New Zealand Property Investors' Federation, (NZPIF) is the umbrella body for 20 local Property Investors' Associations throughout New Zealand.
Phone: (03) 357 9243
Members may have heard or viewed various reports in the media in recent weeks about the issue of residual methamphetamine in rental accommodation. This communication is intended as a summary of some key points that have emerged from the ongoing debate about the subject:
Auckland Council’s notification today of its new Unitary Plan is an historic step in enabling New Zealand’s largest city to better grow and prosper, Environment Minister Dr Nick Smith says.
Consultation on proposed changes to the Building Code to strengthen steel reinforcing mesh testing requirements has opened today, Building and Housing Minister Dr Nick Smith says.
IHC subsidiary Accessible Properties has been chosen as the preferred provider to take over the ownership of Housing New Zealand’s properties in Tauranga, Ministers Bill English and Paula Bennett say.
The Reserve Bank is deferring the start of the proposed changes to investor loan-to-value restrictions (LVRs) nationwide from 1 September to 1 October 2016, based on feedback from the banking industry from its recent consultation on the proposals.
“There are good and bad aspects of the Greens’ Residential Tenancies (Safe and Secure Rentals) Amendment Bill which was selected from the ballot today” says Andrew King, Executive Officer of the NZ Property Investors’ Federation.
During the July/August period, Andrew King has been interviewed by a variety of media about the minimum standards for rental properties which came into force on July 1, about the Labour Party policy announcements. changes in Reserve Bank policy on levels of LVR for property investors, and the Green Party's housing bill. Six NZPIF media releases have been distributed on these issues as well.
The Government is increasing the income and house price caps of the KiwiSaver HomeStart scheme to ensure it meets its objectives of helping New Zealanders buy their first home, Building and Housing Minister Dr Nick Smith says.
The Government is investing $9 million over two years in the next steps of its programme to support the most vulnerable New Zealanders’ housing needs, Social Housing Minister Paula Bennett says.
You can now come in to Bunnings stores and request a quote to have new insulation installed in your rental properties and homes that will comply with the new laws. It’s that easy!
Since the announcement of our partnership, MyRepublic have been inundated with enquiries from members interested in getting fibre at home, at their rental properties for tenants and at the office.
Guthrie Bowron is New Zealand’s decorating specialists, and are proud to have been a trusted New Zealand brand since 1896.
Here is a free resource form ANZ that will keep you in touch with the latest developments in the property market - and what may happen in the future. From a quick overview of market trends to in-depth reviews of key issues, the Property Focus is essential reading for anyone interested in the property market.
The Reserve Bank has today released a consultation paper proposing changes to loan-to-value restrictions (LVRs) to further mitigate risks to financial stability arising from the current boom in house prices.
One of the Reserve Bank's tasks is to keep inflation between 1% and 3%. It appears that the purpose of the LVR tightening is to allow the Reserve Bank to lower interest rates, thereby stimulating the economy and lowering the NZ dollar.
Brian Fallow's extraordinary opinion piece against rental property owners demands a reply. His view has been fixed since he became a journalist and there appears to be no way that they will change. However New Zealand deserves to hear the complete story.
Last week Labour leader, Andrew Little, said he was announcing new measures that he maintained were aimed at traders and speculators, not investors providing rental accommodation. Labour is proposing to target rental property owners with an extension to the Bright Line Test and by banning negative gearing.
When asked by a journalist yesterday if any of Labour’s housing announcements would target investors, Andrew Little clarified that they would target speculators, "those looking to for short term gain in the housing market."
The Reserve Bank has stated that housing supply is the real issue in house price increases. However because they cannot influence supply, they are threatening rental property providers with tighter Loan-to-Value Ratios (LVRs) and Limits on Debt-to-Income ratios (DTIs).
Following QV's monthly housing report released today, the Prime Minister’s advice to further hinder the provision of rental properties in New Zealand is misguided.
Andrew King, Executive Officer of the NZPIF, looks into the facts behind the media hype
The Prime Minister today announced a new $1 billion Housing Infrastructure Fund to accelerate the supply of new housing where it’s needed most, Finance Minister Bill English and Building and Housing Minister Dr Nick Smith say.
Over May and June, Andrew King has been interviewed by representatives of the media on a number of occasions. First of all he was asked for comment on the housing aspects of the 2016 Budget. Then the change of the Tenancy law requiring minimum standards for rentals became the hot issue as the end of June approached.
Tenancy law changes covering smoke alarms, insulation, enforcement of standards and property abandonment come into effect tomorrow, Building and Housing Minister Dr Nick Smith says
It is worth looking at the heating options offered by Infracomfort. They have reduced pricing and have a new product to offer.
Grants of up to $5000 to cover costs involved in moving from Auckland will be available from Monday, 20 June, for eligible people who may want to relocate to other areas of the country but find cost a barrier.
National MP Andrew Bayly is proposing changes in the law to address the problem with methamphetamine-contaminated houses.
A recent CoreLogic report has claimed that 46% of property sales in Auckland over the last month were to investors. This figure was obtained by counting the number of properties bought by people who have an existing home. Apart from investing, there are many other situations where this may occur.
The NZPIF insurance providers - Initio and First Lane Insurance - have provided these eight tips for reducing risk as a landlord
The Government’s proposed National Policy Statement on Urban Development Capacity will require councils to ensure land supply for housing and business keeps pace with growth, Environment, Building and Housing Minister Dr Nick Smith says.
The Residential Tenancies Amendment Bill passed unanimously by Parliament today requiring smoke alarms and insulation in rental properties will save 1000 lives during the next decade, Building and Housing Minister Dr Nick Smith says
The NZPIF is pleased to announce that it has negotiated a discount on MyRepublic’s fibre broadband plans for all members and partners of the Property Investors’ Associations nationally
Issues of concern to the media were rising rental prices, Labour's Bill on minimum standards, landlords being liable for unintentional damage by tenants, number of foreign buyers of houses and the 2016 Budget.
“It's great that the 2016 Budget has extended the Healthy Homes Initiative with an extra $18m,” says Andrew King, Executive Officer of the NZ Property Investors’ Federation (NZPIF).
Budget 2016 is a forward-looking Budget that invests in a growing economy
The Government has a wide range of work underway to progress social housing reforms that will help the community housing sector grow and innovate, Ministers Bill English and Paula Bennett said today.
Two recent Tenancy Tribunal cases have increased the risk levels for landlords where P is found in their properties.
There are some reasonably simple steps you can take to improve your tenants living standards and better protect your rental property.
Hundreds of state homes already under construction Housing New Zealand is already building more homes than the Greens’ rushed policy proposed, and additional social houses are also being sourced from Community Housing Providers, Ministers Bill English and Paula Bennett say.
Here is the background of three of the Conference speakers and each has a message which will sustain you during the following 12 months.
Progress is being made in tackling Queenstown’s housing shortage, with the second monitoring report showing the local council has more than met its first-year consents target, Building and Housing Minister Dr Nick Smith says
The new position by the Labour opposition calling for an abolition of city limits has been welcomed by Building and Housing Minister Dr Nick Smith.
Last month I wrote about house prices rising and the calls for more regulation. Unfortunately the calls for more regulation have been heard and the Reserve Bank is looking to introduce loan-to-income restrictions for mortgages.
"It is good to finally have some actual numbers around foreign buyers of New Zealand property" says NZ Property Investors Federation Executive Officer, Andrew King, "even if they may not be exact".
A Government Bill to make homes warmer, drier and safer for New Zealanders who live in rental properties has passed its second reading in Parliament by 107 to 14.
The house sale statistics for March came out recently and showed that Auckland prices had risen after falling for several months. Other areas around New Zealand are also seeing house price increases and a new wave of media property angst developed.
The latest monthly QV House Price Index shows that the dip in values which started in December only lasted two months.
Labour has reintroduced their Healthy Homes Bill which would make insulation and heating compulsory in rental properties.
Labour’s so-called Healthy Homes Bill is lacking in detail, slow in timing and unworkable in practise, Building and Housing Minister Dr Nick Smith says.
The NZ Property Investors' Federation generally supports the Residential Tenancies Amendment Bill, which introduces minimum standards for residential rental properties.
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