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New Zealand COVID-19 outbreak

The Covid-19 pandemic has hit the world hard and fast. With the nationwide lockdown well and truly in place, businesses and their employees across the country have felt the immediate impact of the outbreak on our economy.

Healthy Homes Standards

The second stage of the Healthy Homes Standards rollout is fast approaching.

News & upcoming events

National lockdown: At 11.59 pm on Wednesday 25 March, New Zealand went into a nationwide lockdown as we moved to Covid-19 Alert Level 4. This will last for a minimum of 4 weeks.

Government freezes rent increases

On 23 March 2020, Finance Minister, Grant Robertson announced that the Government would be moving to temporarily freeze rent increases.

Residential Tenancies Amendment Bill

On 17 February 2020, The Residential Tenancies Amendment Bill was introduced to Parliament.

Surge in property prices across New Zealand

The Real Estate Institute of New Zealand (REINZ) has released new figures showing that 2020 started with a bang, seeing the busiest January in four years.

Changes in the NZPIF

Changes in the NZPIF Following Andrew King’s decision to step down, current president of the NZ Property Investors Federation (NZPIF), Sharon Cullwick will be taking over the role of executive officer of the organisation. Cullwick has stated that the recently announced tenancy law reform proposals will be her first area of focus, “We’ll be preparing submissions, trying to educate the wider public, and working with other groups like REINZ to try and help people understand the issues.”

News & upcoming events

Webinar: On March 17th, we will be hosting the first of our upcoming Property Management Webinars.

5 Essential Tenant Checks You Should Be Making

At Quinovic, we believe there are 5 tenant checks that every landlord or property manager should carry out before offering a tenant a property.

Record-breaking demand for housing

New Zealand’s waitlist for public housing has continued to grow at a rapid pace. Reaching nearly 14,500 households in November 2019, the list has more than doubled since 2017.

First home buyers facing difficulty with deposits

In November 2019, the Reserve Bank of New Zealand (RBNZ) reported that slowing global growth had prompted central banks across the world to offer low policy rates. Simultaneously, global interest rates also fell, leading RBNZ to describe low interest rates as the ‘new normal’ in New Zealand for the foreseeable future.

Tenants to pay $21,000

A property in Christchurch recently made headlines after receiving extensive damage from tenants. The tenancy tribunal ruled that the tenants owed the landlords $21,000 for the abandonment and repair of the property, including $8,000 in rental arrears alone.