Taranaki Property Investors' Association

taranaki@nzpif.org.nz

News & Updates

Recent updates

Archive: August 2023

Official Cash rate stays at 5.5%

The current level of interest rates is constraining spending and hence inflation pressure, as anticipated and required. The Committee agreed that the OCR needs to stay at restrictive levels for the foreseeable future to ensure annual consumer price inflation returns to the 1 to 3% target range, while supporting maximum sustainable employment.
16-08-2023 more >>

What is in a name

Private investors play the highest and most valuable role in the New Zealand housing system.  Around 86% of rental homes are supplied by private owners and this is one of the best examples of a public – private housing system in the world.   ‘Landlord’ has been an inexact and overused term by media and politicians to refer to what are actually property investors, the vast majority of whom are not directly ‘landlords’ in the way the word is used. 
10-08-2023 more >>

TPIA 8th August Monthly Meeting: Property Political Panel

The TPIA are excited to be hosting a political panel this election year! We have invited all major parties to come and discuss their policies and how they affect the property market, tenancies, tax and property finance. Do not miss out, all members and guests must reserve your seat.
08-08-2023 more >>

More bureaucracy on rentals not the answer

The Green Party is calling for a rental property warrant of fitness which is likely to hit renters with an unnecessary cost of around $90,000,000 a year. The idea of a rental property warrant of fitness was first raised 25 years ago and has been rejected by all Governments ever since.
02-08-2023 more >>

Why tenants feel pain - letter to the editor in the Wairarapa Times Age

Tim Horsbrugh explains that the one policy that has had the most significant effect on tenants is the tax change in which rental property owners can no longer claim their interest costs as a business expense.
02-08-2023 more >>


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