Wairarapa Property Investors' Association

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wairarapa@nzpif.org.nz

News & Updates

Recent updates

Archive: 2018

Tax Working Group's property calculations questioned

The NZPIF made a submission to the Tax Working Group (TWG)who appear to have a directive to recommend a Capital Gain Tax in NZ.
01-06-2018 more >>

Advice from Tenancy Services on preventing subletting of rental property

Landlords may not be able to prevent tenants using their rental property for temporary rental accommodation, such as Airbnb, unless they specify this in their tenancy agreements.
30-05-2018 more >>

Chief scientist recommends higher safe meth level

The New Zealand Property Investors' Federation welcomes Sir Peter Gluckman's report into the negative health effects of methamphetamine (meth).
29-05-2018 more >>

Report from Chief scientist shatters earlier theories regarding meth contamination

A bombshell report says there is no risk to humans from third hand exposure to houses when methamphetamine has been consumed.
29-05-2018 more >>

Short supply of houses increases rents and creates working poor

"The last few years have seen record population growth which has caused a sudden need for extra housing" said NZPIF Executive Officer, Andrew King
28-05-2018 more >>

Residential landlords and asbestos

Today policy clarification was published which sets out WorkSafe’s view of HSWA in relation to residential landlords.
25-05-2018 more >>

Latest ASB Home Loan Report

The ASB view is that the OCR is likely o remain on hold until August 2019
24-05-2018 more >>

Latest ASB Housing Confidence Survey

Normal service looked to be returning following post September 2017 General Election weakness, according to our latest ASB Housing Confidence Survey.
22-05-2018 more >>

Trend of rising rents continues

Just released April rental statistics show that New Zealand rental prices have continued to grow over the past year.
21-05-2018 more >>

Time to get rid of older ionisation-type smoke alarms

It’s a good time to upgrade your smoke alarms as Consumer NZ recommends that older ionisation-type smoke alarms should no longer be sold.
21-05-2018 more >>

Grant Robertson delivered few surprises for the property market in his first budget.

Nick Goodall, head of research at CoreLogic New Zealand, weighs in on the 40% increase across housing in the new 2018 budget
17-05-2018 more >>

The Official Cash Rate (OCR) remains at 1.75 percent

Statement by Reserve Bank Governor Adrian Orr:
10-05-2018 more >>

Introducing MyRent, the answer to every landlord's dilemma

The rental market in New Zealand is about to undergo a period of massive transformation, that may see a number of landlords decide to quit the market entirely. How then should landlords manage their expenses and properties in the most cost-effective way?
01-05-2018 more >>

Sharon Cullwick, new NZPIF President

I'm very pleased to let you know that Sharon Cullwick has been elected as President of the NZ Property Investors' Federation, taking over from Terry le Grove.
01-05-2018 more >>

Questioning the Tax Working Group's property calculations

The Tax Working Group (TWG) appears to be showing an unbalanced approach to rental property investment, by using incorrect calculations and inconsistent assumptions to assess relative tax rates for different asset classes.
20-04-2018 more >>

How to get the most out of an accountant

Amanda Watt explains there is a lot you can do to reduce your accounting costs. You also need to consider what other value you might get from your accountant.
18-04-2018 more >>

Bright Line test is now in force

It will likely have passed by many people, however the Bright Line Test has passed through Parliament and received royal accent on 29 March so is now law.
18-04-2018 more >>

Rental prices continue to rise

Just released March rental statistics show that New Zealand rental prices have continued to grow over the past year.
16-04-2018 more >>

Students and rising rents

Last December Trade Me reported that rents were going up around the country. Hardly surprising to rental property providers.
01-04-2018 more >>

Inspections - how often is 'normal'?

Karen Withers, President of the Independent Property Managers Association, gives some insight into this question
31-03-2018 more >>

No good outcome from ring-fencing losses

Stuart Nash announced today that “In conjunction with the recently announced extension to the bright-line test, ring-fencing losses from rental properties would make property speculation less attractive and level the playing field between property investors and home buyers".
29-03-2018 more >>

Over half of rentals don't have a letting fee

More information about the experience of banning letting fees in other countries.
27-03-2018 more >>

Should letting fees be abolished?

The NZ Property Investors' Federation (NZPIF) doesn't think legislation to prohibit the charging of letting fees is required.
23-03-2018 more >>

OCR unchanged at 1.75%

Statement by Reserve Bank Governor Grant Spencer:
22-03-2018 more >>

Bright Line test extension not a good idea

Property Investor Associations educate investors to buy and hold their rental properties for the long term. It is a shame that Labour are pushing ahead with increasing the Bright Line Test from two to five years, but it isn't the end of the world for most of us.
18-03-2018 more >>


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