Official Cash Rate (OCR) reduced to 1.0 percentThis statement was made by the Reserve Bank Governor today07-08-2019 more >> New research shows increased population pushes up house prices but share of migrants does notThere has been widespread concern that strong increases in immigration flows have caused a housing crisis in New Zealand.31-07-2019 more >> Allocating liability for tenant damage to rental properties“The NZ Property Investors’ Federation (NZPIF) is extremely pleased that tenants are now at least partially responsible for the damage they cause to their rental property,†says Andrew King, Executive Officer of NZPIF.25-07-2019 more >> Promised heating grants for tenants cancelledThe Government announced today that grants of up to $2,500 for energy efficient heaters are now available as part of the Government’s Warmer Kiwi Homes programme. “We have discovered that these grants are available to people in lower-income areas or Community Services Card holders, but only if you are a home owner," says Andrew King, Executive Officer of NZ Property Investors Federation (NZPIF).19-07-2019 more >> Ringfencing: Bad law but good for someLast month Government passed legislation removing the right to offset rental losses against the tax paid on other income. It comes into effect immediately.19-07-2019 more >> Donna Youngman- Resene Renovator of the Year 2017Donna's renovation showed imaginative solutions, achieved excellent extra profit and the result looked really good. She was able to increase the rent income without the cost of a new build. There was a good description of what paints were used and where. It was completed under budget as most of the work was done by the owner. Come and learn about the best renovator in NZ in 2017 and how she does it all, there will be so much to learn at this event.Â16-07-2019 more >> Less intrusion for tenantsThe NZ Property Investors’ Federation (NZPIF) is very pleased that their specialist rental property insurance supplier, Initio, has just increased for our members the required period between property inspections from three months to four.10-07-2019 more >> Period between property inspections increased from 3 -4 monthly by Initio - an exclusive member-only benefitThe New Zealand Property Investors Federation is pleased to announce that our insurance partner, Initio, has added an exclusive member-only benefit that increases the required property inspection period from 3 monthly to 4 monthly.08-07-2019 more >> Noel Leeming deal for NZPIF members to keep you safe and smartFrom 9 -22 July you can purchase all smart home, smart security and smart light products for cost +5%07-07-2019 more >> Landlords committed to ensuring homes are warm this winterThe organization that represents New Zealand landlords has welcomed survey results showing that more than 96% of its members’ rental properties have met the insulation deadline for rental properties.30-06-2019 more >> The Official Cash Rate (OCR) remains at 1.75 percent.The Reserve Bank Governor said that given the weaker global economic outlook and the risk of ongoing subdued domestic growth, a lower OCR may be needed over time to continue to meet our objectives.26-06-2019 more >> New research confirms higher number of insulation compliant rentalsOfficials believe a third of all rental homes won't be insulated in time for the deadline next week. However preliminary results from a NZ Property Investors Federation (NZPIF) survey show that the real number of properties which are unlikely to meet the deadline is likely to be a lot lower.25-06-2019 more >> A complete plants package - without a hefty price tagLandscaping supplies can cost you an arm, and a leg as well as your patience. Adding up the price of plants, the time deciding which plants are right for the environment, not to mention the to-ing and fro-ing, loading and off-loading – well, it can leave more than your budget broken. So, we were pleasantly surprised when we discovered there’s something like flat pack furniture, but for the outdoors. In short, it’s a complete (and affordable) plants package that provides you with what you need to create an entire garden, including plants, shrubbery, flowers and trees.20-06-2019 more >> Privacy issuesAs many of you will know, The Privacy Commission recently decided to design and publish what landlords could and couldn’t ask prospective tenants when looking to let out a property. Despite being just guidelines, it is likely that the Tenancy Tribunal would give the Commission’s ideas considerable standing.19-06-2019 more >> AGM & Andrew King- NZPIF Executive officerCome along to our fun AGM and vote on the new executive for the 2019/2020 year. After we get that out of the way we will have the NZPIF executive officer Andrew King speaking about all the changes happening around tenancy law and everything thrown at it in the past two years. Andrew is the person you see in the media talking on behalf of the NZPIF and often deals with the Government directly to try and get us landlords heard. This will be a popular one so register early!18-06-2019 more >> The facts about the Accommodation SupplementThe Child Poverty Action Group (CPAG) has called for Government to remove the Accommodation Supplement (AS) and significantly raise the incomes of all benefit recipients and low-wage workers. “CPAG claims that the AS keeps rental prices high however their own report disproves this†said Andrew King, Executive Officer of the NZ Property Investors’ Federation (NZPIF).11-06-2019 more >> POP UP MEETING- Healthy Homes Info nightWith the new Healthy Homes Act now law come and learn about what it entails and how you will have to bring your rental property up to standard. A special meeting run by the OPIA to help you get healthy home ready. We will go over all the new requirements and also some of the products you can use to do this at minimal cost using OPIA and NZPIF discounts and tips from Cliff (Current OPIA president) about what he does to make it easier and cheaper. This event is a must register event as it is looking to be very popular and we may have to limit numbers so make sure you reg now! Tuesday 4th June 2019, 7pm04-06-2019 more >> Proposed CGT impacted on housing views in three months to AprilThe latest ASB Housing Confidence report shows there was an impact on housing views from the proposed capital gains tax,27-05-2019 more >> PKF Accounting- All things TaxPKF Accounting have been friends to the OPIA for years and are experts when it comes to property and rental taxes. Come along and learn all about the tax changes that have already happened and ones that are coming. We may not need to worry about capital gains tax anymore but there is so much more coming so don't miss this chance to get caught up and learn how to make the most of it.21-05-2019 more >> No Capital Gains Tax is welcome newsThe Government’s announcement that they are not going to introduce a Capital Gains Tax (GCT) was very welcome. It is disappointing, however, that they are being attacked for their sensible decision.19-05-2019 more >> Healthy Homes standards signed offThe final healthy homes standards were announced on 13 May and are now available on the New Zealand Legislation website. The standards set minimum requirements for heating, insulation, ventilation, moisture and drainage, and draught stopping in rental properties and will be law from 1 July 2019.13-05-2019 more >> OCR reduced to 1.5%The Monetary Policy Committee decided a lower OCR is necessary to support the outlook for employment and inflation consistent with its policy remit.08-05-2019 more >> News from CoreLogicCoreLogic has the tools to assist property investors with their research24-04-2019 more >> Clifford Seque- 23 April 2019Clifford Seque our current OPIA President has been investing in property in Dunedin for 45 years. Over this time he has learnt all the tips and tricks on selecting and buying rentals, renovating rentals and building new.23-04-2019 more >> |
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