Wairarapa Property Investors' Association

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wairarapa@nzpif.org.nz

News & Updates

Recent updates

Archive: 2016

Minister welcomes updated insulation standard

New guidelines on how to effectively install insulation are being welcomed by Building and Housing Minister Dr Nick Smith.
01-09-2016 more >>

Business sentiment strong

Our quarterly BNZ Confidence Survey of 14,000 Weekly Overview recipients elicited over 570 responses this time around, the vast majority of which were positive
31-08-2016 more >>

What is happening in the market

What is happening in the market - three speakers
25-08-2016 more >>

Residual methamphetamine in rental properties - an update by Colin Comber

Members may have heard or viewed various reports in the media in recent weeks about the issue of residual methamphetamine in rental accommodation. This communication is intended as a summary of some key points that have emerged from the ongoing debate about the subject:
22-08-2016 more >>

Auckland Unitary Plan notification welcomed

Auckland Council’s notification today of its new Unitary Plan is an historic step in enabling New Zealand’s largest city to better grow and prosper, Environment Minister Dr Nick Smith says.
20-08-2016 more >>

Steel mesh testing to be strengthened

Consultation on proposed changes to the Building Code to strengthen steel reinforcing mesh testing requirements has opened today, Building and Housing Minister Dr Nick Smith says.
19-08-2016 more >>

Accessible Properties preferred provider in Tauranga

IHC subsidiary Accessible Properties has been chosen as the preferred provider to take over the ownership of Housing New Zealand’s properties in Tauranga, Ministers Bill English and Paula Bennett say.
13-08-2016 more >>

Reserve Bank defers start of proposed changes to investor LVR

The Reserve Bank is deferring the start of the proposed changes to investor loan-to-value restrictions (LVRs) nationwide from 1 September to 1 October 2016, based on feedback from the banking industry from its recent consultation on the proposals.
12-08-2016 more >>

Rights of the tenant versus rights of the landlord

“There are good and bad aspects of the Greens’ Residential Tenancies (Safe and Secure Rentals) Amendment Bill which was selected from the ballot today” says Andrew King, Executive Officer of the NZ Property Investors’ Federation.
11-08-2016 more >>

NZPIF in the news in July and August

During the July/August period, Andrew King has been interviewed by a variety of media about the minimum standards for rental properties which came into force on July 1, about the Labour Party policy announcements. changes in Reserve Bank policy on levels of LVR for property investors, and the Green Party's housing bill. Six NZPIF media releases have been distributed on these issues as well.
11-08-2016 more >>

Advocacy during 2016

I was expecting this year to be relatively quiet on the advocacy front, but oh boy, how wrong I was.
07-08-2016 more >>

Government raises KiwiSaver HomeStart caps

The Government is increasing the income and house price caps of the KiwiSaver HomeStart scheme to ensure it meets its objectives of helping New Zealanders buy their first home, Building and Housing Minister Dr Nick Smith says.
01-08-2016 more >>

Supporting better housing outcomes

The Government is investing $9 million over two years in the next steps of its programme to support the most vulnerable New Zealanders’ housing needs, Social Housing Minister Paula Bennett says.
30-07-2016 more >>

Bunnings insulation installation scheme

You can now come in to Bunnings stores and request a quote to have new insulation installed in your rental properties and homes that will comply with the new laws. It’s that easy!
26-07-2016 more >>

Get unlimited fibre broadband for less than$2.50 a day

Since the announcement of our partnership, MyRepublic have been inundated with enquiries from members interested in getting fibre at home, at their rental properties for tenants and at the office.
25-07-2016 more >>

Simple solutions to your decorating needs from Guthrie Bowron

Guthrie Bowron is New Zealand’s decorating specialists, and are proud to have been a trusted New Zealand brand since 1896.
25-07-2016 more >>

ANZ Property Focus

Here is a free resource form ANZ that will keep you in touch with the latest developments in the property market - and what may happen in the future. From a quick overview of market trends to in-depth reviews of key issues, the Property Focus is essential reading for anyone interested in the property market.
24-07-2016 more >>

Meeting Scanner

There is now an app to scan members into meetings. Lots of good reasons to do this. Very easy, just get your greeters to load the app onto their phones, setup their membership card with their email and they're good to go. [Read More]
22-07-2016 more >>

RBNZ proposes change to loan-to-value restrictions taking effect on September 1

The Reserve Bank has today released a consultation paper proposing changes to loan-to-value restrictions (LVRs) to further mitigate risks to financial stability arising from the current boom in house prices.
19-07-2016 more >>

Reserve Bank restrictions hurt tenants and small investors

One of the Reserve Bank's tasks is to keep inflation between 1% and 3%. It appears that the purpose of the LVR tightening is to allow the Reserve Bank to lower interest rates, thereby stimulating the economy and lowering the NZ dollar.
19-07-2016 more >>

Responding to Brian Fallow's opinion piece in NZ Herald Friday 15th July

Brian Fallow's extraordinary opinion piece against rental property owners demands a reply. His view has been fixed since he became a journalist and there appears to be no way that they will change. However New Zealand deserves to hear the complete story.
15-07-2016 more >>

Labour's housing policies won't help tenants

Last week Labour leader, Andrew Little, said he was announcing new measures that he maintained were aimed at traders and speculators, not investors providing rental accommodation. Labour is proposing to target rental property owners with an extension to the Bright Line Test and by banning negative gearing.
10-07-2016 more >>

Labour's focus is correct

When asked by a journalist yesterday if any of Labour’s housing announcements would target investors, Andrew Little clarified that they would target speculators, "those looking to for short term gain in the housing market."
08-07-2016 more >>

Rental property providers threatened

The Reserve Bank has stated that housing supply is the real issue in house price increases. However because they cannot influence supply, they are threatening rental property providers with tighter Loan-to-Value Ratios (LVRs) and Limits on Debt-to-Income ratios (DTIs).
07-07-2016 more >>

Get you rinfo on the NZPIF app

A key benefit of belonging to a Property Investors’ Association is access to special pricing deals by a number of companies. You can save money on a variety of goods and services that all property investors need, including DIY products, insurance, mortgages, smoke alarms and various subscriptions to data.
07-07-2016 more >>


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