Taranaki Property Investors' Association

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taranaki@nzpif.org.nz

News & Updates

Recent updates

Archive: 2018

The Official Cash Rate (OCR) remains at 1.75 percent.

Statement by Reserve Bank Governor Adrian Orr: We expect to keep the OCR at this level through 2019 and into 2020. The direction of our next OCR move could be up or down.
27-09-2018 more >>

Rental system is not broken

“Landlords are very aware that housing in New Zealand is expensive and the CoreLogic data shows that they are doing their best to keep rental price increases as low as possible. This is completely opposite to the commonly held view that rental property providers are profiting at the expense of tenants”, says Andrew King, Executive Officer of NZ Property Investors’ Federation (NZPIF)
20-09-2018 more >>

NZPIF report on Residential Tenancies Act Review

The Ministry of Building Innovation and Employment (MBIE) have issued a review of the Residential Tenancies Act (RTA). It is a large review and extremely important for our industry. The NZPIF has summarised the review for members and provided a short assesment on each aspect of the review. Tenant advocates are encouraging tenants to support the review and are arranging on and off-line seminars to help tenants do this. It is imperative that as many landlords as possible also express their view as some of the proposals will be extremely damaging to our industry, including being damaging to tenants.
20-09-2018 more >>

NZPIF Report on proposed standards for the Healthy Homes Guarantee Act

The Ministry of Business Innovation and Employment (MBIE) have been tasked by Government to establish standards for the Healthy Homes Guarantee Act. MBIE have produced a report into possible standards and are seeking public submissions on these proposals. The NZPIF have produced a report summarising the proposals and conveying the NZPIF position on them. You can read this report here.
20-09-2018 more >>

Rents haven't been outpacing property costs or peoples wages

CoreLogic research analyst Kelvin Davidson writes: Residential property investors are clearly under the pump from the government at the moment, facing increased costs and regulatory pressures, including higher quality standards (e.g. insulation), increased tenant rights, and pending removal of negative gearing.
19-09-2018 more >>

Guest Speaker: Suzanne Porter

Guest speaker: Suzanne Porter Sponsor: Pepper Construction
18-09-2018 more >>

Rental property WOF

The Green Party has today relaunched a campaign to introduce a rental property Warrant of Fitness.
08-09-2018 more >>

Proposed standards need to be cost effective

Government has released proposed standards for their Healthy Homes Guarantee Bill. This covers improved standards to rental properties that are additional to the rental property Minimum Standards Act that was passed in 2016.
04-09-2018 more >>

Capital gains tax may be in doubt

By the time you read this article, the Tax Working Group should have released its interim report, with a Capital Gains Tax (CGT) expected to be the centre piece.
01-09-2018 more >>


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