No Capital Gains Tax is welcome news The Government’s announcement that they are not going to introduce a Capital Gains Tax (GCT) was very welcome. It is disappointing, however, that they are being attacked for their sensible decision. 19-05-2019 more >>
Tax Working Group report The Tax Working Group has released their report and as expected it is a comprehensive (except for the family home) Capital Gains Tax. 01-04-2019 more >>
Tenant advocate news Unfortunately I am having to write this just before the Tax Working Group recommendations are released, which is a shame. Fortunately (or perhaps unfortunately) there are many topics affecting our industry which I can write about. 09-03-2019 more >>
Property wellness check The start of a new year is a good time to take stock of what is happening with your investments. Think of it like a wellness health check. 10-02-2019 more >>
Ring fencing update Last year ended with the disappointing news that ring-fencing of rental property losses would no longer be permitted, despite it being available to all other forms of tax losses. Along with the Bright Line Test, this is another tax change which will only apply to rental property. 09-01-2019 more >>
Two important industry reviews The NZPIF has spent a considerable amount of time and effort working on the Residential Tenancies Act Review and the Healthy Homes Standards. 01-12-2018 more >>
NZPIF has always considered needs of tenants but tenant advocates have a different perspective From speaking to some tenant advocates it is clear that we come to the discussion from two very different viewpoints. It appears to me that some of the more vocal tenant advocates are extreme and one sided in their thoughts with an unrealistic expectation for the outcomes of their proposals. 01-11-2018 more >>
Capital gains tax may be in doubt By the time you read this article, the Tax Working Group should have released its interim report, with a Capital Gains Tax (CGT) expected to be the centre piece. 01-09-2018 more >>
Impact of LVR restrictions Corelogic recently published some interesting information regarding the impact of LVR restrictions introduced by the Reserve Bank. 01-08-2018 more >>
Tax Working Group agrees property fairly taxed We commissioned Financial and Economics Consultancy, Morgan Wallace, to review the study. Morgan Wallace produced a report showing that they had uncovered serious flaws with the TWG's study, leading them to conclude that apart from bank deposits, rental property is actually taxed at a higher rate than other asset classes. 01-07-2018 more >>
Sharon Cullwick, new NZPIF President I'm very pleased to let you know that Sharon Cullwick has been elected as President of the NZ Property Investors' Federation, taking over from Terry le Grove. 01-05-2018 more >>
Students and rising rents Last December Trade Me reported that rents were going up around the country. Hardly surprising to rental property providers. 01-04-2018 more >>
Bright Line test extension not a good idea Property Investor Associations educate investors to buy and hold their rental properties for the long term. It is a shame that Labour are pushing ahead with increasing the Bright Line Test from two to five years, but it isn't the end of the world for most of us. 18-03-2018 more >>
Lack of rental property supply Recent information from Trade Me indicates that there is a lack of adequate rental property supply in many parts of New Zealand. There could be a few reasons for this. 18-02-2018 more >>
It will be a challenging year for rental property providers It is the start of what is likely to be a challenging year for rental property providers. Hopefully you will have some time off work and while rest and recreation is important, it is also a good time to take stock of your investments. 18-01-2018 more >>
Activity of two relatively new tenant advocacy groups. . These groups sent out a call to their supporter database and social media channels asking for peoples "stories" about how they found renting and the condition of their rental properties. They then interpreted these stories to produce a report of what renting is like in New Zealand. 09-09-2017 more >>
Public submissions have be called for RTA Amendment Bill (No 2) The Residential Tenancies Amendment Bill (No 2) covers three key areas - unlawful rental properties, meth in rental properties and fixing up the debacle of tenants not being responsible for damage that they cause. 09-08-2017 more >>
Renting out unlawful premises Building and Construction Minister, Nick Smith, recently introduced the Residential Tenancies Amendment Bill (no 2). While the part seeking to address the situation of tenants not being responsible for accidental damage they cause has received a lot of attention, there is another significant part to the Bill. This relates to landlords renting out unlawful premises. 09-07-2017 more >>
Labour's tax policy 2 In the April I wrote about Labour confirming they would remove the ability to deduct tax losses from property against other forms of income. Unfortunately they recently made it official at their annual conference. 09-06-2017 more >>
Homes are more affordable An NZPIF study shows that while it is hard for first home buyers to get into their first home, it has always been this way. 09-05-2017 more >>
