New Zealand Property Investors' Federation, (NZPIF) is the umbrella body for 20 local Property Investors' Associations throughout New Zealand.
Phone: (03) 357 9243
RESIDENTIAL TENANCIES AMENDMENT BILL – Select Committee report out The Social Services Select Committee presented its report and recommendations on the Bill to Parliament on 25 September. In an unusual move, the committee actually reported early as the paper was originally due for tabling on 5 October.
Property managers will be able to compete with the real estate industry in charging letting fees.
The NZPIF is pleased with yesterday's decision from the Lower Hutt District Court, confirming the previous decision of the Tenancy Tribunal that allowed HNZ to give a group of tenants 90 day notices.
The select committee has reported back to Parliament.
Changes to the Residential Tenancies Act (RTA) have finally moved into the home stretch, with the bill being reported back to Parliament from select committee.
Total issuance of permits for dwellings climbed for a second month, which may herald a turning point in slack building activity.
The ANZ in association with the NZPIF undertook the annual survey of property investors in June of this year.
Listed property trust shares are set to soar if New Zealand enters a sustained period of inflation, according to NZ Funds Management.
Mortgagee sales reached an all-time high in July and for the first time since records began, sales exceeded 300 for a single month.
ANZ National Bank's eight gauges of the property market found house affordability is back to "fair" levels, and the turnaround in sentiment has seen borrowers lock in longer mortgages as the prospect of rate hikes begins to grow.
Spring it seems came early to much of the residential property market, although warnings resound over not mistaking a slight recovery for another housing boom.
A new online listing service for commercial property has been launched, featuring not-for-sale properties.
The New Zealand housing market gained further momentum in August following a mid-winter turnaround, according to latest Mike Pero Mortgages/Infometrics Property Cycle Indicator.
Calls for a capital gains tax are gaining momentum, but unfortunately the capital gains debate thus far has been tainted with misinformation and a lack of clarity as to what a capital gains tax would hope to achieve. Frank Newman, who is a writer on investment and a part-time lecturer at Massey University, gives his views.
Equity, rather than the question of curing an over-investment in property, is the focus of a new paper on a capital gains tax for New Zealand.
The NZ Property Investors' Federation is concerned about the high level of misinformation around taxation of property and the introduction of a capital gains tax(cgt).
Property buyers seem to be taking more time to do their research before hitting the open-home circuit, with the internet now their primary source of information.
Investment schemes "dressed up" as property deals to avoid the rigours of the Securities Act could be brought to task by the Securities Commission in future, its chair Jane Diplock has suggested.
New Zealand house prices edged higher and properties were sold in a shorter amount of time last month as strong demand amid rising net migration and low interest rates continue to show signs of stabilisation in the property market.
The NZPIF has been campaigning on behalf of it's members in opposition to proposals to introduce a Capital Gains Tax for Property Investors.
While the Prime Minister John Key virtually ruled out a capital gains tax yesterday, he is much less unequivocal about other forms of tax on property investment.
Labour leader Phil Goff says his party is prepared to discuss a capital gains tax with the Government, opening the way for an accord on a tax that has long been a political hot potato.
John Roberts, GM of Veda Advantage, presented a new value plan for members at the recent NZPIF Conference
There has been a continuing decline in the total number of rental properties being advertised on www.trademe.co.nz and www.realestate.co.nz
Another era of leaky homes is being predicted, this time in older houses, due to new insulation standards.
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