Wellington Property Investors' Association

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News & Updates

Recent updates

Archive: June 2019

Landlords committed to ensuring homes are warm this winter

The organization that represents New Zealand landlords has welcomed survey results showing that more than 96% of its members’ rental properties have met the insulation deadline for rental properties.
30-06-2019 more >>

The Official Cash Rate (OCR) remains at 1.75 percent.

The Reserve Bank Governor said that given the weaker global economic outlook and the risk of ongoing subdued domestic growth, a lower OCR may be needed over time to continue to meet our objectives.
26-06-2019 more >>

New research confirms higher number of insulation compliant rentals

Officials believe a third of all rental homes won't be insulated in time for the deadline next week. However preliminary results from a NZ Property Investors Federation (NZPIF) survey show that the real number of properties which are unlikely to meet the deadline is likely to be a lot lower.
25-06-2019 more >>

AGM followed by Chris Dugdale

To get a seat, you MUST register BEFORE 5pm on Monday, 24 June 2019. Free for WnPIA members, and $30 for General Public entry. Join us on June 24 2019 for our AGM followed by Chris Dugdale who will be speaking on " A Passion for Property, Projects and People". Our June meeting and AGM will be at Meridian Energy Ltd Wellington Office, Meridian Energy Building, Level 2, 33 Customhouse Quay, Queen's Wharf, Wellington 6011. Chris and Warwick Dugdale could be relaxing into retirement but instead the community-minded couple and a team of volunteers have spent months getting six new houses ready for sale to raise money for charity. The couple founded the Dugdale Charitable Trust in 2012 and have already built and sold six houses in the Wairarapa, using their own money to fund the start-up costs. Their philanthropy has boosted the coffers of Wellington rescue helicopter Life Flight, Ronald McDonald House, Plunket and Wairarapa Hospice.
24-06-2019 more >>

A complete plants package - without a hefty price tag

Landscaping supplies can cost you an arm, and a leg as well as your patience. Adding up the price of plants, the time deciding which plants are right for the environment, not to mention the to-ing and fro-ing, loading and off-loading – well, it can leave more than your budget broken. So, we were pleasantly surprised when we discovered there’s something like flat pack furniture, but for the outdoors. In short, it’s a complete (and affordable) plants package that provides you with what you need to create an entire garden, including plants, shrubbery, flowers and trees.
20-06-2019 more >>

Privacy issues

As many of you will know, The Privacy Commission recently decided to design and publish what landlords could and couldn’t ask prospective tenants when looking to let out a property. Despite being just guidelines, it is likely that the Tenancy Tribunal would give the Commission’s ideas considerable standing.
19-06-2019 more >>

The facts about the Accommodation Supplement

The Child Poverty Action Group (CPAG) has called for Government to remove the Accommodation Supplement (AS) and significantly raise the incomes of all benefit recipients and low-wage workers. “CPAG claims that the AS keeps rental prices high however their own report disproves this” said Andrew King, Executive Officer of the NZ Property Investors’ Federation (NZPIF).
11-06-2019 more >>

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