A Wellington Housing Accord has been proposed between the Government and council to facilitate increased supply of housing in the capital, Housing Minister Dr Nick Smith and Mayor Celia Wade-Brown announced today. 24-06-2014 more >>
Over the last month I have spoken at Property Investor Associations about political policies affecting our industry. It wasn't good news on the whole and I have been asked by a number of younger investors' if it is still worth investing in rental property. 23-06-2014 more >>
A recent survey of the members of property investors’ associations, undertaken by the NZ Property Investors’ Federation (NZPIF), revealed that a high proportion were insulating and heating their rentals. 20-06-2014 more >>
New Zealand should expect strong and increasingly broad-based economic growth, according to the International Monetary Fund’s latest report on New Zealand, published today. 10-06-2014 more >>
A commonly held, but incorrect, belief is that rental property owners in New Zealand don't pay tax. This causes confusion for the general public and may lead first time landlords to have wrong information on their tax obligations. 03-06-2014 more >>
The New Zealand economy has been recovering from the recession. But slumping house sales are a significant risk to our optimistic outlook for the economy - NZIER Quarterly Predictions, June 2014 27-05-2014 more >>
The Reserve Bank (RBNZ) has introduced new rules that will come into effect on the 30th of June this year. These rules will see rental property owners with five or more rental properties classed as either income producing real estate or small to medium enterprises (SME's). 22-05-2014 more >>
The latest OECD Housing report claims that New Zealand house prices are 70% too high compared to rental prices. There are a number of reasons why this is inaccurate. 20-05-2014 more >>
Pressures in the New Zealand housing market are easing gradually but risks remain, the Deputy Governor of the Reserve Bank, Grant Spencer, said in a speech today. 09-05-2014 more >>
In a surprise move, the Reserve Bank has deemed any rental property owner with five or more rental properties as a corporate borrower. We reported on this in our last newsletter (see here) and now have more information plus how you can find out the affects on your borrowings. 05-05-2014 more >>
Among the detail in Labour’s Monetary Policy Upgrade is ring-fencing of losses made in the early years of rental property ownership. A similar policy has been tried, failed and reversed in Australia. In the 2 year period it was law, Australian rents rose by over 25%. 05-05-2014 more >>
Winning at the Tenancy Tribunal is just the first step in holding some tenants to account. However changes to the system for recovering debts came into place on April 14 and may make things a lot easier for rental property owners. 05-05-2014 more >>
Residential properties with 2 or more stories and containing 3 or more units are to be covered by proposed
Earthquake Strengthening regulations. The NZPIF have made a submission which you can see here 05-05-2014 more >>
The Official Cash Rate (OCR) was raised twice recently, the first change since early 2009. Floating mortgage interest rates for most banks moved up by the same amount almost immediately. But what exactly is the OCR and how does it affect the mortgage interest rates we pay? 05-05-2014 more >>
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 >>
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 >>
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 >>
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 >>
