Hawke's Bay Property Investors' Association

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hawkesbay@nzpif.org.nz

News & Updates

Recent updates

Tag: federation reports

  • Tenancy Tribunal Issues
    A few weeks ago I had a meeting in Central Auckland and parked in a commercially owned Pay-And-Display carpark. The meeting was expected to last half an hour so as you could only buy time in Half Hour lots of $5, I paid for one hour to account for time to get to the appointment.
    01-05-2013 more >>
  • Nick Smith to look at Warrants of Fitness for Rental Property
    Following a recommendation by the Childrens' Commissioner, New Minister of Housing, Nick Smith, has requested that his officials look into the feasibility of a Warrant of Fitness for rental property.
    01-04-2013 more >>
  • Can any worker can own a home?
    After last months article on housing affordability, where I looked at reasons why we do not have a housing crisis, I started to wonder if in fact anyone who was employed could own a home.
    01-03-2013 more >>
  • Housing affordability myth
    The housing market is continuing to take a battering from well intentioned but misinformed lobby groups and political parties concerned about house prices. Facts do not back up their beliefs however.
    01-02-2013 more >>
  • Jan 2013 President's Report
    The Waikato Property Investors’ Association and indeed the New Zealand rental industry lost a real asset with the passing of Brian Hancock shortly after the Waikato Conference last year.
    01-01-2013 more >>
  • NZPIF 2012 Roundup
    This has been quite a year for the Rental Property industry. Since 2008, the NZPIF has been saying that the housing market is likely to be quiet until 2012 and this seems to have been a fairly accurate prediction. While it is certainly early day’s, the housing market is now nearing boom like increases in some parts of the country and is likely to move in other parts soon.
    01-12-2012 more >>
  • NZPIF Conference '12 Report
    This years NZPIF conference in Hamilton was another major success. Attendees experienced a full weekend of devouring property related information plus sharing war and successes stories with other attendees. The mood was buoyant with many attendees looking to take advantage of market conditions.
    01-11-2012 more >>
  • NZPIF rejects call for Rental Property WOF
    The Childrens’ Commissioner established the grandly titled “Experts Advisory Group on Solutions to Child Poverty” in March this year. This group has recently produced its first report which included a number of proposals that the group claimed were “ambitious, but they are also realistic, cost-effective, based on evidence, and take into account New Zealand's economic and fiscal context”.
    01-10-2012 more >>
  • Insulation survey
    The NZ Property Investors’ Federation needs to gain more information on rental property insulation for both lobbying purposes and obtaining discounts for members.
    01-09-2012 more >>
  • High vacancy rates may limit rent growth
    Rental prices in New Zealand have grown well over the past few years, however this growth has slowed through this years winter months. The median rental price grew from $330 in January this year to $340 in May, but fell in July to $320.
    01-09-2012 more >>
  • If it aint broke, don’t fix it
    Presidents Report: The opposition Labour Party have recently accused landlords of ripping off tenants who receive the accommodation supplement (AS).
    01-08-2012 more >>
  • Rental Property back on top
    Presidents Report: The latest quarterly investor confidence survey from ASB Bank confirmed that rental property is again the top investment that people felt would give them the best return. This is the first time that rental property has been at the top of the list for over two years.
    01-07-2012 more >>
  • Be careful who you trust
    There are many indicators pointing to an improving property market. The economy is doing well, affordability is back to levels last seen 10 years ago, Interest rates are predicted to stay low for longer, demand is increasing yet new building consents are still quite low.
    01-06-2012 more >>
  • NZPIF Survey shows long wait for Tribunal
    The announcement that the Department of Building and Housing (DBH) was to be moved into the new “Super” Ministry came as a shock to the industry last month. DBH had already been restructured for “efficiencies” and the general perception from all industry participants was that the service level had fallen dramatically.
    01-05-2012 more >>
  • Professionalism and Profitability
    Having recently re-let a rental property, some of the comments from prospective tenants made me think about the service level of some rental property providers. Our rental was a nice place in nice condition and somewhere I would happily live. But it was by no means a mansion. It had not been renovated or improved for some time and we had just provided some basic extra cleaning in addition to the previous tenant’s efforts.
    01-04-2012 more >>
  • Should you be putting your rents up?
    There has been quite a bit of media attention on increasing rental prices recently. This is a common occurrence at this time of the year, as many people are change their circumstances in the new year and University Students are coming back at the start of the new academic year. But does that mean we can all put our prices up?
    01-03-2012 more >>
  • Clear thinking from Productivity Commission
    The New Zealand Productivity Commission as an independent Crown Entity established by the Government in December 2010. The Commissions purpose is to help the Government improve laws and regulations that guide and incentivise how individuals, businesses and other organisations make their decisions.
    01-02-2012 more >>
  • What are you going to do this year?
    The start of a new year is an excellent opportunity to examine your rental property, look at the investment environment and make some plans for what you want to achieve over the coming year. By the time you read this, hopefully you will still be on your Christmas break and will have some time to have a good think about what you are doing with your property, free from work or business commitments.
    01-01-2012 more >>
  • Tenancy Tribunal Hearing Delays
    A common problem that I have been hearing for most of this year is how long it takes to get a Tenancy Tribunal hearing. I know from recent personal experience how frustrating it is to have a tenant living in your property and refusing to pay rent. You feel powerless as you wait for the hearing date to finally arrive.
    01-11-2011 more >>
  • The Politics of envy
    The NZPIF has had two meetings this year with senior Labour Ministers. At both these meetings we asked about Labour's housing policy and if any new taxes were being considered. We were told that a land and capital gains tax had been looked at, to pay for extra planned spending, but there were problems with both and would not be part of their policy.
    01-08-2011 more >>
  • July Presidents report
    Last month the NZPIF held a communication meeting in Wellington for all affiliated Property Investor Associations around the country. This is an annual event and a marvellous opportunity the us to tell the PIA’s what we are doing, hear what they would like us to do and also share information among themselves on how to make their associations better for their members.
    01-07-2011 more >>
  • Property dodges budget bullet, but still in some sights
    The Minister of Finance did not include any surprise new taxes for property in this years’ budget. He has obviously seen that the changes from last years budget, which came into affect in April this year, have had quite an impact on the industry already and that we have made our contribution to these tough economic times.
    01-06-2011 more >>
  • Thank you Martin
    It was the end of a very special era last month, when NZPIF President Martin Evans decided not to stand for re-election after four years in the job.
    01-05-2011 more >>
  • Presidents report
    The half a percentage point reduction in the Official Cash rate will be good for the economy and a welcome relieve for rental property owners. The timing of the interest rate cuts is excellent, coming just as building depreciation allowances are being removed for residential rental properties. However the interest rate cuts will not fully compensate for the tax changes that came into place on the first of April. In addition, rental prices only increased by an average 3% last year while general inflation was at 4%. Combined with an increase in demand and weak supply, almost everything is pointing to higher rental prices.
    01-04-2011 more >>
  • The risks associated with long term property investment
    There is a particular risk that has showed up recently and that is building a property portfolio in a single area. The recent events such as the Christchurch earthquake and the Queensland floods have caused huge problems for the local populations and even loss of life. These natural disasters have also caused many problems for property investors and their tenants in both areas. These problems will have been especially bad for investors who had all their properties in the one area.
    01-02-2011 more >>

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