South Canterbury Property Investors' Association

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south-canterbury@nzpif.org.nz

News & Updates

Recent updates

South Canterbury News

Unit titles law to be reviewed

Building Issues Minister Margaret Wilson today released a discussion document reviewing the law on multi-unit dwellings and developments.
30-12-1899 more >>

District Court attachment orders

I have been informed by the Nelson District Court Collections unit that as of 2 May 2005 the $80 fee for attachment orders has been waived if it is sought and approved at the time of the Order for Examination.
30-12-1899 more >>

Our Nanny State funding home ownership education courses

Opponents of 'Nanny State' are being given fresh cause for criticism over the Government’s latest mothering, or smothering proposal.
30-12-1899 more >>

Bollard leaves rates unchanged and rules out an easing

Reserve Bank governor Alan Bollard has left interest rates unchanged, as expected, but is ruling out any prospect of interest rates falling.
30-12-1899 more >>

Finally it has happened

Well Bank of New Zealand has finally done it and increased its fixed rates this morning.
30-12-1899 more >>

Biggest Energy Efficiency Steps In 30 Years

New insulation requirements and moves to make it easier and cheaper to install solar water heating systems are part of major changes to the Building Code and Building Compliance Documents announced today by Prime Minister Helen Clark and Building and Construction Minister Clayton Cosgrove.
30-12-1899 more >>

Cautious predictions over slowing economy

Nick Churchouse reports in the Dominion Post that predictions of a slowdown in the economy are cautious as activity bolds reasonably steady despite continued global activity.
30-12-1899 more >>

Landlords fume over school plan

Temperatures are running high after a residential property investors federation with only 4000 members put forward -proposals to send all New Zealand's 180,000 landlords back to school.
30-12-1899 more >>

Carter must put HNZ house in order

National Party Housing spokesman Phil Heatley is surprised that the Housing Minister has been unable to provide reliable figures on the amount being earned by those collecting a taxpayer subsidy by living in a state house.
30-12-1899 more >>

Brokers get close to magical 40% mark

New research shows that mortgage brokers are increasing their share of the home loan market.
30-12-1899 more >>

ANZ Property Focus against ring fencing of losses

In a feature article in the lastest ANZ Property Focus published July 23, ANZ economists say they believe that ring-fencing investment tax losses lacks a sound economic rationale.


30-12-1899 more >>

Restructuring The Residential Property Investment Industry

A draft of the changes proposed by the New Zealand Property Investors' Federation.
30-12-1899 more >>

Property investors ignore gloom

Forget talk of a residential property bubble bursting - investors' confidence remains high, a survey has found.
30-12-1899 more >>

Home loan rate rises slow - briefly

Fixed rate changes slowed down markedly over the last week as the Reserve Bank of New Zealand’s monetary policy review nears.
30-12-1899 more >>

Southern Region Tenancy Services Report for June 2006

Information on the performance targets of Tenancy Services.
30-12-1899 more >>

Property Investors’ welcome long overdue access to Tribunal decisions

The announcement by Minister of Housing Clayton Gosgrove that Tenancy Tribunal Decisions will be placed on the internet is great news for the rental industry.
30-12-1899 more >>

Brash backs DIY builders

National Party Leader Don Brash today announced that National will repeal provisions in Labour's new building legislation that stop New Zealanders from carrying out DIY renovations on their own homes.
30-12-1899 more >>

Leaky Homes First

New Zealand First Housing spokesperson Brent Catchpole has called on the Labour Government to direct some of its newly-discovered budget reserves at the thousands of homeowners who are suffering financially and health-wise as a direct result of having to live in leaking and rotting homes.
30-12-1899 more >>

Bid to exclude state tenants 'worrying'

Developers have begun placing covenants on land titles to keep state housing tenants out of newly established neighbourhoods.
30-12-1899 more >>

Review of the Unit Titles Act 1972

The Department of Building and Housing is undertaking a review of the Unit Titles Act 1972.
30-12-1899 more >>

Review of the Residential Tenancies Act

Reforms announced Minister for Building Issues, the Hon Clayton Cosgrove, announced (22 September) a package of reforms that will be the basis of an amended Residential tenancies Act.
30-12-1899 more >>

More Brits eyeing up NZ property market

New survey by British currency transfer specialist HiFix found that 5% of Britons looking to buy overseas were choosing New Zealand, making it the fifth most popular destination.
30-12-1899 more >>

Home prices rise $50,000

Ruth Hill reports in the DominionPost that despite rocketing interest rates and the Government's best attempts to rein in rampant property speculation, house prices nationwide are still nearly $50,000 higher than they were a year ago.
30-12-1899 more >>

Help for home-buyers likely

Financially struggling Kiwis may be offered half shares in a property by the Government, under a scheme aimed at combating the country's plunging home ownership rates.
30-12-1899 more >>

Avoid getting screwed by the body corporate

Buying an apartment is like buying no other form of property. As a unit titled property, it means sharing ownership of the building and land outside your private unit.
30-12-1899 more >>


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