The Residential Tenancies Amendment Bill (No 2) covers three key areas - unlawful rental properties, meth in rental properties and fixing up the debacle of tenants not being responsible for damage that they cause. 09-08-2017 more >>
Residential, commercial and infrastructure building activity is forecast to continue to boom for the next three years to a record $42 billion in 2020, according to the independent National Construction Pipeline Report for 2017 released today by Building and Construction Minister Dr Nick Smith. 06-08-2017 more >>
Labour's Bill purporting to make homes healthier would delay the Government's requirements for landlords to insulate their rental homes by three years, Building and Construction Minister Dr Nick Smith says. 26-07-2017 more >>
The NZPIF is very pleased that the new NZ Standard for testing and decontamination of methamphetamine contaminated properties has been released. 18-07-2017 more >>
The allocation of the $1 billion Housing Infrastructure Fund today is another milestone in the Government’s plan to increase housing supply for a growing New Zealand, Prime Minister Bill English says. 11-07-2017 more >>
Meanwhile, we are keeping an eye out for the Real Estate Institute’s residential results for June, which could well come to the public gaze by the end of this week. Recent housing market trends show prices, generally, to be going sideways in Christchurch, modestly down in Auckland and up almost everywhere else 10-07-2017 more >>
Building and Construction Minister, Nick Smith, recently introduced the Residential Tenancies Amendment Bill (no 2). While the part seeking to address the situation of tenants not being responsible for accidental damage they cause has received a lot of attention, there is another significant part to the Bill. This relates to landlords renting out unlawful premises. 09-07-2017 more >>
The Ministry of Business, Innovation and Employment today released the Urban DevelopmentCapacity Dashboard – a one-stop, open-source tool of housing market indicators such as prices and rents, the number building consents granted relative to the growth in population; and the recently released Housing Affordability Measure (HAM). 07-07-2017 more >>
It is a truth commonly acknowledged that a house that gets more exposure to sunlight is more attractive, especially in ‘temperate’ climates like New Zealand’s. Until now, however, the value of that sunshine has not been calculated. 29-06-2017 more >>
New Zealanders will be able to better manage the risks of methamphetamine in residential properties following the release of a new standard, Building and Construction Minister Dr Nick Smith and Commerce and Consumer Affairs Minister Jacqui Dean say. 29-06-2017 more >>
The NZ Property Investors' Federation is very pleased to see the release of the NZ Standard for meth contamination today†said Andrew King, executive officer 29-06-2017 more >>
The Government has extended the eligibility for Warm Up New Zealand: Healthy Homes insulation grants to include low-income home owners in addition to landlords with low-income or high health need tenants, Energy and Resources Minister Judith Collins says. Warm Up New Zealand programme extended until the end of June 2018. 28-06-2017 more >>
The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Global economic growth has increased and become more broad-based. Â However, major challenges remain with on-going surplus capacity and extensive political uncertainty. 23-06-2017 more >>
Renting seminars are returning in 2017 to help landlords and tenants better understand changes to tenancy laws and how to put them into practice. 21-06-2017 more >>
G-Force We Install specialises in providing a nationwide insulation and smoke alarm assessment, supply and installation service for rental property owners and managers to ensure that their properties meet the new requirements of the Residential Tenancy Act (RTA). 19-06-2017 more >>
New Zealand is less exposed to the risks of fire as a result of combustible claddings on high-rise buildings due to these products being restricted earlier this year, Building and Construction Minister Dr Nick Smith says. 16-06-2017 more >>
Finance Minister Steven Joyce has today welcomed the release of the Reserve Bank's consultation document on the use of Debt to Income ratios for mortgage borrowers as an additional macro-prudential tool. 10-06-2017 more >>
The Reserve Bank today published a consultation paper seeking feedback on serviceability restrictions such as debt to income (DTI) limits being added to its macro prudential toolkit. 09-06-2017 more >>
In the April I wrote about Labour confirming they would remove the ability to deduct tax losses from property against other forms of income. Unfortunately they recently made it official at their annual conference. 09-06-2017 more >>
New Zealand’s financial system remains sound and the risks facing the system have reduced in the past six months, Reserve Bank Governor Graeme Wheeler said today when releasing the Bank’s May Financial Stability Report. 31-05-2017 more >>
Andrew King takes you through the Residential Tenancies Amendment Act (2) introduced to Parliament on 23 May 2017 for its first reading. 26-05-2017 more >>
The NZ Property Investors' Federation (NZPIF) congratulates the Salvation Army for their advocacy work that has seen the accommodation allowance increase for low income families. 25-05-2017 more >>