No benefits for renters in the 2023 BudgetThe 2023 Budget has done nothing to ease the pressure on tenants as their property owners struggle with rising costs, forcing them to increase rents in order to stay financially viable.31-05-2023 more >> The Monetary Policy Committee today voted to raise the Official Cash Rate (OCR) from 5.25% to 5.50%.The Committee agreed the level of interest rates are constraining spending and inflation pressure. The OCR will need to remain at a restrictive level for the foreseeable future, to ensure that consumer price inflation returns to the 1% to 3% annual target range, while supporting maximum sustainable employment.24-05-2023 more >> Budget 2023 continues the Government’s commitment to tackle the housing shortageBudget 2023 continues the Government’s commitment to tackle the housing shortage by delivering 3,000 more public housing homes, supporting more people at risk of homelessness, building more houses for Maori and those impacted by recent severe weather events.19-05-2023 more >> Insurance anyone? Speaker Chris Lane is our expert insurance broker.Insurance anyone? Speaker Chris Lane is our expert insurance broker.17-05-2023 more >> Killing off the Golden Goose by NZPIF President Sue HarrisonAs the value of properties throughout the country are falling dramatically we have survey results that prove the structural damage being done to the rental marketplace. The marketplace relies very heavily on private ownership of around 85% or rental homes. Owning rental homes is a business with a range of expenses beyond the mortgage involved, so there needs to be some rewards as part of the risks of the investment involved.14-05-2023 more >> Proposed changes will benefit tenants and landlordsA large proportion of rentals in New Zealand are offered by private landlords. The State cannot house all who need accommodation and National is to be congratulated for seeing private landlords as part of the solution to the difficult housing situation in New Zealand and not the problem.30-04-2023 more >> Large rent increases in January not maintainedFebruary rental statistics from the Bond Centre have been released.16-04-2023 more >> Large rent increases in January not maintainedFebruary rental statistics from the Bond Centre have been released.16-04-2023 more >> The Property Investor Network by NZPIF President Sue HarrisonIn times of crisis property investors and landlords with well located, good homes come into their own. We applaud our North Island Property Investor Associations for ongoing support stewarding members through the weather events and being there in good times and bad.14-04-2023 more >> Official Cash Rate increases from 4.75% to 5.25% todayThe Monetary Policy Committee today increased the Official Cash Rate (OCR) by 50 basis points, from 4.75 percent to 5.25 percent. The Committee agreed the OCR needs to increase, as previously indicated, to return inflation to the 1-3 percent target range over the medium term. Inflation is still too high and persistent, and employment is beyond its maximum sustainable level.05-04-2023 more >> Supply of rentals decreasingSue Harrison says that the survey of members in February this year, highlights the changes in members’ attitudes since 2021 when the same survey was carried out23-03-2023 more >> Demographics- an insight for property investors.Demographics- an insight for property investors.15-03-2023 more >> What's ahead for renting in 2023Phenomenal rain in Auckland and other areas causing destructive flooding is life as we know it in a world facing pandemics, climate change, and other challenges such as earthquakes and eruptions. Taking on investment properties has never been for the faint hearted and the risk profile seems ever increasing.01-03-2023 more >> Reserve Bank increases the Official Cash Rate from 4.25% to 4.75%The Monetary Policy Committee today increased the Official Cash Rate (OCR) from 4.25% to 4.75%.22-02-2023 more >> Survive and thrive the year of challengesStatistics show how much our government relies on private landlords to provide rental accommodation with a current level of around 85% of rental homes privately owned. The Government has introduced significant residential tenancy legislative changes favouring tenants and alienating landlords over the last few years.15-02-2023 more >> Overall rent increases less than inflationSue Harrison. President of NZPIF, says December rental statistics from the Bond Centre have been released and it is evident that rental prices over the whole of New Zealand have increased by less than 5.1% in the year to November 22 at a time when overall inflation rose to 7.2%14-02-2023 more >> For those whose rentals have been floodedInformation from the NZPIF Executive Team30-01-2023 more >> Immediate improvement possible to the cost of livingChris Hipkins could make an immediate improvement to one aspect of the cost of living.25-01-2023 more >> |
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