Tauranga Property Investors' Association
Letter from the Hon Dr Megan Woods and a document of Q&AThis letter was written and circulated to all property stakeholders on March 27
28-03-2020 more >>
Covid-19 urgent legislation. This relates to rent freeze and tenancy changesOn 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 >>
Housing should be considered an essential serviceSharon 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 >>
Information for members on Level 4 Covid-19Sharon 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 membersThe 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 PlymouthThe Taranaki Property Investorsâ€™ 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 2020Housing confidence is to be tested.
12-03-2020 more >>
Record rental pricesRental 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 >>
Main speaker will Sunvil Ahsan along with Mike Greer Homes Introduction and opportunities for investmentJoin us for our March meeting where we have an inspiring investor story from Sunvi Ahsan. Originally a mechatronics engineer he worked for 10 years before deciding to call it quits and work for himself doing what he enjoys. At present Sunvi is doing joint ventures with 2 others to renovate homes, he is also doing some property trades & small scale development as well as being involved with various charity organisations. Sunvi believes it is important we understand our purpose of existence and minimum needs to be satisfied which should equate to self satisfaction and happiness in life. An interesting mix for a property investor. The evening sponsor tonight will be Darryl Smith of Mike Greer Homes. He will give an introduction and overview of Mike Greer Homes and the Developments they have underway together with opportunities for Investment. More information and details of main speaker to follow.
09-03-2020 more >>
Two 2020 Awards now open for membersThe 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 OfficerThe 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 OfficerIt 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 noticeMore 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 2020Residential 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 2019Rental 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 factsThe 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 riskThe Government has today released a new Bill aimed at improving the lives of tenants. â€œOne 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,â€ says Andrew King, Executive Officer of the NZ Property Investorsâ€™ Federation (NZPIF). â€œThe NZPIF has joined forces with the REINZ in opposing these two aspects of the Bill.â€
17-02-2020 more >>
REINZ and NZ Property Investors Federation join forces on proposed RTA changesThe Real Estate Institute of New Zealand (REINZ) and the New Zealand Property Investorsâ€™ 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 situationToday 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 percentThe 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 >>
CHANGE OF EVENTWe have been superceded by the National Party caucus at our venue this coming Monday evening. The Bowling Club was double booked and we have had difficulty finding another venue at such short notice. Given this and the Waitangi Day and weekend getaways, we have slated our guest speaker to March. We have reserved about 20 seats at Macau in the patio area from 5:30pm to 7:00pm Monday evening for an informal mingle and catchup for anyone who wants to chat about new trust law changes, healthy home standards, or just investment topics in general. Macau's happy hour is until 6pm, so we get the last 30 minutes. We apologise for any inconvenience caused but these circumstances are beyond our control.
10-02-2020 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 goalsThe 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 >>