I have just got home from the NZPIF conference in Rotorua. What a positive event it was, with the mood assisted by a great All Black win on the Saturday night, enjoyed by many of the attendees. 20-08-2019 more >>
It was great news that the RTA Amendment Bill was finally passed and came into law on the 31 of July 2019. The Bill improves the situation for three key issues. Tenants liability for damage, unlawful dwellings and methamphetamine. 19-08-2019 more >>
“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 >>
The 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 >>
Last 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 >>
The 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 >>
The 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 >>
The 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 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 >>
Officials 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 >>
Landscaping 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 >>
As 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 >>
The 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 >>
The 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 >>
The 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 >>
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 >>
"The NZ Property Investors' Federation (NZPIF) applauds the decision not to introduce a capital gains tax" said Andrew King, Executive Officer of the NZPIF. "This tax would have no effect on the housing market except to make rentals more expensive. This would be unfair on tenants". 17-04-2019 more >>
The Tax Working Group has released their report and as expected it is a comprehensive (except for the family home) Capital Gains Tax. 01-04-2019 more >>
