Verbal submissions were made today to the Social Services Select Committee looking into changes to the Residential Tenancies Act. A section of the Act gives tenants the right to perform up to eight significantly disruptive acts a year, and, as long as there are not more than two of these in any one three month period, it will not be until the end of that year that their landlord can apply to have their tenancy ended with three months’ notice. 17-04-2020 more >>
The NZ Property Investors Federation (NZPIF) has just organised the first in a series of surveys of rental property owners and property managers to see how they are being affected by the Covid - 19 lock down. 03-04-2020 more >>
Help us to find out what is actually happening for rental property providers by participating in our survey. It is very short and should only take a few minutes. You can complete it by clicking on the link below. 02-04-2020 more >>
Covid-19 relief package from the Government includes increasing the threshold from $500 to $5,000 which will determine which assets can be written off as expenses for the 2020/21 tax year. 01-04-2020 more >>
The NZ Property Investors’ Federation is concerned that many tenants have mistaken the Government announcement banning rent increases as a freeze on having to pay rent. 30-03-2020 more >>
On Monday 23 March the Prime Minister announced that we will be freezing residential rent increases and providing greater protections for tenants against having their tenancies terminated. 26-03-2020 more >>
Sharon Cullwiick, NZPIF Executive Officer, says you would think that supplying a house for someone to occupy would be an essential service, but it would seem not. 26-03-2020 more >>
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 >>
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 >>
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 >>
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 >>
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, 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 >>
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 >>
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 >>
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 >>
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 >>
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 >>
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 >>
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 >>
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 >>
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 >>
