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

Information for members on Level 4 Covid-19

Sharon Cullwick, Executive Officer, and Peter Lewis, Acting President have written this letter to members.
24-03-2020 more >>

Letter from NZPIF Acting President and NZPIF Executive Officer to members

The measures that Government are taking to limit the effect of Covid-19 are going to have a variable effect on different business and employees. We must all do our best to support those who are wearing a higher burden in the fight against Covid-19. While residential rental property should not be directly affected as much as other industries, there will be job losses, reduced income from self-isolation and reduced work from decreased business activity.
24-03-2020 more >>

OCR reduced to 0.25%

The Official Cash Rate (OCR) is 0.25 percent, reduced from 1.0 percent, and will remain at this level for at least the next 12 months. The negative economic implications of the COVID-19 virus continue to rise warranting further monetary stimulus.
16-03-2020 more >>

Taranaki Property Investors' Association has postponed its planned March 17 meeting in New Plymouth

The Taranaki Property Investors' Association has postponed its scheduled Tuesday evening [March 17] public meeting in New Plymouth due to the coronavirus risk. President Richard Woodd said the association had made the decision in the interests of the potential risk to the health of its members and guests.
16-03-2020 more >>

ASB Housing Confidence survey January 2020

Housing confidence is to be tested.
12-03-2020 more >>

Record rental prices

Rental price statistics for February 2020, just released, show an all-time highest average national rental price of $480 per week. This compares with $460 in February 2019 and $440 in February 2018.
11-03-2020 more >>

Two 2020 Awards now open for members

The two awards are Landlord of the Year sponsored by MBIE and NZPIF/Resene Renovation of the Award sponsored by Resene. These two Awards are now open and application forms can be found on www.nzpif/org/nz .
06-03-2020 more >>

Landlords - have you ever thought of yourself as a criminal?

"Landlords, do you realise that under the proposed changes outlined in the Residential Tenancy Amendment Bill, currently before the Social Services and Community Select Committee, you now have a much higher chance of being charged with criminal offences regarding your rental property?" asks Sharon Cullwick, Executive Officer of the NZ Property Investors' Federation (NZPIF)
05-03-2020 more >>

NZPIF continues campaign with a new Executive Officer

The NZ Property Investors' Federation (NZPIF) Executive Committee is very pleased to announce the appointment of Sharon Cullwick as the new NZPIF Executive Officer.
03-03-2020 more >>

Appointment of a new NZPIF Executive Officer

It is wonderful news that Sharon Cullwick, our NZPIF President, has been appointed to take over from me as NZPIF Executive Officer. For an industry as large and as important as ours, the Executive Officer role deserved to be more than a part time position and the NZPIF Executive is to be congratulated for making this happen.
03-03-2020 more >>

REINZ survey findS more than 80% of Kiwis disagree with ending the 90-day notice

More than 80% of New Zealanders disagree with ending the no-cause 90-day notice as outlined in the proposed changes to the Residential Tenancies Amendment Bill, according to a recent survey conducted by the Real Estate Institute of New Zealand (REINZ).
02-03-2020 more >>

Submissions about the RTA changes now open until March 25 2020

Residential Tenancies Act Reform Team has sent out the information which follows about the progress of the Residential Tenancies Amendment Bill. Submissions can now be sent in to the Social Services and Community Select Committee
26-02-2020 more >>

The story behind the rental price statistics for 2019

Rental price statistics for 2019 came out recently and were very interesting to go through. The median rent for all areas and all property sizes and types hit an all time high of $468 per week, which is 4% higher than December 2018.
21-02-2020 more >>

Insulation issues - the facts

The writer of the editorial (NZ Herald, February 7) says it is inexcusable that an increasing number of families have been living in substandard accommodation when the health and social effects of doing so are widely known. Andrew King, from the NZ Property Investors' Federation writes to correct some of the misconceptions in this editorial
18-02-2020 more >>

Government Bill puts neighbours at risk

The Government has today released a new Bill aimed at improving the lives of tenants. "One aspect will only make it easier for antisocial tenants to ruin the lives of their neighbours. Another will allow tenants to decide if they will stay at a rental property even if the landlord wants to end the tenancy,” says Andrew King, Executive Officer of the NZ Property Investors' Federation (NZPIF). "The NZPIF has joined forces with the REINZ in opposing these two aspects of the Bill.”
17-02-2020 more >>

REINZ and NZ Property Investors Federation join forces on proposed RTA changes

The Real Estate Institute of New Zealand (REINZ) and the New Zealand Property Investors' Federation have today announced that they are joining forces to challenge some of the proposed changes to the Residential Tenancies Act (RTA) which were announced by the government at the end of 2019.
16-02-2020 more >>

Misguided attempts to improve the housing situation

Today there have been calls to rehash the capital gains tax argument and restrict the ability for rental property owners to borrow funds. These are misguided calls.
14-02-2020 more >>

Official Cash Rate (OCR) remains at 1.0 percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment is at or slightly above its maximum sustainable level while consumer price inflation is close to the 2 percent mid-point of our target range. Low interest rates remain necessary to keep employment and inflation around target.
12-02-2020 more >>

Annual rent movement highest in 11 years

"High rental price increases should not come as a shock to anyone", says Andrew King, Executive Officer of the NZ Property Investors' Federation (NZPIF). "While Statistics NZ has pointed to the Healthy Homes legislation, this is only one change that has pushed rental prices higher."
25-01-2020 more >>

Setting and meeting goals

The Christmas period is a wonderful opportunity to take some time to think about long term goals. Back in December of 2009, I set a 10-year goal of stopping paid work and starting to travel more and take on new experiences. So that goal date was last month and boy has it come around quickly.
21-01-2020 more >>

Many changes in the rental property industry over the last few years

Many changes have occurred to the rental property industry over the last few years. The NZ Property Investors Federation has been extremely active in providing a voice for rental property providers. It has been hard work; however it is pleasing to start seeing some good results.
21-12-2019 more >>

Neighbours from hell will increase

A Christchurch motel owner has had to put up with what he describes as "neighours from hell", despite police, Corrections, the SPCA and dog control trying to help. The motel owner is the latest victim of antisocial tenants.
27-11-2019 more >>

All New Zealand will be affected by tenancy changes

Government has announced the changes they intend to make to the Residential Tenancy Act. We managed to get some wins, such as the rules around pets will not change and modifications that tenants can make to the property are minor and still need the landlord's con
20-11-2019 more >>

Landlords will not be able to protect neighbours

Government has announced a raft of changes to the Residential Tenancies Act. The Minister has said he does not want to be seen to unduly punishing landlords. These changes do more than punish landlords however. They will punish anyone living next to a tenant with antisocial behaviour. 
17-11-2019 more >>

Already hard for landlords to protect neighbours

After more than seven months of trying to end a tenancy to protect neighbours, a Rotorua property manager has finally received approval from the High Court to end the tenancy.
15-11-2019 more >>


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