Taranaki Property Investors' Association

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taranaki@nzpif.org.nz

News & Updates

Recent updates

Taranaki (TPIA) News

Insulation issues - the facts

The writer of the editorial (NZ Herald, February 7) says it is inexcusable that an increasing number of families have been living in substandard accommodation when the health and social effects of doing so are widely known. Andrew King, from the NZ Property Investors' Federation writes to correct some of the misconceptions in this editorial
18-02-2020 more >>

Government Bill puts neighbours at risk

The Government has today released a new Bill aimed at improving the lives of tenants. "One aspect will only make it easier for antisocial tenants to ruin the lives of their neighbours. Another will allow tenants to decide if they will stay at a rental property even if the landlord wants to end the tenancy,” says Andrew King, Executive Officer of the NZ Property Investors' Federation (NZPIF). "The NZPIF has joined forces with the REINZ in opposing these two aspects of the Bill.”
17-02-2020 more >>

REINZ and NZ Property Investors Federation join forces on proposed RTA changes

The Real Estate Institute of New Zealand (REINZ) and the New Zealand Property Investors' Federation have today announced that they are joining forces to challenge some of the proposed changes to the Residential Tenancies Act (RTA) which were announced by the government at the end of 2019.
16-02-2020 more >>

Misguided attempts to improve the housing situation

Today there have been calls to rehash the capital gains tax argument and restrict the ability for rental property owners to borrow funds. These are misguided calls.
14-02-2020 more >>

Official Cash Rate (OCR) remains at 1.0 percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment is at or slightly above its maximum sustainable level while consumer price inflation is close to the 2 percent mid-point of our target range. Low interest rates remain necessary to keep employment and inflation around target.
12-02-2020 more >>

Annual rent movement highest in 11 years

"High rental price increases should not come as a shock to anyone", says Andrew King, Executive Officer of the NZ Property Investors' Federation (NZPIF). "While Statistics NZ has pointed to the Healthy Homes legislation, this is only one change that has pushed rental prices higher."
25-01-2020 more >>

Taranaki Property Investors' Association 2019 End of Year Dinner

The Taranaki Property Investors' Association enjoyed a great turn out at the Shining Peak Brewery in New Plymouth on Friday 29th November, celebrating a great year in property, puzzling over a tricky quiz and taking part in a lovely family style dinner and desert.
06-12-2019 more >>

Neighbours from hell will increase

A Christchurch motel owner has had to put up with what he describes as "neighours from hell", despite police, Corrections, the SPCA and dog control trying to help. The motel owner is the latest victim of antisocial tenants.
27-11-2019 more >>

Landlords will not be able to protect neighbours

Government has announced a raft of changes to the Residential Tenancies Act. The Minister has said he does not want to be seen to unduly punishing landlords. These changes do more than punish landlords however. They will punish anyone living next to a tenant with antisocial behaviour. 
17-11-2019 more >>

Already hard for landlords to protect neighbours

After more than seven months of trying to end a tenancy to protect neighbours, a Rotorua property manager has finally received approval from the High Court to end the tenancy.
15-11-2019 more >>

Official Cash Rate (OCR) unchanged at 1.00 percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment remains around its maximum sustainable level while inflation remains below the 2 percent target mid-point but within our target range. Economic developments since the August Statement do not warrant a change to the already stimulatory monetary setting at this time.
13-11-2019 more >>

Government considers extending failed HNZ policy to private rentals

Neighbours and communities around New Zealand are having their lives ruined by the antisocial activity of some Housing New Zealand (HNZ) tenants. Government is currently considering extending the policy to private rentals that allows this to happen. Many more neighbours will suffer if private landlords are not allowed to manage their properties effectively.
12-11-2019 more >>

Proposed change with potential huge impact

Imagine living next door to loud, obnoxious and potentially violent neighbours. If they were tenants then you might expect their landlord to do something about it and protect you.
07-11-2019 more >>

New Plymouth Couple Win Landlord of the Year!

A New Plymouth couple were judged the country's best landlords, by the NZ Property Investors' Federation, at its annual conference in Rotorua.
26-10-2019 more >>

A tribute ot Foster Rudd - NZPIF President 1984-1986

It is with sadness we report the passing of Foster Rudd to whom we will always be grateful for the significant part he played in the establishment of the NZ Property Investors Federation (NZPIF)
25-10-2019 more >>

Disputes Tribunal Success for Pet Damage Insurance Claim in Taranaki

The TPIA President Richard Woodd had a small but significant victory in the Disputes Tribunal at New Plymouth on the 3rd October 2019, when he challenged the Lumley Insurance claim payout over dog urine stains on carpet in a Stratford rental.
06-10-2019 more >>

Neighbours at risk from uncontrollable tenants

Government is looking at changes to tenancy law that will make it harder for rental property providers to manage unruly tenants, many of whom make their neighbours' lives hell.
21-09-2019 more >>

Neighbours at risk from uncontrollable tenants

Government is considering changes to tenancy law that will make it harder for rental property providers to manage unruly tenants, many of whom make their neighbours lives hell. "The NZ Property Investors' Federation (NZPIF) is extremely concerned that more neighbourhoods will become domestic war zones, as happened in Motueka, if the right to issue no stated cause notices is removed" said Andrew King, Executive Officer of the NZPIF.
18-09-2019 more >>

Kiwibuild reset a good idea

"The Kiwibuild reset is a good idea” says Andrew King, Executive Officer of the NZ Property Investors' Federation (NZPIF). However, providing $400,000,000 of taxpayer money to get "up to” 4,000 people into home ownership appears to be a very expensive investment. How will the lucky 4,000 be chosen and what about all the others who aspire to home ownership?
04-09-2019 more >>

Latest ASB Housing Confidence Survey July 2019

Confidence has been rising over the last three months
26-08-2019 more >>

RTA amendment Bill finally passes

It was great news that the RTA Amendment Bill was finally passed and came into law on the 31 of July 2019. The Bill improves the situation for three key issues. Tenants liability for damage, unlawful dwellings and methamphetamine.
19-08-2019 more >>

Home Affordability is improving according the the June Massey University report

Home affordability has improved driven by decreasing house prices, lower mortgage interest rates and increases in incomes
16-08-2019 more >>

Official Cash Rate (OCR) reduced to 1.0 percent

This statement was made by the Reserve Bank Governor today
07-08-2019 more >>

Residential Tenancies Amendment Act (No2) passed

This Act was passed on 30 July.
02-08-2019 more >>

New research shows increased population pushes up house prices but share of migrants does not

There has been widespread concern that strong increases in immigration flows have caused a housing crisis in New Zealand.
31-07-2019 more >>


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