
Landlords face July 1 deadline for Healthy Homes compliance - the five standards rentals must meet
The approximately 500,000 New Zealand rental properties must meet five standards, according to Tenancy Services, part of the Ministry of Business, Innovation and Employment:
The Healthy Homes checklist explains the

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


NZ Herald
11 hours ago
- NZ Herald
Queenstown landlord fined $113k for overcrowded, unsafe housing
A Queenstown landlord chose to ignore tenancy rules housing 22 mainly migrant workers in a five-bedroom house, converted garages and a shed, the Ministry of Business, Innovation and Employment says. James Truong has been ordered to pay $113,723.56 for multiple breaches of the Residential Tenancies Act as well


NZ Herald
12 hours ago
- NZ Herald
Special tax change for fossil fuel companies was proposed ahead of Budget 2025, ministers went for $200m co-investment option
A tax deduction change specifically for some expenditure by fossil fuel companies was initially proposed as a potential Budget 2025 option to increase gas production in New Zealand. Officials from the Ministry of Business, Innovation and Employment (MBIE) advised ministers the option would 'provide a greater benefit' than the Investment

RNZ News
13 hours ago
- RNZ News
Financial Markets Authority warns it may run out of money for legal cases
The country's leading financial market watchdog has warned it might run out money to take legal cases, undermining its regulation of markets. Photo: 123RF The country's leading financial market watchdog has warned it might run out money to take legal cases, undermining its regulation of markets. In its recently published statement of performance expectations , which sets out its performance targets for the coming year, the Financial Markets Authority (FMA) said it had blown last year's (2024/25) legal fighting fund. It said legal costs for the just ended year were about $6.7 million compared to its budget of $5 million, but the overspend could be covered by unspent reserves from the 2023/34 year. However, it said pressures were already expected for the newly started year. "With multiple cases in the pipeline, forecast litigation expenditure for 2025/26 is expected to exceed the annual litigation funding appropriation of $5 million." However, the report said there would be no reserves available to cover any overspend, and that might affect its ability to take legal action. "This presents a significant risk," it said. "Insufficient funding may limit our ability to progress existing cases or initiate new ones, potentially impacting our regulatory effectiveness in financial markets," the report said. It said it was looking at options with the Ministry of Business, Innovation and Employment (MBIE), which included securing additional funding or reprioritising litigation activities within the existing budget. Overall, the FMA report said it expected to record a sharply reduced annual deficit of $1.75m compared to $7.31m in the year just ended. Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.