Latest Reserve Bank lending data showed that the proportion of lending to investors has risen from 29 percent to 33 per cent over the last year. Following this release, some headlines have read "Investors head first-home buyers", "Auckland is a ‘speculators’ paradise" and†Investors dominate first home buyers". 30-07-2015 more >>
The Reserve Bank today confirmed that at this stage some further monetary policy easing is likely to be required to maintain New Zealand’s economic growth around its potential, and return CPI inflation to its medium-term target level. 29-07-2015 more >>
The Government is seeking to introduce policies intended to encourage our industry to smarten up its act. The two key proposals are increasing the consequences of retaliatory action and giving Ministry of Business Innovation and Employment greater powers to prosecute landlords who provide substandard rental property. Another concerns changes to breaching a work order. 20-07-2015 more >>
In a surprise move, Government is seeking to amend the RTA to improve processes for resolving tenancy abandonment cases. These are cases where the rent is in arrears and the tenant has vacated the property without giving notice. 17-07-2015 more >>
As part of their rental property minimum standards, Government intends to make smoke alarms compulsory in rental properties. Here is further information on the proposed new laws. 17-07-2015 more >>
The size of New Zealand’s households has halved – but it’s taken over a century to do it, according to new analysis from Statistics New Zealand. 16-07-2015 more >>
The New Zealand Property Investors’ Federation (NZPIF) is very pleased that Government has rejected the campaign to introduce a Warrant of Fitness (WOF) for all rental properties. 16-07-2015 more >>
The subjects of NZPIF media comments over this period have included the proposed capital gains tax for properties sold within two years, and requirements for insulation and smoke alarms in rented properties. 15-07-2015 more >>
Here is a chance to learn everything you wanted to know about the NZPIF membership and website management system and more besides. Three hands on training workshops have been organised 15-07-2015 more >>
The NZ Property Investors Federation (NZPIF) believes that the announcements on tenancy conditions are reasonably balanced, ensuring better standards for tenants without causing a reduction in rental property supply or excessive rental price increases. 09-07-2015 more >>
The Residential Tenancies Act is to be strengthened with new requirements for insulation, smoke alarms, better enforcement and faster resolution of abandoned tenancies, Building and Housing Minister Dr Nick Smith announced today 09-07-2015 more >>
The total rental housing stock in New Zealand numbers around 440,000, including approx. 60,000 owned by Housing Corporation of New Zealand. Judging from the recent ‘noise’ in the media about cold and damp houses an uninformed bystander could be forgiven for thinking every rental property in the country is in dire need of a ‘warm and healthy’ makeover. 05-07-2015 more >>
Rental property owners have continued to be the focus of all attempts to reduce house prices in Auckland. Some commentators have said we need to make it even harder for investors in order to stop house price rises and give first home buyers a chance. 01-07-2015 more >>
An issues paper on the Bright-line test for sales of residential property, released yesterday confirms that some homeowners will have a Bright Line test applied against them. 30-06-2015 more >>
As the clean-up begins after severe flooding and weather damage, the advice from the Insurance & Savings Ombudsman, Karen Stevens, is to contact your insurance company and take photos of the damage before you start your clean up. 22-06-2015 more >>
Rental property owners have continued to be the focus of all attempts to reduce house prices in Auckland. Some commentators have said we need to make it even harder for investors in order to stop house price rises and give first home buyers a chance.
Rental property owners have continued to be the focus of all attempts to reduce house prices in Auckland. Some commentators have said we need to make it even harder for investors in order to stop house price rises and give first home buyers a chance. Tax deductibility of expenses is the latest issue that has been raised. 19-06-2015 more >>
The Ministry of Business, Innovation and Employment launched its Tenancy Services website on 22 April 2015. It is user friendly, helping tenants and landlords find out information they need related to tenancy services. This website replaces the tenancy and unit title information previously held on the www.dbh.govt.nz website. For more information go to www.tenancy.govt.nz. 17-06-2015 more >>
Capital gains tax, a warrant of fitness for rental housing, the advantages of renting – these were some of the issues which were debated in the media over the last month 15-06-2015 more >>
