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Meth bill on the cards

Law changes addressing the issue of meth contaminated houses could be on the way – if a new members Bill is selected from the Parliamentary ballot.

Friday, June 24th 2016, 12:00AM

by Miriam Bell

National MP Andrew Bayley plans to introduce a members’ bill that would give landlords more power to test and remedy their rental properties of dangerous levels of contamination.

He said the number of residential properties owned or offered for sale, which are later discovered to be contaminated by meth is increasing.

“This is a balanced bill that places obligation on the landlord to provide rental accommodation free of P-contamination, while giving them more power to confront the problem in their properties.”

Bayley said the changes proposed in his Bill would enable landlords to enter premises with appropriate notice for the purposes of testing for meth and other dangerous substances.

They also reinforce that tenants can be removed when a house is uninhabitable and ensures contaminated houses aren’t tenanted, he said.

“This prevents landlords from knowingly renting meth-contaminated properties and requires them to inform tenants as soon as practicable of the results of a meth test that show dangerous levels of contamination.”

These law changes would complement the new testing and remediation standard for meth contaminated properties, which a Standards NZ appointed committee is developing, he added.

The NZ Property Investors Federation is not represented on the committee which is dominated by representatives from the testing industry.

But Bayley said he had consulted with the NZPIF as part of his work on the Bill.

Meanwhile, the committee is due to hold its first meeting on June 29, with the draft of the standard due to be released for public comment later this year.

« Otago leads rental growth packNZPIF added to meth committee »

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Lender Flt 1yr 2yr 3yr
AIA 5.35 4.49 5.25 5.55
ANZ 5.54 5.15 5.85 6.15
ANZ Blueprint to Build 2.78 - - -
ANZ Special - 4.55 5.25 5.55
ASB Bank 5.35 4.49 5.25 5.55
Avanti Finance 5.45 - - -
Basecorp Finance 6.45 - - -
Bluestone 5.29 7.49 7.59 -
BNZ - Classic - 4.55 5.25 5.45
BNZ - Mortgage One 5.55 - - -
BNZ - Rapid Repay 5.55 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Std, FlyBuys 5.55 5.35 5.94 5.99
BNZ - TotalMoney 5.55 - - -
CFML Loans ▲6.45 - - -
China Construction Bank 5.50 5.40 6.14 6.40
China Construction Bank Special - 4.45 5.19 5.45
Credit Union Auckland 5.95 - - -
First Credit Union Special 5.85 4.70 5.20 -
Heartland Bank - Online 4.00 3.85 4.70 4.84
Heretaunga Building Society 5.95 4.80 5.50 -
HSBC Premier 5.49 4.39 5.15 5.39
HSBC Premier LVR > 80% - - - -
Lender Flt 1yr 2yr 3yr
HSBC Special - - - -
ICBC 5.25 ▲4.29 ▲5.09 ▲5.35
Kainga Ora ▲5.43 ▲4.57 ▲5.58 ▲5.85
Kainga Ora - First Home Buyer Special - 2.25 - -
Kiwibank 5.00 5.55 6.19 6.39
Kiwibank - Offset 5.00 - - -
Kiwibank Special 5.00 4.55 5.19 5.39
Liberty 4.84 - - -
Nelson Building Society 5.95 4.95 5.85 -
Pepper Essential 3.44 - - -
Resimac 4.59 5.60 6.16 6.29
Lender Flt 1yr 2yr 3yr
SBS Bank 5.29 4.69 5.35 5.49
SBS Bank Special - 4.19 4.85 4.99
Select Home Loans 4.09 4.29 4.86 5.09
The Co-operative Bank - First Home Special - ▲4.19 - -
The Co-operative Bank - Owner Occ 5.45 ▲4.29 5.19 5.45
The Co-operative Bank - Standard 5.45 ▲4.79 5.69 5.95
TSB Bank 5.59 ▼5.14 6.05 6.15
TSB Special 4.79 ▼4.34 5.25 5.35
Unity 5.65 ▲4.80 ▲5.50 -
Wairarapa Building Society 5.24 4.55 5.20 -
Westpac 5.54 5.09 5.79 6.09
Lender Flt 1yr 2yr 3yr
Westpac - Offset 5.54 - - -
Westpac Special - 4.49 5.19 5.49
Median 5.45 4.55 5.25 5.52

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