Property Management

Politics: Labour Treats Landlords With Contempt

ACT's housing spokesman Dr Muriel Newman has called on private property investors to vote for a change in government on July 27th.

Monday, July 08th 2002

Speaking at a property investors' meeting in Tïmaru today, Dr Newman accused the Labour government of running a campaign against private landlords.
"The Minister of Housing has run a crusade against landlords. Last year he hit the headlines with landlord stories such as `Bad landlords should be penalised', `Government to toughen up on landlords', `Crackdown on landlords likely'. He promised to bring in harsher penalties against landlords.
"Then in December the Minister tabled in Parliament the draconian Residential Tenancies Amendment Bill which introduces exemplary damages of up to $3,000 against landlords. That is top of prison sentences, up to $12,000 in fines that can be ordered by the Tenancy Tribunal, and up to $40,000 in fines from local authorities.
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Landlords And The Election

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Wednesday, April 17th 2024

Rate cuts needed to lift mood

The enthusiasm that followed the change in government, mainly from property investors, has waned as homeowners and buyers hang out for interest rate cuts, says Kiwibank.

Monday, March 18th 2024

Support for regulation

REINZ has emphasised the need for property management regulation to Parliament’s Social Services and Community Committee.

Thursday, March 14th 2024

A better investment market

“Reinstatement of interest deductibility starting from the new tax year on 1 April brings property investors back in line with every other business in the country, where interest costs are a legitimate deductible expense," Tim Horsbrugh, New Zealand Property Investors Federation (NZPIF) executive committee member says.

Thursday, March 14th 2024

[OPINION] Recessionary times

It is not the best out there for many businesses and property sector people. Sales are down across the board, our clients’ confidence is falling, and there is a lot of uncertainty.

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Heartland Bank - Online	6.89
Wairarapa Building Society	6.95
Unity	6.99
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ICBC	7.05
China Construction Bank	7.09
BNZ - Classic	7.24
ASB Bank	7.24
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Unity First Home Buyer special	6.45
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BNZ - Classic	6.55
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