South Canterbury Property Investors' Association

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south-canterbury@nzpif.org.nz

News & Updates

Recent updates

Archive: December 1899

Tenants to be protected from liability under bill

Tenants would be protected against personal liability for damage they were not responsible for under a MP's bill to be debated by Parliament.
30-12-1899 more >>

Unit Titles Act Review

Building Issues Minister Clayton Cosgrove released of a summary of submissions to the review of the Unit Titles Act 1972. Options for Change put forward a range of proposals, including redefining the responsibilities of bodies corporate and unit owners, common property and unit entitlement.
30-12-1899 more >>

Te Atatu Peninsula is changing

Wayne Thompson reports in the NZ Herald that the Peninsual is rapidly changing from a solid working-class suburb to a prime site for luxury apartments.
30-12-1899 more >>

Mental health consumers given helping hand by 'friendly' landlord initiative

A new Hawke's Bay initiative is helping people with mental health issues find a rented home without having to spend months on a waiting list.
30-12-1899 more >>

Review of the Residential Tenancies Act 1986

The Federations' submission document.
30-12-1899 more >>

Govt's cheap housing initiatives aimed at building ownership

More state houses, rent-to-buy schemes, and home deposit assistance are among new Government initiatives to help home ownership in the next decade.
30-12-1899 more >>

Flurry of fixed rate increases

Fixed rate increases numbered into the 20s for one-, two and three-year rates over the last week as inflation concerns dominated economic thoughts.
30-12-1899 more >>

Minister Calls for Input into Unit Titles Act Review

Building Issues Minister Clayton Cosgrove said today a comprehensive review of the Unit Titles Act 1972 is being driven by big changes in the types of buildings New Zealanders live and work in.


30-12-1899 more >>

Bollard holds rates steady but a March hike looks certain

Although Reserve Bank governor Alan Bollard left interest rates unchanged, as expected, his hawkish tone makes it seem almost certain he will raise rates in March.
30-12-1899 more >>

Developer offers back $5million

A high flying Auckland property developer has warned others in his sector they could be inadvertently flouting the securities law beacuse of the way they sell housing developments.
30-12-1899 more >>

New Ministers appointed

The Prime Minister appointed Maryan Street as Minister of Housing and Shane Jones as Minister of Building and Construction in the Cabinet reshuffle yesterday.
30-12-1899 more >>

Linking to this website

We'd like to encourage you to link to the New Zealand Property Investors' Federation website.
30-12-1899 more >>

Address to the Property Council

Excerpts of speech given by Michael Cullen to the Property Council.
30-12-1899 more >>

Rental law aims for closer bond

The lives of more than half a million people who rent are about to be changed by a long-awaited and much-debated overhaul of rental housing law.
30-12-1899 more >>

New President for Property Investors

The New Zealand Property Investors Federation (NZPIF) has elected Martin Evans from Christchurch as their new President.
30-12-1899 more >>

Rental market hits new heights

Gill South reports that a whole new generation of property investors looks set to join the country's seasoned landlords
30-12-1899 more >>

Home ownership rates

A mythology is developing about falling home ownership rates. The New Zealand Institute, the Salvation Army and the Government all seem concerned about census data on this.
30-12-1899 more >>

House prices look to be levelling out: QV

House price inflation is accelerated further in June, according to the latest Quotable Value figures.
30-12-1899 more >>

Housing regulations will 'backfire'

The Government should not try to manipulate the housing market - in an effort to contain inflation - with regulations which will backfire, say leading industry sources.
30-12-1899 more >>

Town Planning Partly Blamed For House Prices

A report on housing says town planning regulations might be partly to blame for high land prices driving up housing costs.
30-12-1899 more >>

Chances of rate rise increasing

The latest Reuters survey shows eight of 14 economists expect no change to the official cash rate (OCR), currently a 6.5%, but six expect Reserve Bank governor Alan Bollard will raise the rate to 6.75%.
30-12-1899 more >>

Floating rates may go even higher

Reserve Bank of New Zealand governor Alan Bollard took another swipe at mortgage lenders and Kiwi borrowers in a speech last week, which re-emphasised the high chance of an official rate hike next month.
30-12-1899 more >>

Teaming up to buy property

New Zealanders are so keen to buy property that more than half would buy with friends or family, according to a survey by Wizard Home Loans.
30-12-1899 more >>

OCR unchanged at 7.25%

The Reserve Bank has, as expected left the OCR unchanged, but again has warned that a future increase is still a possibility. Read the bank's statement here.
30-12-1899 more >>

The official cash rate (OCR) increases to 8.00%.

The OCR will increase by 25 basis points to 8.00%. Reserve Bank Governor Alan Bollard said: 'Domestic demand has grown strongly since late 2006, particularly in the household sector.'
30-12-1899 more >>


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