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 >>
"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 >>
The 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 >>
Many changes have occurred to the rental property industry over the last few years. The NZ Property Investors Federation has been extremely active in providing a voice for rental property providers. It has been hard work; however it is pleasing to start seeing some good results. 21-12-2019 more >>
A Christchurch motel owner has had to put up with what he describes as "neighours from hell", despite police, Corrections, the SPCA and dog control trying to help. The motel owner is the latest victim of antisocial tenants. 27-11-2019 more >>
Government has announced the changes they intend to make to the Residential Tenancy Act. We managed to get some wins, such as the rules around pets will not change and modifications that tenants can make to the property are minor and still need the landlordâ€™s con 20-11-2019 more >>
Government has announced a raft of changes to the Residential Tenancies Act. The Minister has said he does not want to be seen to unduly punishing landlords. These changes do more than punish landlords however. They will punish anyone living next to a tenant with antisocial behaviour.Â 17-11-2019 more >>
The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment remains around its maximum sustainable level while inflation remains below the 2 percent target mid-point but within our target range. Economic developments since the AugustÂ StatementÂ do not warrant a change to the already stimulatory monetary setting at this time. 13-11-2019 more >>
Neighbours and communities around New Zealand are having their lives ruined by the antisocial activity of some Housing New Zealand (HNZ) tenants. Government is currently considering extending the policy to private rentals that allows this to happen. Many more neighbours will suffer if private landlords are not allowed to manage their properties effectively. 12-11-2019 more >>
It is with sadness we report the passing of Foster Rudd to whom we will always be grateful for the significant part he played in the establishment of the NZ Property Investors Federation (NZPIF) 25-10-2019 more >>
Government is considering changes to tenancy law that will make it harder for rental property providers to manage unruly tenants, many of whom make their neighbours lives hell.
â€œThe NZ Property Investorsâ€™ Federation (NZPIF) is extremely concerned that more neighbourhoods will become domestic war zones, as happened in Motueka, if the right to issue no stated cause notices is removed" said Andrew King, Executive Officer of the NZPIF. 18-09-2019 more >>
â€œThe Kiwibuild reset is a good ideaâ€ says Andrew King, Executive Officer of the NZ Property Investorsâ€™ Federation (NZPIF).
However, providing $400,000,000 of taxpayer money to get â€œup toâ€ 4,000 people into home ownership appears to be a very expensive investment. How will the lucky 4,000 be chosen and what about all the others who aspire to home ownership? 04-09-2019 more >>
I have just got home from the NZPIF conference in Rotorua. What a positive event it was, with the mood assisted by a great All Black win on the Saturday night, enjoyed by many of the attendees. 20-08-2019 more >>
It was great news that the RTA Amendment Bill was finally passed and came into law on the 31 of July 2019. The Bill improves the situation for three key issues. Tenants liability for damage, unlawful dwellings and methamphetamine. 19-08-2019 more >>
â€œThe NZ Property Investorsâ€™ Federation (NZPIF) is extremely pleased that tenants are now at least partially responsible for the damage they cause to their rental property,â€ says Andrew King, Executive Officer of NZPIF. 25-07-2019 more >>
The Government announced today that grants of up to $2,500 for energy efficient heaters are now available as part of the Governmentâ€™s Warmer Kiwi Homes programme.
â€œWe have discovered that these grants are available to people in lower-income areas or Community Services Card holders, but only if you are a home owner," says Andrew King, Executive Officer of NZ Property Investors Federation (NZPIF). 19-07-2019 more >>