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 >>

Hawkes Bay PIA monthly meeting February 17

Overcoming challenges
17-02-2020 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 >>