Tauranga Property Investors' Association

022 626 7302

tauranga@nzpif.org.nz

News & Updates

Recent updates

Archive: 2021

Christmas party

Check in and come along, packed and ready, for our fun filled travel themed Christmas event at Classic Flyers hanger. Cost is $30 per person for members and $60 for non members.
13-12-2021 more >>

Not many mega-landlords

A Sunday Star Times article today claims that New Zealand is owned by a group of mega landlords and not the mum and dad landlords owning one or two rentals.
28-11-2021 more >>

NZPIF welcomes new Privacy Commission Guidelines.

The NZ Property Investors Federation (NZPIF) welcomes the new guidelines released by the Privacy Commission. These guidelines are governed by the Privacy Act 2020 and must be followed by all private rental property providers, including property managers.
11-11-2021 more >>

New program of compliance from Privacy Commissioner

The Privacy Commissioner is cracking down on the lack of compliance by property managers and agencies in a new program aimed at protecting tenants' personal information.
10-11-2021 more >>

Anne Tolley

This months speaker is Anne Tolley, former National Party MP and current Chairwoman and commissioner at Tauranga City Council.
08-11-2021 more >>

Zoom meeting - Ross Barnett

Due to COVID restrictions this months meeting will be on Zoom. This month's speaker is Ross Barnett of Coombes Accountants, who specialises in property accounts and is also the Treasurer of the Waikato Property Investor Association.
11-10-2021 more >>

Official Cash rate increased to 0.50 percent

The Monetary Policy Committee agreed to increase the Official Cash Rate (OCR) to 0.50 per cent. Consistent with their assessment at the time of the August Statement, it is appropriate to continue reducing the level of monetary stimulus so as to maintain low inflation and support maximum sustainable employment.
06-10-2021 more >>

Government's rental property interest deductibility details released

In March this year, the Government brought in radical changes for property investors, treating them differently from any other business by removing the ability to deduct mortgage interest as a legitimate business expense. MBIE, IRD, accountants and tax experts do not support these changes.
29-09-2021 more >>

Tony Alexander


13-09-2021 more >>

Official cash rate on hold at 0.25 percent

The Monetary Policy Committee agreed to retain the current stimulatory level of monetary settings, keeping the Official Cash Rate (OCR) at 0.25 per cent for now. Today’s decision was made in the context of the Government’s imposition of Level 4 COVID restrictions on activity across New Zealand. 
18-08-2021 more >>

Todd Muller

Meet with Bay of Plenty MP Todd Muller and share your concerns about government policy and its effects on property investors, those with large portfolios as well as one-property landlords. Todd will share Nationals views on capital gains tax, property management law and the policies National will implement or repeal around property investment and taxation when it forms the next government.
09-08-2021 more >>

Controversial tenant shows why 90 day notice needed

Sharyn Shepherd, also known as Hope Maree Taylor, is a convicted fraudster who has reportedly harassed her neighbours at the Otautahi Community Housing Trust complex so much that they are frightened to go outside.
26-07-2021 more >>

An Idiots guide to Financial Freedom

Debbie Van Den Broek from Rotorua Property Investors Association will explain why you do not need to be smart, rich, risky or clever to create your financial freedom with property investment. She will give us a personal and entertaining discussion into a blondes haphazard journey to property success that you could only improve upon.
12-07-2021 more >>

Reserve Bank approved to use debt to income ratios

The Reserve Bank of New Zealand has announced plans to add debt to income ratios to its tool kit to dampen investor demand for properties.
17-06-2021 more >>

Debt serviceability restrictions added to tools the Reserve Bank can use

The Reserve Bank and the Minister of Finance have agreed to update their shared Memorandum of Understanding (MoU) on macro-prudential policy and add debt serviceability restrictions to the list of potential tools available.
16-06-2021 more >>

AGM

June's event will be our AGM. Guest speaker will be Nick Tuffley from the ASB.
14-06-2021 more >>

Confusing consultation paper

The Government has released a 143-page discussion paper on removing mortgage interest tax deductibility on investment properties and the extension of the Bright line test.
12-06-2021 more >>

Sharon Cullick - NZPIF CEO

Sharon Cullwick from the NZPIF will present this special event which replaces the postponed April event. Sharon will talk about the changes within the NZPIF, recent legislation changes and the property investing industry. Please note - this special event is for CURRENT MEMBERS ONLY. We apologise but no guests or door payments will be accepted. Please also note the start time of 7pm with doors opening at 6.30pm.
26-05-2021 more >>

Landlords say money would be better spent on something else

The government used the housing announcements of March 23 as its main avenue for legislation relating to rental properties. Still, it has, however, set aside $80 million in the Budget for the Bond Centre, Tenancy Tribunal, and Healthy Homes initiatives.
21-05-2021 more >>

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 >>

MBIE

Steve Watson from MBIE Tenancy Compliance and Investigation Team will talk about their services. Steve is the National Manager Compliance and Investigations and Information and Education for Housing and Tenancy Services. Steve has a 35 year career in law enforcement and regulation. He was previously a Police Officer, but his last 10 years have been spent with MBIE and its former agency the Department of Labour. His previous roles include Compliance Manager for Immigration New Zealand, National Operations Manager of the Labour Inspectorates and his current role. He was awarded an MBIE Chief Executive leadership Award in 2016 for his leadership the all of Government collaborative regulatory work in the Immigration and Employment fields for the Canterbury Rebuild. He is passionate about achieving goals through collective action and by breaking down silos. In 2021 he was given an MBIE award for his leadership of an Incident Management Team during the Level 4 lockdown of March/April 2020 Our guest evening sponsor will be Nathan Gill of Powers realty. Nathan is described by clients as someone who is available, reliable and professional, his easy-going nature matched with an aptitude to clearly communicate and comprehensively advise, results in outstanding outcomes for all involved in a property transaction. We are having a special offer where the $75 joining fee will be waived for any new members joining on the night. Please take advantage of this offer by bringing along any family or friends who are interested in joining.
10-05-2021 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 >>

NZPIF update

Unfortunately due to adverse weather Sharon cannot make it to Tauranga so we need to postpone this months event. We apologise for the late notice but this is outside our control. Sharon Cullwick from the NZPIF will talk about the changes within the NZPIF, recent legislation changes and the property investing industry. This months event is proudly sponsored by Nathan Gill of Powers Realty. Nathan is described by clients as someone who is available, reliable and professional, his easy-going nature matched with an aptitude to clearly communicate and comprehensively advise, results in outstanding outcomes for all involved in a property transaction. SPECIAL PROMOTION - For all new members who join the TPIA before this meeting (12 April) we will waiver the one off $75 administration fee. The annual subscription will be $175 plus an extra $70 per annum if you choice to receive the New Zealand Property Investor magazine.
12-04-2021 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 >>


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