APIA Blog

RSS Feed

PSA: 218-1 is a bad bill!

Wednesday, March 11, 2020

IMG CREDIT: ADOBE

The verdicts are in. 218-1 The Residential Tenancies Amendment Bill a bad piece of legislation and it is in dire need of being saved if it ever stands a chance at doing any good.

The brief, the government intends for 218-1 to achieve the following objectives: 

  1. Improve security of tenure; 
  2. Empower tenants within their rented homes, the rental market and the rental system; and
  3. Modernise renting in New Zealand 
We are agreeable to some of the proposed changes. Rent bidding shouldn't be an acceptable practice. Limiting rent increases to once a year is not something landlords lose sleep over. Other changes, however, are quite another story. In fact, we are so vehemently against them that we see no pathway forward but for the government to go back to the drawing board by either withdrawing 218-1 altogether or effect a wholesome re-write. More specifically, changes relating to the landlord's ability to terminate and diminished control over fixed-term tenancies are so sweeping that not only do they offend the fundamental principle of fairness, they will also shift landlords' risk profile in such a way as to lead to significant changes in business practice and ultimately, distortion in the rental market. Will it increase security or tenure? No. Without the security of tenure, any talk of empowerment within the rented home and rental system would be entirely meaningless. 

The good news is, the 218-8 need not be bad. There is a window. The 82% of New Zealanders who object to 218-1 have until midnight Wednesday the 25th of March 2020 to make a submission against the Bill. If you disagree with 218-1, if you are angered by it, if you are concerned in any way, now is the time to push back. 

We've created several resources to help you understand what 218-1 means to you and guide you through ways you can voice your objections to it. 

218-1 Explanatory notes

218-1 Fact checker

Termination under 218-1

How to make a submission - a toolkit for landlords

Submission link

Example submissions by APIA members

How to write to your MP - a toolkit for landlords

Template letter for neighbours next to anti-social tenants

Template letter for neighbours next to all other tenants

Our good friends over at Opes Partners, host of the Property Academy Podcast has put out two episodes for fans of the pod:

Ep. 180: Legal changes for landlords - what investors need to know

Ep. 181: How you can make your voice heard as a landlord

 

Recent Posts


Tags

rta RBNZ scotney williams water bill trespass renovation sale and purchase unitary plan personal growth landlord LIM debt enforcement rent arrears speculator trust Q&A interest rates asbestos bad tenant twg report bond education housing affordability television Landlording banking auckland insurance buying data security interest only principal and interest investor Editor's Choice Market report airbnb cgt maintenance property cycle TCIT capital gain rental market minor dwelling positive cash flow inspection tenant winz p lab rta reform damage yield market rent buying rules smoke alarm worksafe heater early termination robert kiyosaki fixed-term tenancy privacy Sponsored post boarding house anz Kris Pedersen Mortgages and Insurance Level 4 kiwibuild financial advisers act market Guest blog HSWA trademe HHS meth tenancy tribunal Question and answer Case study property management cash-flow election 2017 subdivision equity gluckman report Investment tip property value beginner investor negotiation Standards New Zealand nzpif tax clnz return covid-19 opes partners barfoot and thompson bankruptcy tenancy services advice warren buffett watercare productivity will Investor story letting finance property maintenance Must knows business CCC parry v inglis anti-social behaviour rental wof income mindset Property (Relationships) Act Gluckman rent increase Holler government insulation Jeff Bezos rent Must know bond form warm up new zealand legal CoreLogic heating house prices management wins investment strategy first home buying re agent lvr ring-fencing property apprentice commerce commission auckland council building extractor fan tenancy issues property election2020 rtaa2020 shower dome DTI Tribunal case study ocr housing bubble ird off the plan partners recycling equity meth contamination buyer's agent sale and purchas ask an expert holiday house khh ventilation termination mortgage structure HHGA cat relationship initio RTAA 2019 short-term rental How to wealth creation skill shortage reserve bank development letting fee sublease

Archive

Introducing Our Partners
Principal Sponsor - Kris Pedersen Mortgages & Insurance logo Gold Sponsor - Barfoot & Thompson logo Gold Sponsor - CoreLogic logo Property Apprentice logo The Insulation Warehouse logo The Renovation Team logo The New Zealand Property Investors' Federation logo
09 360 2376
info@apia.org.nz

The Tenancy Practice Service and TPS Credit Control work closely with the Auckland Property Investors' Association. Our vision of bringing helpful resources, documents and high quality services to Auckland Property Investors and Property Managers is shared by APIA, so its a partnership that works well. 

The Auckland Property Investors' Association is a great organisation for those who want access to advice and information from a range of industry experts and partners. 



Mathieu Holt- Managing Director, The Tenancy Practice Service & TPS Credit Control
Through the Association I found the channels and methods to fund the purchase of property I never dreamed about. Grant Brown

All round it has been one of those things Neil and I felt was really worthwhile belonging to. We have learned so much it has just built our confidence in what we are doing.

Janice Bieleski
I read two articles in the monthly magazine that saved me over $5,000. That is my membership fee for the next 26 years and I am sure I will learn a whole lot more! John Duncan
Fantastic organisation. The networking opportunities are brilliant and provide us with information and opportunities that cannot be obtained anywhere else. We learn something new at every meeting and we've been in this game for nearly 20 years. Pauline and Gyanen Kumar

I find the information obtained from various APIA meetings very useful in guiding my own property investment and rental management.  I also enjoy the networking opportunities with like-minded investors.  I am inspired by other investors’ success and find the more experiences and knowledge that I share with others, the more confident I become.  

Thanks to all APIA event organizers and administrators for your brilliant work. 

Stella Shao

I like talking to people and learning from their experience because it gives me the confidence to invest well. I think it is a knowledge thing. I now know I am doing things the right way.

Stephen Weatherall

My APIA membership has become a total success.

Every time I attend a monthly or regional meeting I come away with so many useful and positive tips that have added value to my property investments and management.

Not only that, the website is a great place for practical advice and useful information. It has now evolved into an important resource for my business.

Talk about value for money! The discounts I have been getting at Bunnings when I present my APIA membership card have more than paid for my annual subscription!

Tim Duffett, Plan A Investments Limited