The NZ Property Investors Federation (NZPIF) welcomes the new guidelines released by the Privacy Commission. These guidelines are governed by the Privacy Act 2020 and must be followed by all private rental property providers, including property managers. 11-11-2021 more >>
The Privacy Commissioner is cracking down on the lack of compliance by property managers and agencies in a new program aimed at protecting tenants' personal information. 10-11-2021 more >>
The Monetary Policy Committee agreed to increase the Official Cash Rate (OCR) to 0.50 per cent. Consistent with their assessment at the time of the August Statement, it is appropriate to continue reducing the level of monetary stimulus so as to maintain low inflation and support maximum sustainable employment. 06-10-2021 more >>
In March this year, the Government brought in radical changes for property investors, treating them differently from any other business by removing the ability to deduct mortgage interest as a legitimate business expense. MBIE, IRD, accountants and tax experts do not support these changes. 29-09-2021 more >>
The Monetary Policy Committee agreed to retain the current stimulatory level of monetary settings, keeping the Official Cash Rate (OCR) at 0.25 per cent for now. Today’s decision was made in the context of the Government’s imposition of Level 4 COVID restrictions on activity across New Zealand. 18-08-2021 more >>
Sharyn Shepherd, also known as Hope Maree Taylor, is a convicted fraudster who has reportedly harassed her neighbours at the Otautahi Community Housing Trust complex so much that they are frightened to go outside. 26-07-2021 more >>
The TPIA have been contacted by the Taranaki Women's Refuge as they are searching for a rental home to add to their support services. Please refer below for more information and how to contact them. 22-07-2021 more >>
The Reserve Bank of New Zealand has announced plans to add debt to income ratios to its tool kit to dampen investor demand for properties. 17-06-2021 more >>
The Reserve Bank and the Minister of Finance have agreed to update their shared Memorandum of Understanding (MoU) on macro-prudential policy and add debt serviceability restrictions to the list of potential tools available. 16-06-2021 more >>
The Government has released a 143-page discussion paper on removing mortgage interest tax deductibility on investment properties and the extension of the Bright line test. 12-06-2021 more >>
The government used the housing announcements of March 23 as its main avenue for legislation relating to rental properties. Still, it has, however, set aside $80 million in the Budget for the Bond Centre, Tenancy Tribunal, and Healthy Homes initiatives. 21-05-2021 more >>
The First Home Buyers Club, Tenants Protection Canterbury and the NZ Property Investors Federation have presented a letter to Government requesting them to reconsider removing mortgage interest costs on rental properties. 12-05-2021 more >>
Newly released information shows that in addition to Inland Revenue and Treasury, officials from the Ministry of Housing and Urban Development were unanimous in advising the Government against removing rental property mortgage interest as a tax deduction. This opposition is also supported by economists, the general public and even tenant groups who are also stating that the policy will lead to rent rises. 04-05-2021 more >>
Colin Comber is a former President and currently active member of the Taranaki Property Investors’ Association and has been a provider of private rental housing in New Plymouth for 20 years. Read the full article in Stuff covering the latest proposed legislation affecting private accommodation providers in NZ 14-04-2021 more >>
The recent Government housing policies appear to have been implemented without much information about the likely outcomes. There was also lack of time for impact statements to be produced by Inland Revenue and Treasury. In order to fill the information gap, the New Zealand Property Investors Federation (NZPIF) conducted a survey to see how these changes will affect the rental property industry. 07-04-2021 more >>
A survey of mortgage advisors by independent economist Tony Alexander has shown that the Government may have been too quick to disincentivise rental property providers. 01-04-2021 more >>
Your property is a major asset, and like any asset it is in your own best interests to maintain it well and so preserve and enhance its value. Peter Lewis, Vice President of NZPIF, discusses the issues. 16-03-2021 more >>
One of the changes to the Residential Tenancies Act has been the removing the 90-day no-cause termination and the inability to give a tenant a trial period to assess their suitability. 15-03-2021 more >>
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 >>
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 >>
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 >>
