New Zealand Property Investors' Federation, (NZPIF) is the umbrella body for 20 local Property Investors' Associations throughout New Zealand.
Phone: (03) 357 9243
The Government introduced to Parliament today its substantive Bill overhauling the Resource Management Act (RMA) to support business growth and housing development while also ensuring more effective environmental management, Environment Minister Dr Nick Smith has announced.
Ministers Bill English and Paula Bennett are pleased to announce the Government is now taking Expressions of Interest from Community Housing Providers (CHPs) to transfer social housing in Invercargill and Tauranga.
One of the roles of NZPIF is to make sure the views of members of all affiliated Associations are heard. Andrew King has been interviewed nine times over the last two months and two media releases have been circulated.
You can now go online to tenancy bond lodgements and Tenancy Tribunal applications
The following is a summary of political and regulatory news or comment affecting the residential rental property industry.
A new version of Homestar, the rating tool for New Zealand home sustainability, aims to make it easier for apartment buyers to gauge the health and efficiency of their homes.
Tenancy Services has a dispute resolution service for landlords and tenants making it faster and easier to formalise a rent arrears or debt-related agreement if the two parties involved in the dispute have reached agreement prior to filing a Tenancy Tribunal application.
New Zealand’s financial system continues to perform well despite a deterioration in the outlook for global financial stability and increased risks related to the dairy and housing sectors, Reserve Bank Governor, Graeme Wheeler, said today
Andrew King was the first presenter at the 2015 NZPIF Conference and was asked to update attendees on the property market and where we are in the cycle. He said it was very interesting to do the research and see how different this cycle is behaving compared to previous ones.
P-users are delaying vulnerable people from getting access to social housing and have forced Housing New Zealand to demolish 14 contaminated homes in three years, Social Housing Minister Paula Bennett says.
Labour’s ground-breaking new policy on reforming planning rules will make housing more affordable, Labour’s Housing spokesperson Phil Twyford says.
Changes to discourage people from refusing reasonable social housing offers will help house vulnerable New Zealanders sooner, Social Housing Minister Paula Bennett says.
Building and Housing Minister Dr Nick Smith today welcomed the signing of a contract between the Ministry of Business, Innovation and Employment (MBIE) and information technology company Unisys to build a new system that will enable landlords to lodge tenancy bonds online.
New Zealanders have beaten stiff competition from Australia, picking up multiple awards at a ceremony celebrating excellence in community housing this week.
As a landlord you never know what is around the corner. You can be ready for any eventuality if you have Brian Kerr’s books as your ready reference. Now is the time to purchase at sale prices.
Auckland and its surrounding regions have driven most of the recent growth in building consents for new dwellings, Statistics New Zealand said today
Global economic growth is below average and global inflation is low despite highly stimulatory monetary policy.
One-person households are projected to be the fastest growing household type in New Zealand, increasing from 390,000 in 2013 to 580,000 in 2038, Statistics New Zealand said today. They will account for 27 percent of all households in 2038, up from 24 percent in 2013.
Residential property investors are confident, have reduced debt ratios and are looking to buy more properties – but see government intervention as their biggest risk, according to the 2015 ANZ Property Investment Survey.
In opening the Community Housing Aotearoa’s 2015 Conference, Paula Bennett outlined a number of issues
Dolf de Roos was all of these and more. As the keynote speaker of the 2015 NZPIF, he began his first session with the advice “preach what you practise” and then proceeded to outline the variety and depth of his experience – his practise – in property investment. Here are some gems from his very wide ranging presentations during the weekend
Andrew King gave an excellent review of the rental market at the 2015 NZPIF Conference in Auckland on Saturday 17th of October.
Angela Strang is 2015 Landlord of the Year. She is a member of the Southland Property investors’ Association and was presented with this prestigious award at the annual NZ Property Investors’ Federation Conference held in Auckland at the Crowne Plaza on Sunday
Kesh Maharaj was a powerful speaker at the NZPIF Conference, sharing his ideas about the attitudes and systems which lead to success as a property investor. His presentation was brimming with excellent points about the systems new investors to plan and monitor the development of their portfolios
Jonno Ingerson has been analysing the housing market data in terms of who is buying what?
Renters were almost twice as likely to report a damp house problem as home owners in 2014, Statistics New Zealand said today. Just under half of renters reported they had a problem with dampness or mould, compared with around one-quarter of home-owners.
REINZ, the most up to date source of real estate data in New Zealand, announced today that there were 8,174 dwelling sales nationwide in September 2015, up 38.3% on September 2014 and up 5.3% on the previous month, August.
Despite the minimum standards not even being in law yet, the Green Party has already reignited the issue with their Residential Tenancies Amendment Bill. A large part of this Bill is the call for a full WOF for rental property.
Revenue Minister Todd McClay says the new bright-line test, which comes into force today, will improve compliance with the current residential land sale rules and help to ensure that people pay their fair share of tax on gains from property sales.
He talks about the way that we approach economic policy in one area in particular – the housing market.
Treasury and the Ministry of Social Development are looking to identify further opportunities for the supply or transfer of social housing, Ministers Bill English and Paula Bennett say.
New Zealanders are fed up wasting time and money trying to work with loopy rules. We were tasked with identifying rules and regulations which are not fit-for-purpose and which impose unnecessary bureaucratic burdens on property owners and businesses.
Eight new properties being opened today show the importance community organisations play in housing vulnerable New Zealanders, Social Housing Minister Paula Bennett says.
Statement by Reserve Bank Governor Graeme Wheeler
The Taxation (Bright-line Test for Residential Land) Bill, which contains proposals to improve compliance with the tax rules on the sale of residential land, has passed its first reading in Parliament.
The latest monthly QV House Price Index shows that nationwide residential property values for August have increased 11.3% over the past year
Sales volumes, the median days to sell and annual house price inflation in July were all the strongest since 2007, with sales activity in the upper North Island strengthening
Tenancy Tribunal statistics show that nearly 50% of the tenant applications against landlords contained a claim for exemplary damages from the landlord, while less than 0.5% of landlords applications were for exemplary damages.
The Reserve Bank expects new lending limits for Auckland property investors will reduce heightened financial system risk, and help moderate the Auckland housing market cycle, Deputy Governor Grant Spencer said today.
The Reserve Bank today published a summary of submissions and final policy positions in regards to changes in the Loan to Value Ratio restriction rules (LVRs), and the asset classification of residential property investment loans in the Capital Adequacy Framework.
Infracomfort is a preferred supplier of home heating to members of Property Investors’ Associations.
This survey was sent out in July to all members of property investors’ associations in New Zealand. 664 took part answering questions about the cost of providing rental property, heating and insulation and about landlords’ experiences with the Tenancy Tribunal.
Media was a little less focused on property investors during July and August. However, the effects of announced policy on groups such as bach owners was highlighted. Also the Child Poverty Action Group remained unsatisfied by the Government announcements regarding heating and insulation and continued to call for a WOF for rental properties.
The Government is investing in a single website for all Building Code information to make it easier to access and comply with building regulations, Building and Housing Minister Dr Nick Smith announced today
Latest Reserve Bank lending data showed that the proportion of lending to investors has risen from 29 percent to 33 per cent over the last year. Following this release, some headlines have read "Investors head first-home buyers", "Auckland is a ‘speculators’ paradise" and” Investors dominate first home buyers".
The Reserve Bank today confirmed that at this stage some further monetary policy easing is likely to be required to maintain New Zealand’s economic growth around its potential, and return CPI inflation to its medium-term target level.
The ASB Housing Confidence Survey, three months to July, was released today.
The ASB Housing Confidence Survey, three months to July, was released today.
Statement by Reserve Bank Governor Graeme Wheeler:
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