The IRD states that in NZ, tax is applied to a person's net income and there are no restrictions on loss making from any source. However the Government is introducing a Bill to just ring-fence rental property tax losses. 10-12-2018 more >>
Two critically important reviews on the rental industry are underway simultaneously at present. The RTA Review and the review of standards for the Healthy Homes Guarantee Bill. 03-12-2018 more >>
The 25% price reduction for Unovent® Home Ventilation Kitsets is an exclusive offer for members of Property Investors' Associations affiliated to the NZPIF and is a “Super Special Reduction†not always available 02-12-2018 more >>
The NZPIF has spent a considerable amount of time and effort working on the Residential Tenancies Act Review and the Healthy Homes Standards. 01-12-2018 more >>
As well as building relationships with influential people, attending workshops and writing submissions, NZPIF representatives (usually Andrew King) have been vocal in the media channels. 01-12-2018 more >>
From 1 January 2019 the changes are - up to 20 percent (increased from 15 percent) of new mortgage loans to owner occupiers can have deposits of less than 20 percent and up to 5 percent of new mortgage loans to property investors can have deposits of less than 30 percent (lowered from 35 percent). 28-11-2018 more >>
The relevance of CVs (Capital Values) has been questioned recently. It’s not the first time and I’m sure it won’t be the last, but the one thing I think we have to come back to is that CVs are a great anchor point for market value 15-11-2018 more >>
According to the October CoreLogic QV House Price Index, property values in Wellington City grew by 3.9% over the last three months. 07-11-2018 more >>
A Motueka street has returned to normality after three years of turmoil caused by the actions of Housing NZ tenants in one rental property. 06-11-2018 more >>
From speaking to some tenant advocates it is clear that we come to the discussion from two very different viewpoints. It appears to me that some of the more vocal tenant advocates are extreme and one sided in their thoughts with an unrealistic expectation for the outcomes of their proposals. 01-11-2018 more >>
The average annual household income has risen 41 percent since 2008, up more than twice the rate of inflation, Stats NZ said today.
Over the same period, average annual housing costs increased 43 percent. 30-10-2018 more >>
The average annual household income has risen 41 percent since 2008, up more than twice the rate of inflation, Stats NZ said today.
Over the same period, average annual housing costs increased 43 percent. 30-10-2018 more >>
“I am heartened by recent evidence that the Government wants to help landlords and tenants understand each other’s point of view" said Andrew King, Executive Officer of the NZ Property Investors' Federation. 19-10-2018 more >>
There are an enormous number of proposed changes to the RTA, all aimed at improving conditions for tenants. Submissions close on Sunday 21 October. More tenants have replied to these one sided reviews than landlords, so it is critical for every landlord to take the time and have their say to provide balance.
Attached here is a template to help you make a submission. You can also complete a Government survey on the RTA Review t https://www.research.net/r/rta-reform-survey 07-10-2018 more >>
This provides information on the Residential Tenancies Act Review and NZPIF views on it,. We encourage you to put in a submission as many tenants have already had their say on these extremely one sided proposals. 07-10-2018 more >>
Two critically important reviews on the rental industry are underway simultaneously at present. The RTA Review and the review of standards for the Healthy Homes Guarantee Bill. 01-10-2018 more >>
Statement by Reserve Bank Governor Adrian Orr: We expect to keep the OCR at this level through 2019 and into 2020. The direction of our next OCR move could be up or down. 27-09-2018 more >>
"Landlords are very aware that housing in New Zealand is expensive and the CoreLogic data shows that they are doing their best to keep rental price increases as low as possible. This is completely opposite to the commonly held view that rental property providers are profiting at the expense of tenants", says Andrew King, Executive Officer of NZ Property Investors' Federation (NZPIF) 20-09-2018 more >>
The Ministry of Building Innovation and Employment (MBIE) have issued a review of the Residential Tenancies Act (RTA). It is a large review and extremely important for our industry.
The NZPIF has summarised the review for members and provided a short assesment on each aspect of the review.
Tenant advocates are encouraging tenants to support the review and are arranging on and off-line seminars to help tenants do this. It is imperative that as many landlords as possible also express their view as some of the proposals will be extremely damaging to our industry, including being damaging to tenants. 20-09-2018 more >>
The Ministry of Business Innovation and Employment (MBIE) have been tasked by Government to establish standards for the Healthy Homes Guarantee Act. MBIE have produced a report into possible standards and are seeking public submissions on these proposals.
The NZPIF have produced a report summarising the proposals and conveying the NZPIF position on them. You can read this report here. 20-09-2018 more >>
CoreLogic research analyst Kelvin Davidson writes:
Residential property investors are clearly under the pump from the government at the moment, facing increased costs and regulatory pressures, including higher quality standards (e.g. insulation), increased tenant rights, and pending removal of negative gearing. 19-09-2018 more >>
