REFORM WORRIES

It’s been hit after hit on the policy and regulation front for investors in recent years. From the extension of the bright-line test; to new rules around the ring-fencing of rental losses; to the Healthy Homes minimum standards, it has all made the business of being a landlord much harder.

Yet the body blows just keep coming. Sure, the capital gains tax proposal ended up being ditched by the Government. But now the Government has released its long-awaited tenancy-law-reform proposals. And, to many landlords, those proposals not only bear out their worst concerns, but represent another round in the war against them.

THE PROPOSED REFORMS

Associate Minister of Housing Kris Faafoi announced the raft of proposed changes to the Residential Tenancies Act (RTA) in November. He says both renters and landlords will benefit from the proposed reforms.

One major proposal