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

 

Property Brokers Responds To RNZ Rent Holiday Story

Property Brokers is working with its clients and tenants during the Covid-19 lockdown to ensure that all cases are dealt with in a compassionate way.

A RNZ story yesterday claiming that Property Brokers advised landlords not to offer rent holidays is untrue.

When approached for comment on a landlord's claim that she had been discouraged

from offering a four-week rent holiday to a tenant, Property Brokers responded by recognising that these are trying and difficult circumstances for all.

Property Brokers has worked to adapt our internal business processes to adhere to the new guidelines imposed by the government. The level-4 restrictions in some cases have resulted in hardships, and as a result, some of our clients will require financial support from the

government.

As with all New Zealanders, we feel this is a time to come together as a nation, to support each other, and to look for ways to work through the coming weeks and months.

Our property managers have reached out to all our tenants and owners, encouraging to talk to us if they require support.

We are trying to maintain continuity with rental payments while providing guidance and support for tenants to seek financial support from the government. We appreciate every case is unique, so we are looking at all options to reduce financial stress for both landlords and tenants. This includes providing food vouchers, contribution to power bills, rent holidays and discounts.

This is a time for compassion; equally, it is a time to communicate clearly with all parties. No matter who we are working with, our number one priority is, and always will remain, our clients, staff and safety.

Along with all Kiwis, we are proud to do our part in helping to ensure that New Zealand beats this virus and are looking forward to being able to get back to our normal lives as soon as possible.

Bill Highet – CEO, Property Brokers

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Commerce Commission: Warns Genesis Over Business Billing Errors

The Commerce Commission has issued a warning to Genesis Energy Limited about billing errors concerning electricity line charges to business customers. Genesis reported the errors to the Commission. The Commission considers that Genesis is likely to ... More>>

QV: Tax Changes Yet To Dampen Red-Hot Housing Market

Just over a month has passed since the Government announced measures aimed at dampening the rampant growth of the property market, and yet the latest QV House Price Index data shows the market hit a new high in April. The average value increased 8.9% nationally ... More>>

Stats NZ: Consents For New Homes At All-Time High

A record 41,028 new homes have been consented in the year ended March 2021, Stats NZ said today. The previous record for the annual number of new homes consented was 40,025 in the year ended February 1974. “Within 10 years the number of new homes ... More>>

The Conversation: The Outlook For Coral Reefs Remains Grim Unless We Cut Emissions Fast — New Research

A study of 183 coral reefs worldwide quantified the impacts of ocean warming and acidification on reef growth rates. Even under the lowest emissions scenarios, the future of reefs is not bright. More>>

The Conversation: Why Now Would Be A Good Time For The Reserve Bank Of New Zealand To Publish Stress Test Results For Individual Banks

Set against the backdrop of an economy healing from 2020’s annus horribilis , this week’s Financial Stability Report (FSR) from the Reserve Bank (RBNZ) was cautiously reassuring: the country’s financial system is sound, though vulnerabilities remain. More>>

Reserve Bank: Concerned About New Zealand's Rising House Prices

New Zealand house prices have risen significantly in the past 12 months. This has raised concerns at the Reserve Bank of New Zealand – Te Putea Matua about the risk this poses to financial stability. Central banks responded swiftly to the global ... More>>