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  • NZ Property Investor

    TIME FOR REFORM

    Nov 28, 2019 5 minutes

    The Tenancy Tribunal. Everywhere I go on my travels around this great country, it is the one topic that always gets hotly debated, and there’s plenty of emotion that goes with the territory.

    One thing is for sure, wait times are frustratingly long. Too long, and if the Government pushes through mooted reforms such as the removal of the 90-day no-cause termination notice, they are likely to increase further. That will be unacceptable.

    With approximately 600,000 rental properties in New Zealand, there are a staggering 30,000 to 40,000 Tenancy Tribunal applications every year. Approximately 50% of them make their way to the Tribunal.

    WHO MAKES THE APPLICATIONS?

    Unsurprisingly, it is landlords who make the vast majority of the applications. In 2018 over 85% of all applications were made by the landlord.

    If you take away rent arrears, you start to get a picture that there is an equal amount of applications

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