An update on tenants' liability for damage

The NZPIF recently surveyed members to estimate the cost of damage claims over the past year. Read the background to this request and how the NZPIF is working hard to ensure that landlords do not bear the full financial burden of unintentional damage and neither are tenants financially ruined through a mistake or accident.
23-09-2016 more >>

The Reserve Bank today left the OCR unchanged

Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.0 percent.
22-09-2016 more >>

Government secures more emergency housing

A target of around 3000 emergency housing places funded per year has been exceeded and Social Housing Minister Paula Bennett is seeking even more places to help house vulnerable New Zealanders.
20-09-2016 more >>

Social housing reform programme on track

The Government’s Social Housing Reform Programme is on track with more social housing available in Auckland and more on the way, says Social Housing Minister Paula Bennett.
11-09-2016 more >>

Housing legislation passes

Parliament has today passed housing legislation which will ensure house building momentum continues in Auckland and enable the Special Housing Area (SHA) process to be used in other areas for a further three years, Building and Housing Minister Dr Nick Smith says
08-09-2016 more >>

Tenants' liability for damage

n 2009, a tenant called Mrs Osaki left a pot of oil unattended on the stove. A fire broke out that caused over $200,000 of damage. The property was repaired through the owners insurance, but the insurance company decided to seek the cost of the damage from the Osaki's.
07-09-2016 more >>

Reserve Bank confirms nationwide restrictions on loans to property investors

The Reserve Bank today confirmed that new rules tighten restrictions on bank lending to residential property buyers throughout New Zealand.
05-09-2016 more >>

Next steps in earthquake-prone building policy

Building and Housing Minister Dr Nick Smith today released for consultation regulations approved by Cabinet on Monday for the new earthquake-prone building legislation.
02-09-2016 more >>

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 >>