Otago Property Investors Association Inc

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News & Updates

Recent updates

Otago News

OCR remains unchanged at 1.75 percent

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Global economic growth has increased and become more broad-based.  However, major challenges remain with on-going surplus capacity and extensive political uncertainty.
23-06-2017 more >>

Seminars for landlords and tenants

Renting seminars are returning in 2017 to help landlords and tenants better understand changes to tenancy laws and how to put them into practice.
21-06-2017 more >>

NZPIF is very pleased to announce a new business partnership - with GForce We Install

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).
19-06-2017 more >>

Cladding rule changes make NZ high-rises safer

New Zealand is less exposed to the risks of fire as a result of combustible claddings on high-rise buildings due to these products being restricted earlier this year, Building and Construction Minister Dr Nick Smith says.
16-06-2017 more >>

Avoid being scammed

The TINZ stress test for tenant checks is better than ever
15-06-2017 more >>

Minister welcomes DTI consultation

Finance Minister Steven Joyce has today welcomed the release of the Reserve Bank's consultation document on the use of Debt to Income ratios for mortgage borrowers as an additional macro-prudential tool.
10-06-2017 more >>

Reserve Bank publishes consultation on debt to income (DTI) limits

The Reserve Bank today published a consultation paper seeking feedback on serviceability restrictions such as debt to income (DTI) limits being added to its macro prudential toolkit.
09-06-2017 more >>

Labour's tax policy 2

In the April I wrote about Labour confirming they would remove the ability to deduct tax losses from property against other forms of income. Unfortunately they recently made it official at their annual conference.
09-06-2017 more >>

NZ's financial system is sound but continues to face risks

New Zealand's financial system remains sound and the risks facing the system have reduced in the past six months, Reserve Bank Governor Graeme Wheeler said today when releasing the Bank's May Financial Stability Report.
31-05-2017 more >>

What does the Residential Tenancies Amendment Bill (2) mean for property investors?

Andrew King takes you through the Residential Tenancies Amendment Act (2) introduced to Parliament on 23 May 2017 for its first reading.
26-05-2017 more >>

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 >>


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