010 more >>

House prices up but sales levels concerning

New Zealand house prices edged up in December as the property market continued to recover from its trough last year, though activity was at a "concerning" low level.
18-01-2010 more >>

Caution restrains bargain hunting

With a few grey clouds on the horizon, caution prevails for many property investors around the country.
15-01-2010 more >>

Home-building and hospitals push up November building consents

The pace of residential home-building continues to pick up, although few new apartments are being built and non-residential construction is down across most sectors, according to November 2009 building consent totals released this morning by Statistics New Zealand.
14-01-2010 more >>

IRD quietly raises changes to depreciation

The contentious issue around how depreciation of residential rental property items has resurfaced in a very low key manner.
12-01-2010 more >>

POLITICAL & REGULATORY REPORT for December 2009

RESIDENTIAL TENANCIES AMENDMENT BILL - 2nd reading commenced. The Government commenced the second reading debate of the Residential Tenancies Amendment Bill on 8 December. This process basically means that Parliament is asked to adopt the bill as reported back, with amendments from the Social Services Select committee.
11-01-2010 more >>

House values gain in 09

House values rose 2.8% last year after they hit a bottom in April, and steadily improved from there, according to QV Valuations.
11-01-2010 more >>

Presidents Report

Copy of the Presidents report published in the OPIA Property Investor Magazine
17-11-2009 more >>

Presidents Report

Copy of the Presidents report published in the OPIA Property Investor Magazine
17-09-2009 more >>

Labour backs property tax but not on family homes

Labour leader Phil Goff says his party is prepared to discuss a capital gains tax with the Government, opening the way for an accord on a tax that has long been a political hot potato.
14-09-2009 more >>

Copy of presidents Report July 2009

Copy of Clif Seque's July 2009 Presidents Report
07-08-2009 more >>

NZPIF Submission on changes to Associated Persons rules

This submission was forwarded in May 2007. The Finance Select Committee is now considering this issue.
17-04-2009 more >>

Collecting your debts

Glenn Morris tells landlords how to ensure debts are paid when the Tenancy Tribunal awards a money order
16-04-2009 more >>

Insider's guide to building law

Available from June, this new book bridges the gap between building inspectors and building owners.
16-04-2009 more >>

Drug case outcome sets the bar

The outcome of a recent drug case has set the legal bar for landlords to deal with drugs being manufactured by tenants, or friends of tenants, in their rental properties.
16-04-2009 more >>

Get real and quick recovery will follow, owners told.

A leading corporate lawyer says a recovery might occur quite quickly once business and building owners become realistic about the value of their assets.
14-04-2009 more >>

Action on the home front

Home buyers - including expats with an eye for a bargain - have returned to the market in strength, hunting both high end and investment property
13-04-2009 more >>

NZ property values drop 9.3%

New Zealand property values fell 9.3% last month, led by declines in Auckland City and Manukau, as rising unemployment and waning job security counters the benefits of lower borrowing costs.
09-04-2009 more >>


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