Building a better New Zealand Conference in September

Innovative ways to create better communities and improve the performance of existing buildings will be discussed by national and overseas speakers at the Building a Better New Zealand conference in September.
27-07-2014 more >>

RBNZ raises OCR to 3.5 percent

Statement issued by Reserve Bank Governor Graeme Wheeler
24-07-2014 more >>

Interest rate rise will hit the regions

The latest interest rate rise will hit the fragile regional economies of New Zealand and hurt exporters by putting more upward pressure on the exchange rate, says Labour’s Finance spokesperson David Parker.
24-07-2014 more >>

New Zealand property prices 61% overvalued compared to rental prices

A recent report by the OECD claimed that NZ property prices were 61% over valued when compared to rental prices. However another way to look at this statistic is that rental prices in New Zealand are too cheap.
22-07-2014 more >>

Government announces more support for Māori housing

Associate Minister of Housing Tariana Turia today announced the establishment of a National Māori Housing Unit within the Ministry of Business, Innovation & Employment (MBIE) to co-ordinate strategic Māori housing policy across government
12-07-2014 more >>

June political and regulatory news affecting the residential rental property industry

Thomas Chin has written this summary for the NZPIF.
07-07-2014 more >>

Tax and politics: Target the black economy not the multi-nationals

This article is the opinion of KPMG Tax Partner Tony Joyce.
07-07-2014 more >>

Rental property owners confirmed as tax payers

Official Information shows that the perception that rental property owners don't pay tax is wrong.
02-07-2014 more >>

The Bank of England’s new approach to mortgage restrictions better targeted than LVR policy

The new Insight from the New Zealand Institute of Economic Research (NZEIR) by Shamubeel Eaqub and Kirdan Lees says that the Bank of England's new approach to managing financial stability risks is better targeted than New Zealand's loan-to-value (LVR) restrictions
02-07-2014 more >>

Watercare price rise a concern

Property Council is concerned with Watercare’s increase of its Infrastructure Growth Charges (IGC) and consequential impacts on development costs and housing affordability.
25-06-2014 more >>

Dunne welcomes housing relief in Wellington

Ohariu MP and Leader of UnitedFuture Hon Peter Dunne welcomed today’s joint announcement between the Government and Wellington City Council to open up more areas for housing in the Wellington region.
24-06-2014 more >>

Wellington Housing Accord proposal to facilitate growth

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 >>

Political policies affecting the rental housing industry

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 >>

High levels of insulation in rental properties

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 >>

Reserve Bank raises OCR to 3.25 percent

The Reserve Bank today increased the Official Cash Rate (OCR) by 25 basis points to 3.25 percent.
12-06-2014 more >>

IMF report backs NZ's economic progress

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 >>

Property Group has new head

Experienced investor Terry le Grove is the new President of the NZ Property Investors’ Federation (NZPIF).
05-06-2014 more >>

Property Group supports IRD tax education

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 >>

May Political Report from Thomas Chin

This is a summary of the political and regulatory news affecting the residential rental property industry
30-05-2014 more >>

Better growth, rising risks

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 >>

5+ Rentals to mean corporate loan status

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 >>

OECD housing report shows rents too cheap

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 >>

Housing pressures are easing gradually

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 >>

Update: Reserve Bank 5+ rental properties policies

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 >>

Labour to Ring Fence rental property losses

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 >>