Property managers play a powerful role in the housing of over 600,000 New Zealanders, including 43% of all children and those vulnerable to housing insecurity.
On 1 December 2020, the new Privacy Act 2020 will come into effect. The Act introduces a number of new privacy protections for individuals and obligations for businesses and organisations.
In New Zealand, we love open plan living which eliminates barriers such as walls and doors that traditionally separated distinct functional areas. The flow that open plan living provides is well espoused by real estate agents as a highly sought-after feature of a property, unless you are trying to comply with the healthy homes heating standard.
The Government passed legislation in March 2020 that temporarily increased the low-value asset threshold for depreciation from $500 to $5,000.
During this year’s lockdown, as our homes became ‘our castles’, many of us started to pay more attention to our surroundings.
Did you know that if you have not had your rental property assessed for its current level of compliance with the healthy homes standards and it becomes vacant, you will not be able to re-tenant the property until you do? That will be the case from 1 December 2020.