Current Category: NZPIF President Report
Residential Tenancies Act Changes
On Tuesday July 20, Parliament passed into law the RTA Amendment Bill, which will come into effect upon the Governor General’s signature.
The following is a summary of the key changes affecting Rental Property Owners, with other changes detailed at the end of the report.
SUMMARY The RTA Amendment Bill has been discussed and argued over for more than six years.
The NZPIF has been involved in the changes to the RTA throughout the entire process and at a high level. We are mostly pleased ...
posted in: Landlord Rights and Obligations, Tenancy Issues, Governmental & Regulatory, Residential Tenancies Act, Tenancy Tribunal, Thomas Chin Report, NZPIF President Report
NZPIF President's December Report
DEPARTMENT OF BUILDING AND HOUSING CONFIRMS CONTINUED SPONSORSHIP
We have been delighted to learn this week that the Department of Building and Housing will again sponsor the Landlord of the Year Award in 2010. We have very much appreciated the Department's support of the annual NZPIF Conference and it is very significcat that they have also become the major supporter of this annual Award, designed to highlight the professionalism of many PIA members who are landlords. Jeff Montgomery, Clien...
posted in: Capital Gains Tax , Governmental & Regulatory, Taxation, NZPIF President Report
NZPIF President's November Report
KCL PROPERTY BECOMES A SPONSOR OF NZPIF
NZPIF is very pleased to welcome KCL Property as a sponsor. KCL specialises in direct property investment, including industrial, commercial, large format retial and general retail. Since 1993, KCL has structured property ownership packages for individual investors or groups of investors and is one of the largest NZ operators in this field. KCL currently manages in excess of $450 million worth of property throughout New Zealand, Brisbane, Australia for...
posted in: Residential Tenancies Act, NZPIF President Report
NZPIF President Report October 2009
14 Oct 2009 NZPIF in the media An increasing number of NZPIF and PIA representatives are being contacted by journalists about the many issues relating to property investment in the media recently. For example, some of the subjects I have been asked for comment on have included a new ‘P’ laboratory detection kit for rental properties, the Government insulation subsidy, LAQCs and the proposed RTA amendments. NZPIF Executive Committee members, Andrew King and Cliff Seque, have also been quote...
posted in: Governmental & Regulatory, Taxation, NZPIF President Report
NZPIF President Report September 2009
Findings of 2009 ANZ Survey of property investors The findings of the 2009 survey have been fully reported in the September issue of the NZ Property Investor. On average investors expect to see positive growth of 6%-10% in property values over the next 10 years, but Khoon Goh, the ANZ economist, warns that price increases in the future will not be like we saw in the 2002-2008 boom. 6 out of 10 of the respondents were members of affiliated property investor associations (PIAs). The main benefi...
posted in: Tenancy Issues, Taxation, NZPIF President Report