Otago Property Investors Association Inc

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News & Updates

Recent updates

Otago News

Increase will benefit low income families

The NZ Property Investors' Federation (NZPIF) congratulates the Salvation Army for their advocacy work that has seen the accommodation allowance increase for low income families.
25-05-2017 more >>

Delivering for New Zealanders

Budget 2017 is delivering for New Zealanders with significant investments in public services and infrastructure, and a Family Incomes Package that will help them get ahead, Finance Minister Steven Joyce says.
25-05-2017 more >>

RTA Amendment provides protections and clarity for tenants and landlords

The Residential Tenancies Amendment Bill (No. 2) introduced to Parliament today will provide better protections and clarity for tenants and landlords, Building and Construction Minister Dr Nick Smith says.
23-05-2017 more >>

Tenants' liability for damage

“The NZ Property Investors' Federation is pleased that Government is taking action to remedy the situation of tenants not being responsible for damage they accidently cause in rental properties,” says Andrew King, Executive Officer of the NZPIF
23-05-2017 more >>

What are the consequences of meth in rental properties?

The consequences of meth in rental properties have been escalating over the last few years. Fortunately it isn't the actual health consequences of meth in rentals (except for those actually consuming the stuff) but uninformed fear of what meth residue can do and the potential for highly expensive remediation if it is discovered in your rental.
22-05-2017 more >>

Government to build 34,000 new houses for Auckland

The Government today has announced a Crown land and building programme that will see tens of thousands of new houses built in Auckland over the next decade.
16-05-2017 more >>

Pessimism in the housing market according to new ASB Housing Confidence Survey

The new report prepared by Kim Munby ASB economist says that Price expectations continue to fall around New Zealand.
15-05-2017 more >>

Investors' tax benefits overstated

Labour has announced that they are removing the ability of rental property providers to offset losses. They call it a speculation tax loophole, but it is a tax provision available to all investments.
14-05-2017 more >>

Property the biggest non-export industry in New Zealand

A new Property Council report confirms the economic importance of both commercial and residential property
11-05-2017 more >>

Selwyn Mexted's new book reveals all about his real estate money machine

Richard Woodd writes about the man, his new book and how it can assist you to create wealth through property.
10-05-2017 more >>

Selwyn Mexted launches book

NZPIF President Terry le Grove was the introductory speaker at Selwyn Mexted's book launch in Hamilton on 9 May.
10-05-2017 more >>

Homes are more affordable

An NZPIF study shows that while it is hard for first home buyers to get into their first home, it has always been this way.
09-05-2017 more >>

Homes are more affordable

There continues to be a large number of media articles talking about the "housing crisis" and people being tenants for life. I'm sure that the people saying that home ownership is not achievable for young people are doing this with the best intentions, but they are giving these people the wrong message.  Ironically, by trying to stand up for first home buyers they are likely putting them off even trying to achieve their first home.
03-05-2017 more >>

Will coastal properties become ineligible for insurance?

A new report by Motu Economic and Public Policy Research explores the effects of climate change on insurance.
01-05-2017 more >>

Well maintained properties make good sense

“The NZ Property Investors' Federation promotes good maintenance of rental properties to its members. This makes good business sense as tenants of well-maintained properties are likely to stay longer, meaning lower vacancy rates,” says Andrew King, Executive Officer.
27-04-2017 more >>

Lowering the cost of installation for landlords

G-Force We Install specialises in providing a nationwide insulation and smoke alarm assessment, supply and installation service for rental property owners and managers to ensure that their properties meet the new requirements of the Residential Tenancy Act (RTA).
17-04-2017 more >>

Housing Foundation research on benefits of transitioning people into affordable home ownership

To our knowledge this is the first time that this research has been done in New Zealand. The FCSPRU report looked at 120 international studies and shows that there are statistically significant benefits to home ownership in health, employment, crime, welfare, economic and education outcomes
12-04-2017 more >>

It's always hard to buy a home

“Many people claim that housing has never been less affordable and that it is an impossible dream for today's young people”, says Andrew King, Executive Officer of the NZ Property Investors’ Federation. “While these well-meaning people believe they are standing up for young first home buyers, they may in fact be doing them a disservice.”
12-04-2017 more >>

Government releases EOI for Christchurch transfer

Today the Government issued an Expression of Interest to Community Housing Providers interested in taking over ownership of up to 2500 social houses in Christchurch. As part of this deal, the new provider will be required to provide at least 150 additional new social housing places.
10-04-2017 more >>

RMA reform Bill committee stage being debated

Parliament will today debate the committee stage of a Bill that is the second phase of the Government’s substantial reforms to the Resource Management Act (RMA), Environment Minister Dr Nick Smith says.
04-04-2017 more >>

This time is different - cooling property market and higher interest rates

This monthly ANZ Property Focus publication provides an independent appraisal of recent developments in the property market.
03-04-2017 more >>

Labour looks to restrict negative gearing for rental properties

Labour leader Andrew Little has confirmed that in addition to increasing the Bright Line Test for rental property from two to five years, Labour will also remove negative gearing for rental property.
03-04-2017 more >>

Home building consents up in February

Home building consents rebounded in February 2017, but were up only slightly from February 2016, Stats NZ said today. A total of 2,418 new homes were consented in February 2017 – up 1.6 percent from February 2016.
31-03-2017 more >>

Watch a monthly undate from Jonno Ingerson of CoreLogic

This is the property and economic update for March 2017
27-03-2017 more >>

New landlord for 1140 Tauranga HNZ tenants

From next month, Accessible Properties will take over 1138 social houses and tenancies owned by Housing New Zealand. “This is the first regional, large-scale transfer of Government-owned social houses to a community housing provider. They are a major plank of our plan to improve social housing,” says Social Housing Minister Amy Adams.
24-03-2017 more >>


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