Taranaki Property Investors' Association

taranaki@nzpif.org.nz

News & Updates

Recent updates

Taranaki (TPIA) News

Different ways to change a tenancy agreement

Tenancy Services has updated their website content to describe and distinguish different ways to change a tenancy agreement. Landlords and tenants should decide together which approach best suits their situation. The type of change to a tenancy agreement will have an impact on the healthy homes compliance date and Residential Tenancies Amendment Act 2020 law changes that apply.
15-03-2021 more >>

An early exit from a fixed-term tenancy could be expensive

Tenants who choose to end fixed-term tenancy agreements are discovering that they are likely to receive large bills.
06-03-2021 more >>

Removal of the no-cause 90-day termination not working

Within the last few months we have seen and heard of multiple cases, for example in Greymouth, Christchurch and Auckland, where tenants have had anti-social incidents that have resulted in either full-time security guards being placed outside houses or trespass notices being given to tenants to prevent them from disturbing their neighbours in Kainga Ora houses.
26-02-2021 more >>

Reply to opinion piece by Bernard Hickey in Sunday Star Times 7 February 2021

In an opinion piece in the Sunday Star Times on 7 February, Bernard Hickey once again made unfounded, inaccurate and untrue statements about rental property providers in New Zealand.
15-02-2021 more >>

New loan-to-value ratio (LVR) restrictions

Today the Reserve bank has released its new lending LVR restrictions in a bid to slow down the bolting housing market.
09-02-2021 more >>

New LVR restrictions put in place by the Reserve Bank

The Reserve Bank of New Zealand - Te PÅ«tea Matua is putting in place more stringent loan-to-value ratio (LVR) restrictions to reduce the risks to financial stability caused by high-risk mortgage lending. The LVR restrictions do not apply to new residential construction.
09-02-2021 more >>

NZPIF response to the Privacy Commissioner

The NZPIF agrees with the Privacy Commissioner NZPIF response to the Privacy Commissioner that the collection, retention, and disclosure of personal information on tenants must be open and fair.
04-02-2021 more >>

Amalgamation of Property Investors Associations in Wellington announced

The New Zealand Property Investors Federation (NZPIF) is delighted to announce the amalgamation of Capital and Wellington Property Investors Associations. The new association will continue under the name of Wellington Property Investors Association.
04-12-2020 more >>

Separate division of the Tenancy Tribunal essential

The latest figures for the Tenancy Tribunal have been released for November. The statistics show that the majority of applications to the Tribunal are made by landlords and are for rent arrears and bond refunds.
03-12-2020 more >>

ANZ sees some cooling in the housing market in time - November Property Focus

Housing demand has remained strong, spurred by low mortgage rates and a speculative dynamic but ANZ does not think this is sustainable
26-11-2020 more >>

Catch up with maintenance with Daich Coatings

Spring has sprung and summer is almost upon us. The holiday break is an excellent time to catch up on maintenance and it may come as a surprise that some of those tasks in the too hard basket may be easier than you think.
18-11-2020 more >>

Gusto Xmas Dinner Cancelled

An important message from TPIA President Richard Woodd on behalf of your executive committee: We have reluctantly decided to cancel the Christmas function at Gusto, planned for Friday November 27.
10-11-2020 more >>

An education program for landlords by landlords

After calls for regulation of the rental property industry earlier this year, the New Zealand Property Investors’ Federation (NZPIF) has developed an education program designed specifically for self-managing landlords, who make up 60% of all property managers.
08-10-2020 more >>

Relief for tenants

The NZ Property Investors Federation is extremely pleased that National is looking to provide more homes for tenants, while better protecting all New Zealanders from living next to antisocial tenants.
06-10-2020 more >>

OCR is being held at 0.25 percent

The Monetary Policy Committee agreed to continue with the Large Scale Asset Purchase (LSAP) Programme up to $100 billion. This action is necessary to further lower household and business borrowing rates in order to achieve the Committee’s inflation and employment remit. The Official Cash Rate (OCR) is being held at 0.25 percent in accordance with the guidance issued on 16 March.
24-09-2020 more >>

Rigorous deadlines and paperwork for HHS

The Healthy Homes Standards (HHS) were introduced to ensure there would be minimum standards for heating, ventilation, insulation, moisture ingress and drainage, and draft stopping in all rental properties. All private rental houses must comply within 90 days of any new or renewed tenancy after 1 July 2021
22-09-2020 more >>

September newsletter from Tenancy Services

This newsletter covers updated guidance document for moisture ingress and drainage, how to avoid bond refund delays, an online tool to work out when you can give notice to end a tenancy and translated information for new tenants.
15-09-2020 more >>

Andrew King clarifies comments attributed to him in a NZ Herald article 7 September

Andrew King says the NZ Property Investors Federation has always seen the landlord/tenant relationship as a service provider/customer one.
07-09-2020 more >>

Latest insights from ASB on the housing market

ASB reports lower mortgage raters and higher prices
27-08-2020 more >>

Huge taxpayer cost to achieve the Green Party's housing policy

The Green Party has announced that, if it forms part of the next Government with Labour, it would build 5,000 new State Houses per year and create a sustainable, non-profit rental sector through Crown financial guarantees for community housing providers.
14-08-2020 more >>

OCR being held at 0.25%

Statement by the Reserve Bank Governor says that the Monetary Policy Committee agreed to expand the Large Scale Asset Purchase (LSAP) programme up to $100 billion so as to further lower retail interest rates in order to achieve its remit. The eligible assets remain the same and the Official Cash Rate (OCR) is being held at 0.25 percent in accordance with the guidance issued on 16 March.
12-08-2020 more >>

The real reason for changes to the RTA

Marama Davidson has revealed the real reason for changes to the Residential Tenancies Act. In a speech during the debate on the Bill in Parliament this week, she said the Bill “will incentivise property owners to move out of owning property for rental purposes.
07-08-2020 more >>

NZPIF challenges statements made by the Associate Minister of Housing

The Associate Minister of Housing Kris Faafoi issued a press release last night regarding the passing of the Residential Tenancies Amendment Bill.  The President of the NZ Property Investors’ Federation, Andrew King, challenges statements made in this release. 
06-08-2020 more >>

Sad day for tenants and landlords

Today Parliament has passed under urgency the Residential Tenancies Amendment Bill. This bill has some major changes for both tenants and landlords alike, and none of them are good news.
05-08-2020 more >>

Government delivers on rental reforms promise

The Government has delivered on its promise to New Zealanders to modernise tenancy laws with the passing of the Residential Tenancies Amendment (RTA) Bill 2020 today, says Associate Minister of Housing (Public Housing), Kris Faafoi.
05-08-2020 more >>


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