Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Investors Support Focus On Insulation And Heating

Investors Support Focus On Insulation And Heating

The NZ Property Investors Federation (NZPIF) supports the focus on heating and Insulation in Phil Twyford’s Healthy Homes Guarantee Bill.

“The focus of the Healthy Homes Guarantee Bill is sensible and pragmatic. It tackles the two biggest problems, the cold and the damp, and it shouldn't incur large compliance costs compared to a Warrant of Fitness” says NZPIF Executive Officer Andrew King.

The NZPIF believes that well intentioned calls for a Warrant of Fitness (WOF) on rental properties to improve the health outcomes of children may be expensive to administer and the requirements for the WOF have already started to escalate.
Under the Healthy Homes Guarantee Bill, Landlords will be required to make a declaration that their rental property meets the standards required by EECA. While the detail of these requirements is not yet known, this system will minimise rental price increases by eliminating the regular and expensive WOF inspections of rental property.

"The focus of any new regulations should be the low income tenants with sick children" says King. "We need solutions that minimise rental price increases, as a big part of the existing problem is tenants being unable to afford the power to heat their homes. An expensive WOF system will only make this worse.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Tourism: China Southern Airlines To Fly To Christchurch

China Southern Airlines, in partnership with Christchurch Airport and the South Island tourism industry, has announced today it will begin flying directly between Guangzhou, Mainland China and the South Island. More>>

ALSO:

Dodgy: Truck Shops Come Under Scrutiny

Mobile traders, or truck shops, target poorer communities, particularly in Auckland, with non-compliant contracts, steep prices and often lower-quality goods than can be bought at ordinary shops, a Commerce Commission investigation has found. More>>

ALSO:

Auckland Transport: Government, Council Agree On Funding Approach

The government and Auckland Council have reached a detente over transport funding, establishing a one-year, collaborative timetable for decisions on funding for the city's transport infrastructure growth in the next 30 years after the government refused to fund the $2 billion of short and medium-term plans outlined in Auckland's draft Unitary Plan. More>>

ALSO:

Bullish On China Shock: Slumping Equities, Commodities May Continue, But Not A GFC

The biggest selloff in stock markets in at least four years, slumping commodity prices and a surge in Wall Street's fear gauge don't mean the world economy is heading for another global financial crisis, fund managers say. More>>

ALSO:

Real Estate: Investors Driving Up Auckland Housing Risk - RBNZ

The growing presence of investors in Auckland's property market is increasing the risks, and is likely to both amplify the housing cycle and worsen the potential damage from a downturn both to the financial system and the broader economy, said Reserve Bank deputy governor Grant Spencer. More>>

ALSO:

Annual Record: Overseas Visitors Hit 3 Million Milestone

Visitor arrivals to New Zealand surpassed 3 million for the first time in the July 2015 year, Statistics New Zealand said today. The record-breaking 3,002,982 visitors this year was 7 percent higher than the July 2014 year. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news