Election 2023 Policy PrioritiesOne of New Zealand Property Investors Federation (NZPIF) key functions is to advocate with politicians and government departments for fair rules that not just benefit our tenants, but also encourage aspiring investors to offer well managed homes for them. For this reason we offer some policy priorities for members to discuss with their MP’s and political candidates. These are policies which will be critical to encouraging investors to either hold on to their properties, buy more investment rental homes, or encourage new investors to provide rental homes.10-07-2023 more >> CoreLogic releases latest house price indexRadio NZ reports that house prices have fallen yet again as higher interest rates continue to limit demand for properties. CoreLogic's latest house price index showed property values fell 1.2 percent in June, down 10.6 percent from a year ago.06-07-2023 more >> Tim Horsbrugh's letter to the editor - rental property owners are a necessityThis article was published on the 5th of July in the Masterton Times Age05-07-2023 more >> Auckland rents play catch upApril rental statistics from the Bond Centre have been released. You can see how your property rental prices have changed over the years at the rental price calculator on the NZPIF website. As at April 2023, the national rental price was relatively stable at $570pw, an increase of around 3% over the last year. Quite modest considering interest rate increases and further removal of interest deductibility.28-06-2023 more >> Tenants lose from Government's taxSue Harrison, President of NZPIF, talks about the adverse effects on tenants as a result of the interest deductibility rule imposed on rental property owners by the current Government.27-06-2023 more >> TPIA 20th June Monthly Meeting: AGM with Waimea Crossing Subdivision PresentationThe Taranaki Property Investors' Association welcome members and friends to join us for our Annual General Meeting. Members receive a free beer or wine (or non-alcoholic) from the bar on entry and AGM and a special presentation from Waimea Crossing Subdivision20-06-2023 more >> TPIA 20th June Monthly Meeting: AGM with Waimea Crossing Subdivision PresentationImpressive Waimea Crossing subdivision unveiled at TPIA meeting. A brief summary of our June public meeting courtesy of TPIA Executive member Richard Woodd20-06-2023 more >> What's good for the goose by NZPIF President Sue HarrisonMaking landlords and tenants into adversaries has been a popular narrative with the media and helps the current Government bring in some heavy disincentives to own rental properties. There have been so many levers pulled to ensure that house prices come down while interest rates, rates, insurance, maintenance and associated costs have gone up. The Government say they are helping tenants, but the tax grab and extra rules have brought significant negative impacts.14-06-2023 more >> No benefits for renters in the 2023 BudgetThe 2023 Budget has done nothing to ease the pressure on tenants as their property owners struggle with rising costs, forcing them to increase rents in order to stay financially viable.31-05-2023 more >> The Monetary Policy Committee today voted to raise the Official Cash Rate (OCR) from 5.25% to 5.50%.The Committee agreed the level of interest rates are constraining spending and inflation pressure. The OCR will need to remain at a restrictive level for the foreseeable future, to ensure that consumer price inflation returns to the 1% to 3% annual target range, while supporting maximum sustainable employment.24-05-2023 more >> Budget 2023 continues the Government’s commitment to tackle the housing shortageBudget 2023 continues the Government’s commitment to tackle the housing shortage by delivering 3,000 more public housing homes, supporting more people at risk of homelessness, building more houses for Maori and those impacted by recent severe weather events.19-05-2023 more >> TPIA 16th May Monthly Meeting: Tiny Homes, Prefabricated and Relocatable HomesKeen to increase your portfolio's value and maximise rental income by adding a second dwelling to an existing property? What might you need to know before you embark on this journey? Come along and find out from companies who provide tiny and relocatable homes right here in Taranaki. We have Manor Build and Titan Homes presenting.16-05-2023 more >> Killing off the Golden Goose by NZPIF President Sue HarrisonAs the value of properties throughout the country are falling dramatically we have survey results that prove the structural damage being done to the rental marketplace. The marketplace relies very heavily on private ownership of around 85% or rental homes. Owning rental homes is a business with a range of expenses beyond the mortgage involved, so there needs to be some rewards as part of the risks of the investment involved.14-05-2023 more >> Proposed changes will benefit tenants and landlordsA large proportion of rentals in New Zealand are offered by private landlords. The State cannot house all who need accommodation and National is to be congratulated for seeing private landlords as part of the solution to the difficult housing situation in New Zealand and not the problem.30-04-2023 more >> Queen of Property and author of Property Quadrants; Nichole LewisQueen of Property and author of Property Quadrants; Nichole Lewis18-04-2023 more >> TPIA 18th April Monthly Meeting: Nichole Lewis, Queen of Property sponsored by KeyhookQueen of Property and author of Property Quadrants; Nichole Lewis By Richard Woodd, TPIA executive committee member18-04-2023 more >> Large rent increases in January not maintainedFebruary rental statistics from the Bond Centre have been released.16-04-2023 more >> The Property Investor Network by NZPIF President Sue HarrisonIn times of crisis property investors and landlords with well located, good homes come into their own. We applaud our North Island Property Investor Associations for ongoing support stewarding members through the weather events and being there in good times and bad.14-04-2023 more >> Official Cash Rate increases from 4.75% to 5.25% todayThe Monetary Policy Committee today increased the Official Cash Rate (OCR) by 50 basis points, from 4.75 percent to 5.25 percent. The Committee agreed the OCR needs to increase, as previously indicated, to return inflation to the 1-3 percent target range over the medium term. Inflation is still too high and persistent, and employment is beyond its maximum sustainable level.05-04-2023 more >> Supply of rentals decreasingSue Harrison says that the survey of members in February this year, highlights the changes in members’ attitudes since 2021 when the same survey was carried out23-03-2023 more >> TPIA 21st March Monthly Meeting: Sustaining TenanciesSustaining Tenancies. TPIA are excited to introduce Roderique Hope Trust, who are administering the Sustaining Tenancies service providing free, tailored, practical support to individuals and whÄnau to help them retain their tenancies and avoid homelessness. We will hear about how this free service could help our tenants sustain their tenancies and improve areas such as budgeting/rent arrears, neighbour issues, communicating with WINZ & KO, section clean ups and more. Sponsored by Stephanie Murray Mortgages, a big supporter of Roderique Hope Trust. Come along, network and learn how we can support our tenants in a new way.21-03-2023 more >> What's ahead for renting in 2023Phenomenal rain in Auckland and other areas causing destructive flooding is life as we know it in a world facing pandemics, climate change, and other challenges such as earthquakes and eruptions. Taking on investment properties has never been for the faint hearted and the risk profile seems ever increasing.01-03-2023 more >> Reserve Bank increases the Official Cash Rate from 4.25% to 4.75%The Monetary Policy Committee today increased the Official Cash Rate (OCR) from 4.25% to 4.75%.22-02-2023 more >> TPIA 21st February Monthly Meeting: SOHO Group's Brad DavisOur first meeting for the year is a cracker! We are hosting SOHO Group. Are you as curious as us about the huge development on Leach Street, New Plymouth? Brad Davis is coming to tell us all about it! Brad has been SOHO's representative in Taranaki over the past two years and has been liaising closely with local stakeholders in a bid to provide innovative housing options for the region, but who is going to own it and who are the targeted tenants? Come along to find out all the details.21-02-2023 more >> TPIA 21st February Monthly Meeting: SOHO Group's Brad DavisA brief summary of our February public meeting courtesy of TPIA Executive member Richard Woodd21-02-2023 more >> |
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