Rents could go up by 25% under Labour

Among the detail in Labour’s Monetary Policy Upgrade is ring-fencing of losses made in the early years of rental property ownership.
30-04-2014 more >>

Capital gains tax part of Labour policy

Alongside a capital gains tax, our KiwiBuild housing policy, universal KiwiSaver and reduced costs to businesses through NZ Power, Labour is offering an alternative that will help Kiwi families and ensure our economy can create better jobs and higher wages,” says David Parker
29-04-2014 more >>

Reserve Bank raises OCR to 3 percent

Statement issued by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today increased the OCR by 25 basis points to 3 percent.
24-04-2014 more >>

Investors are very confident

Investors are very confident about the future prospects of commercial property investment in New Zealand, delivering another quarter of enthusiastic responses. Confidence is at a net positive 28%, just shy of the record high set at the end of 2013, according to the latest Colliers International investor confidence survey.
17-04-2014 more >>

Capital Gains Tax not a solution

The association representing Kiwi landlords is disappointed the Labour Party is misleading the public about their proposed capital gains tax, which they plan to apply to all asset classes except the family home.
14-04-2014 more >>

MPIA Meeting April 2014

Jason Driscole – Chartered Accountant, Morrison Creed Advisory Limited, Manawatu Business Award Winner. With a new financial year ahead it is important that you know what expenses are deductible for your rental properties and how best to maintain accurate accounting records. Jason will also outline the various structures with you and generate thinking on Capital V’s Revenue situations and show us some cloud based property apps. The meeting will ideally suit the newer investor but plenty to learn for the more seasoned investor. The meeting will provide opportunity to ask plenty of questions. VISITORS AND GENERAL PUBLIC WELCOME: $20.00 entry door charge. Membership: $175 for new memberships (single or couple), annual renewal $150. Membership includes subscription to the NZ Property Investor. For more information phone Pauline Beissel 0274719192.
02-04-2014 more >>

March 2014 Political report

The following is a summary of political developments and regulatory risks affecting the residential rental property industry.
01-04-2014 more >>