Taranaki Property Investors' Association

taranaki@nzpif.dev.nzpif.org.nz

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Taranaki (TPIA) News

Budget preview: Property in line of fire

Changes to the structure of the tax system are the most highly anticipated part of the Budget to be delivered on Thursday as the government looks to reduce distortions which have been affecting work and investment decisions.
18-05-2010 more >>

Otago investors reluctant to use new rating scheme

Otago property investors are hesitant to participate in a voluntary scheme to star rank properties. The Student Tenancy Accommodation Rating Scheme (STARS) is a collaboration between the Dunedin City Council, the University of Otago and the Otago Polytechnic.
17-05-2010 more >>

One step closer to leaky home resolution?

The government has taken a "giant step in the right direction" when it announced today it would increase the amount it is prepared to contribute towards repair costs for leaky home owners.
17-05-2010 more >>

Landlords warned after drug haul

Police are warning Hamilton property owners to keep an eye on what their sites are being used for.
17-05-2010 more >>

Greedy landlords on notice

Landlords are being warned against kicking out tenants to make a quick buck from the Rugby World Cup.
16-05-2010 more >>

REINZ residential highlights - April 2010

Find out what's happening in your area.
14-05-2010 more >>

Home sales decline in April: REINZ

Residential real estate sales fell 15% in April as the housing market remains subdued with the government's upcoming budget expected to bring in tax changes for property investors, according to the latest Real Estate Institute of New Zealand (REINZ) data.
14-05-2010 more >>

Landlords wait warily for Budget

Lee Whiley is anxiously awaiting the Budget to learn what impact changes to property tax will have on him.
13-05-2010 more >>

Student accommodation drives Dunedin market

Student accommodation in Dunedin continues to underpin residential property values in the city, according to new research.
13-05-2010 more >>

Banks repay $0.8m in overcharged break fees

Two banks have had a rap on the knuckles and repaid $0.8 million in overcharged break fees on fixed-term loans following complaints after the sharp drop in interest rates in late 2008 and early 2009.
12-05-2010 more >>

Labour pushes for changes to rules around residential tenants

Labour says the government has watered down a bill which regulates residential tenancies and is wanting some changes before it is passed by Parliament.
12-05-2010 more >>

Mortgage break fees 'reasonable'

Home owners hoping for compensation from their bank after being stung with high mortgage break fees may be out of luck after an investigation by the competition watchdog found most banks were charging reasonable fees.
12-05-2010 more >>

Property round-up

Market confidence and the predicted direction for prices are proving an issue to buyers, HNZ completes the rollout of a new scheme that will benefit landlords and Finance Minister Bill English invites comment about tax changes that will affect property investors.
10-05-2010 more >>

QV main urban areas commentary: April 2010

Average sales prices declined in April, although are still substantially above last year's prices, according to Quotable Value's (QV) latest statistics. Find out exactly what's happening in the six main regions in the story below.
10-05-2010 more >>

Property investors procrastinate ahead of Budget: QV

New Zealand property investors are procrastinating ahead of this month's budget as they wait for more clarity on what will happen to the tax treatment on housing.
10-05-2010 more >>

Optimism and house prices on the wane

Optimism in the housing market is waning and the direction for house prices is downward, according to ASB's latest Housing Confidence Survey.
07-05-2010 more >>

Procrastinate while one has the chance

If monetary policy tightening starts in June as BNZ still expects, then for those planning to have a mortgage exposure for three years there is a forecast benefit near 0.5% for fixing three years rather than floating, says BNZ economist Tony Alexander.
06-05-2010 more >>

Auckland house sales dip

Auckland house sales fell last month, coming off a stronger track in March, suggesting property investors are becoming tentative ahead of the 2010 budget, which will curb tax breaks.
05-05-2010 more >>

Conditions ripe for rent rises

Conditions look set for rents to rise over the coming year, despite overall downward pressure on house prices, according to ANZ’s Property Gauges.
04-05-2010 more >>

The Crombie Lockwood focus

This focus is to protect the one thing that matters most to you - your property and it all provides to you, your family and your future. They specialise in insurance advice.
03-05-2010 more >>

Investors not out of the woods yet

New Zealand mortgagee sales held near their 2009 highs and may rise, showing the property market's sluggish recovery, according to Terralink.
03-05-2010 more >>

Building consents fall in March

New Zealand residential building consents fell for the third month in four in March, underlining the tepid pace of recovery in a housing market that is facing tighter tax rules and less activity from developers.
30-04-2010 more >>

Market continues trucking down

The property market continues to deteriorate, according to the Mike Pero Mortgages/Infometrics Property Cycle Indicator (PCI).
29-04-2010 more >>

Agent found guilty over misleading commission costs

An Auckland real estate agent has been censured under the Real Estate Agents Act after he mislead a client over his commission fee.
28-04-2010 more >>

Property round-up

Auckland sales prices have jumped, which research company Crockers finds unusual considering the lack of sales numbers, plus IRD is looking at what it constitutes as a mortgagee sale in relation to collecting GST.
26-04-2010 more >>


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