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Insurance Giant Take Firm Stance on Meth

Insurance Giant Take Firm Stance on Meth
  • Over 220 Meth-Tribunal cases heard in 2016

  • IAG state total claims to be approximately $14 million in the last 12 months

IAG, one of New Zealand's leading insurance providers has drawn a line in the sand with regards to claims around Meth-contaminated properties and in our opinion, it leads us a step closer to compulsory Meth Testing for all residential rental properties in New Zealand.

The Landlord Strikes Back

The Landlord Strikes Back

Saying 'it was an accident' may no longer save tenants after a groundbreaking appeal decision went in the favour of a landlord. The Osaki case has caused many a headache for Property Managers and Landlords, but after this decision we may see some light at the end of the tunnel.

2017: More Properties Managed By Less Companies

2017: More Properties Managed By Less Companies
  • Prediction that more landlords will turn to Property Managers but more companies will sell as compliance costs hit hard
  • Regulation of the Property Management industry a necessity but will anyone listen? 

As we return to work from our Christmas and New Year break, many of us will be wondering what will lie ahead for us in 2017. 

2016: The Year the Landlord Got Screwed

2016: The Year the Landlord Got Screwed
  • Methamphetamine and the Osaki Case dominate the year
  • Increase costs and landlords selling puts a further squeeze on rents

As this turbulent year ends, we will look at some of the key events that have changed our industry and two issues stick out like a sore thumb, much to the detriment of the landlord. Methamphetamine and the Osaki Tribunal Case.

Will we see the end of the letting fee?

Will we see the end of the letting fee?

The prospect of tenants not having to pay a letting fee became a step closer to reality last month. The Green Party co-Leader Metiria Turei's Residential Tenancies (Safe and Secure Rentals) Amendment Bill was one of three member's bills drawn from a ballot in August to go before Parliament. The purpose of the bill is to provide greater stability for tenants with the numbers of home ownership dropping.

What KPIs should property managers use?

What KPIs should property managers use?

Key Performance Indicators or as they are more commonly known KPI's are a great way of measuring how well you Property Management team are tracking. The problem many people have is deciding what they should be measuring. There is a risk of having too many so this article looks at which KPI's are most commonly used by leading Property Management departments.