Wellington Property Investors' Association

04 472 9877 answerph

wellington@nzpif.org.nz

News & Updates

Recent updates

  • A summary of the Government's March 23 announcement of changes
    The Government made an announcement of changes relating to property investors which will take effect from Saturday 27 of March. Here is a summary of changes and links to fact sheets about each change.
    24-03-2021 more >>
  • Bright Line test is now in force
    It will likely have passed by many people, however the Bright Line Test has passed through Parliament and received royal accent on 29 March so is now law.
    18-04-2018 more >>
  • Property Bright Line Test working well
    “Recent CoreLogic data shows that flipping or rapid on-selling of houses is not as common as people may believe” says Andrew King, Executive Officer of the NZ Property Investors’ Federation
    03-02-2017 more >>
  • Property tax aimed at speculators
    Our industry has been hit with a double punch over the last week. The Reserve Banks increasing LVR limits for Auckland rental property owners to 30% (don't laugh too hard in the provinces, you may be next) and the Government bringing in an effective Capital Gains Tax called a Bright Line Test.
    13-06-2015 more >>
  • Property Investment has been hit with a double punch
    Over the last week LVR limits for Auckland rental property owners up to 30% (don't laugh too hard in the provinces, you may be next) were announced by the Reserve Bank and the Government brought in an effective Capital Gains Tax called a Bright Line Test.
    19-05-2015 more >>
  • Govt came close to changing capital gains tax rules on property
    Toughening existing tax rules about when the capital gain on a property can be taxed were still under consideration by ministers until relatively late before this year’s Budget, papers released by the Treasury show.
    14-07-2010 more >>

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