New Zealand Property Investors' Federation

The NZPIF is the umbrella body for 20 local Property Investors' Associations throughout New Zealand.

(027) 357 9243

www@nzpif.org.nz

News & Updates

Recent updates

Federation News

Government rejects first home buyers, tenants and rental providers

The First Home Buyers Club, Tenants Protection Canterbury and the NZ Property Investors Federation have presented a letter to Government requesting them to reconsider removing mortgage interest costs on rental properties.
12-05-2021 more >>

Officials against rental property interest deductibility removal

Newly released information shows that in addition to Inland Revenue and Treasury, officials from the Ministry of Housing and Urban Development were unanimous in advising the Government against removing rental property mortgage interest as a tax deduction. This opposition is also supported by economists, the general public and even tenant groups who are also stating that the policy will lead to rent rises.
04-05-2021 more >>

Filling the information gap

The recent Government housing policies appear to have been implemented without much information about the likely outcomes. There was also lack of time for impact statements to be produced by Inland Revenue and Treasury.  In order to fill the information gap, the New Zealand Property Investors Federation (NZPIF) conducted a survey to see how these changes will affect the rental property industry.
07-04-2021 more >>

New information changes the perspective

A survey of mortgage advisors by independent economist Tony Alexander has shown that the Government may have been too quick to disincentivise rental property providers.
01-04-2021 more >>

Summary of changes announced by the Government on March 23

Here is a summary of the proposed changes and fact sheets explaining the detail
24-03-2021 more >>

Unintended consequences of today's housing announcements

The Government today made announcements which prioritises first home buyers over renters.
23-03-2021 more >>

Government housing package backs first home buyers

This is the media release from the Prime Minister, Minister of Housing, Minister of Finance and Attorney General
23-03-2021 more >>

Planning your maintenance

Your property is a major asset, and like any asset it is in your own best interests to maintain it well and so preserve and enhance its value. Peter Lewis, Vice President of NZPIF, discusses the issues.
16-03-2021 more >>

New Residential Tenancies Act making it harder to house people

One of the changes to the Residential Tenancies Act has been the removing the 90-day no-cause termination and the inability to give a tenant a trial period to assess their suitability.
15-03-2021 more >>

Different ways to change a tenancy agreement

Tenancy Services has updated their website content to describe and distinguish different ways to change a tenancy agreement. Landlords and tenants should decide together which approach best suits their situation. The type of change to a tenancy agreement will have an impact on the healthy homes compliance date and Residential Tenancies Amendment Act 2020 law changes that apply.
15-03-2021 more >>

An early exit from a fixed-term tenancy could be expensive

Tenants who choose to end fixed-term tenancy agreements are discovering that they are likely to receive large bills.
06-03-2021 more >>

Removal of the no-cause 90-day termination not working

Within the last few months we have seen and heard of multiple cases, for example in Greymouth, Christchurch and Auckland, where tenants have had anti-social incidents that have resulted in either full-time security guards being placed outside houses or trespass notices being given to tenants to prevent them from disturbing their neighbours in Kainga Ora houses.
26-02-2021 more >>

Reply to opinion piece by Bernard Hickey in Sunday Star Times 7 February 2021

In an opinion piece in the Sunday Star Times on 7 February, Bernard Hickey once again made unfounded, inaccurate and untrue statements about rental property providers in New Zealand.
15-02-2021 more >>

New loan-to-value ratio (LVR) restrictions

Today the Reserve bank has released its new lending LVR restrictions in a bid to slow down the bolting housing market.
09-02-2021 more >>

New LVR restrictions put in place by the Reserve Bank

The Reserve Bank of New Zealand - Te PÅ«tea Matua is putting in place more stringent loan-to-value ratio (LVR) restrictions to reduce the risks to financial stability caused by high-risk mortgage lending. The LVR restrictions do not apply to new residential construction.
09-02-2021 more >>

NZPIF response to the Privacy Commissioner

The NZPIF agrees with the Privacy Commissioner NZPIF response to the Privacy Commissioner that the collection, retention, and disclosure of personal information on tenants must be open and fair.
04-02-2021 more >>

Amalgamation of Property Investors Associations in Wellington announced

The New Zealand Property Investors Federation (NZPIF) is delighted to announce the amalgamation of Capital and Wellington Property Investors Associations. The new association will continue under the name of Wellington Property Investors Association.
04-12-2020 more >>

Separate division of the Tenancy Tribunal essential

The latest figures for the Tenancy Tribunal have been released for November. The statistics show that the majority of applications to the Tribunal are made by landlords and are for rent arrears and bond refunds.
03-12-2020 more >>

ANZ sees some cooling in the housing market in time - November Property Focus

Housing demand has remained strong, spurred by low mortgage rates and a speculative dynamic but ANZ does not think this is sustainable
26-11-2020 more >>

Catch up with maintenance with Daich Coatings

Spring has sprung and summer is almost upon us. The holiday break is an excellent time to catch up on maintenance and it may come as a surprise that some of those tasks in the too hard basket may be easier than you think.
18-11-2020 more >>

An education program for landlords by landlords

After calls for regulation of the rental property industry earlier this year, the New Zealand Property Investors' Federation (NZPIF) has developed an education program designed specifically for self-managing landlords, who make up 60% of all property managers.
08-10-2020 more >>

Relief for tenants

The NZ Property Investors Federation is extremely pleased that National is looking to provide more homes for tenants, while better protecting all New Zealanders from living next to antisocial tenants.
06-10-2020 more >>

OCR is being held at 0.25 percent

The Monetary Policy Committee agreed to continue with the Large Scale Asset Purchase (LSAP) Programme up to $100 billion. This action is necessary to further lower household and business borrowing rates in order to achieve the Committee's inflation and employment remit. The Official Cash Rate (OCR) is being held at 0.25 percent in accordance with the guidance issued on 16 March.
24-09-2020 more >>

Rigorous deadlines and paperwork for HHS

The Healthy Homes Standards (HHS) were introduced to ensure there would be minimum standards for heating, ventilation, insulation, moisture ingress and drainage, and draft stopping in all rental properties. All private rental houses must comply within 90 days of any new or renewed tenancy after 1 July 2021
22-09-2020 more >>

September newsletter from Tenancy Services

This newsletter covers updated guidance document for moisture ingress and drainage, how to avoid bond refund delays, an online tool to work out when you can give notice to end a tenancy and translated information for new tenants.
15-09-2020 more >>


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