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

 

NZ's Space Programme: Rocket Lab Makes It To Space (But Not Orbit)

Electron lifted-off at 16:20 NZST from Rocket Lab Launch Complex 1 on the Mahia Peninsula in New Zealand. It was the first orbital-class rocket launched from from a private launch site in the world. More>>

ALSO:

Earlier:

Budget: Irrigate (Good Times, Come On!)

Additional grant funding of $26.7 million over the next three years plus a capital boost of $63 million towards irrigation investments in Budget 2017 will deliver economic and environmental benefits through better use of water... More>>

ALSO:

Silver Fern Farms: Proposal To Close Fairton Sheepmeat Plant

Silver Fern Farms has advised its people of the proposal to permanently close the site, and has discussed potential transfer options to its other sites in the region as part of the consultation process...
More>>

ALSO:

MPI: Myrtle Rust Appears In Taranaki

The nursery in Waitara (just north of New Plymouth) reported suspected myrtle rust symptoms on young plants to the Ministry’s 0800 number yesterday (Tuesday). More>>

ALSO: