Marlborough Property Investors' Association

marlborough@nzpif.dev.nzpif.org.nz

News & Updates

Recent updates

Marlborough News

Interest rates cut to 3.5% - pass it on, says Bollard

New Zealand has the lowest Official Cash Rate since its introduction in March 1999, as Reserve Bank Governor announced a 150 basis point cut.
29-01-2009 more >>

NZ’s rising unemployment will sap housing demand, ANZ says

New Zealand’s unemployment rate, set to rise this year, will likely sap demand for housing, offsetting the benefits of falling mortgage rates, according to ANZ Bank’s Property Focus report.
26-01-2009 more >>

Investors opt for safety of bricks and mortar

Low bank interest rates have seen an influx of people switching their money from bank deposits to rental properties.
23-01-2009 more >>

Property values still falling, but impact of big rate cuts emerge

New property value numbers released today show continued falls through December, but isgns are starting to emerge that last year's hugh interest rate cuts might be starting to make a difference
15-01-2009 more >>

REINZ residential highlights - December 2008

The Real Estate Institute of New Zealand (REINZ) is looking at the market optimistically. Could confidence be returning? Find out what's happening in your region below.
15-01-2009 more >>

Decisions looming for borrowers

For nearly a month home loan rates have stayed reasonably static with few changes to report - however that is likely to change soon.
14-01-2009 more >>

Website gives details of all properties for house hunters

A property-searching website to start operating tomorrow aims to become the first stop for house hunters
14-01-2009 more >>

Changes needed in 2009 for unhealthy homes

Many New Zealand homes are making their occupants sick and Future-Proof Building (FPB) is embarking on an education campaign throughout the country this year.
06-01-2009 more >>

Rental house of horrors

Unwary landlords can find themselves caught up in a host of financial implications and be burned when they discover the cost of owning a rental property
29-12-2008 more >>

Thomas Chin reports on legislation of interest in 2009

When Parliament resumes in February 2009 there will be two major pieces of legislation and other business of interest to property investors.
24-12-2008 more >>

President's December report

Findings of the Survey for Ministry of Justice Review Team. Check the property market while in relaxed holiday mode. New style membership cards being designed. Best wishes for Christmas and the New Year.
23-12-2008 more >>

Bernard Hickey: Property pain only just begun

It is tempting to think the worst is over for the housing market.
22-12-2008 more >>

Simple steps to increase your home's value

During the property market's heated phase,home owners saw the value of their houses soar without having to do so much as lift a paintbrush - but the sands have now shifted
21-12-2008 more >>

Kiwis looking at property again

A second survey this week confirms the view that people are interested in buying property again and expect house prices to fall further.
19-12-2008 more >>

Mortgage borrowing strategy

The ANZ economists in the December Property Focus recommend fixing for six months to a year.
19-12-2008 more >>

Officials paint gloomy picture

Government officials have produced a gloomy outlook for the property market for incoming Minister of Housing Phil Heatley.
17-12-2008 more >>

Tauranga: Bargains in the bay

Tauranga’s property market has been turned on its head by the current climate. Although some parts of the Bay of Plenty city and surrounding areas have finally reached the bottom, others are yet to hit. Adrienne Jervis talks to locals with their finger on the pulse to gauge the market from an investor’s point of view.
16-12-2008 more >>

NZ Housing most affordable since 2005 - report

Economic times may be tough but the good news is that housing in New Zealand is becoming more affordable.
15-12-2008 more >>

Fears of 35,000 jobs to go in NZ construction

As new figures continue to emphasise the fall off in house building, there are fears 35,000 jobs could be lost in the construction sector.
09-12-2008 more >>

Default on rental debt leaving landlords out of pocket

Some landlords are being left out of pocket due to an increase in the number of applications for no-asset procedures (NAPs) through the Insolvency and Trustee Service.
09-12-2008 more >>

House prices fall but signs point to 'slight' recovery

National property values have dipped again this -month - but the slide may be bottoming out, according to figures from Quotable Value.
08-12-2008 more >>

Interest rates slashed to 5pc, banks cut floating rates

The Official Cash Rate axe has swung again, with the Reserve Bank Governor Alan Bollard cutting official interest rates by 150 basis points - a 1.5 percentage point cut leaving the rate at 5 per cent.
04-12-2008 more >>

Landlord insurance bill withdrawn

A private member's bill which would have required landlords to insure their tenants has been taken off Parliament's agenda.
04-12-2008 more >>

President's November Report

New Minister of Building and Construction. Effects of the global economic crisis. Meeting of DBH National Customer Service Council. Survey for Ministry of Justice Review Team. 2008/2009 NZPIF Executive.
01-12-2008 more >>

POLITICAL & REGULATORY REPORT for NOVEMBER 2008

POST-ELECTION – NATIONAL-LED GOVERNMENT A National Party led coalition with the ACT Party, the United Future Party and Maori Party is the new governing arrangement for the next three years.
01-12-2008 more >>


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