Check your events, news, and pages on mobile📱 A significant number of our members view our website on their phones. Make sure your content looks good on a mobile device! And check the index page as well as the article itself.03-04-2019 more >> Tax Working Group reportThe Tax Working Group has released their report and as expected it is a comprehensive (except for the family home) Capital Gains Tax.01-04-2019 more >> Rentals are not undertaxedIn the Friday, 29 March Herald, Dominick Stephens said "property is more lightly taxed than other forms of investment". He quoted a Treasury and Inland Revenue report to back up his claim. That report was also used by the Tax Working Group. However economist Bevan Wallace found serious errors in the report and showed that the conclusion that rental property is undertaxed was wrong.01-04-2019 more >> OCR remains at 1.75%The Official Cash Rate (OCR) remains at 1.75 percent. Given the weaker global economic outlook and reduced momentum in domestic spending, the more likely direction of our next OCR move is down.27-03-2019 more >> Tenant advocate newsUnfortunately I am having to write this just before the Tax Working Group recommendations are released, which is a shame. Fortunately (or perhaps unfortunately) there are many topics affecting our industry which I can write about.09-03-2019 more >> Costs increasing faster than rental pricesThe latest Consumer Institute cost of living survey shows that general costs in providing rental property have increased faster than rental prices. In addition, wage increases were 66% higher than rental price increases.04-03-2019 more >> Capital gains tax reviewed by Tony Alexander, BNZIn his weekly review on February 28, Tony Alexander summarised the possible effects of the proposed capital gains tax01-03-2019 more >> Warm, dry rentals are goodToday the Minister of Housing announced that rentals which will require a minimum standard for heating, insulation, ventilation, moisture and drainage by 2024.24-02-2019 more >> Cautious cheer for buyers in ASB Housing Confidence SurveyHouse price expectations slipped again, according to the latest ASB Housing Confidence Survey – though the decline was less dramatic than in the October quarter.15-02-2019 more >> Official Cash Rate (OCR) unchanged at 1.75 percentReserve Bank Governor says we expect to keep the OCR at this level through 2019 and 2020. He adds that the direction of our next OCR move could be up or down.14-02-2019 more >> Massey University September Home Affordability reportThis report has just been published this month.13-02-2019 more >> Property wellness checkThe start of a new year is a good time to take stock of what is happening with your investments. Think of it like a wellness health check.10-02-2019 more >> Ring fencing updateLast year ended with the disappointing news that ring-fencing of rental property losses would no longer be permitted, despite it being available to all other forms of tax losses. Along with the Bright Line Test, this is another tax change which will only apply to rental property.09-01-2019 more >> |
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